Fluent (NASDAQ: FLNT) director awarded 21,429 shares; Form 4/A corrects post-split holdings
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
SHATTUCK KOHN BARBARA reported acquisition or exercise transactions in this Form 4 filing.
Fluent, Inc. director Barbara Shattuck Kohn received a grant of 21,429 shares of Common Stock on June 4, 2024, at no purchase price. After this award, she directly owned 70,782 shares. The amendment also corrects a prior Form 4 that understated her post-transaction holdings following a 1-for-6 reverse stock split on April 11, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHATTUCK KOHN BARBARA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,429 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 70,782 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 21,429 shares
Price per share: $0.0000 per share
Shares owned after transaction: 70,782 shares
+2 more
5 metrics
Shares granted
21,429 shares
Common Stock grant on June 4, 2024
Price per share
$0.0000 per share
Reported transaction price for the grant
Shares owned after transaction
70,782 shares
Director’s direct holdings after June 4, 2024 grant
Reverse stock split ratio
1-for-6
Reverse split effectuated on April 11, 2024
Transaction code
A
Grant, award, or other acquisition of Common Stock
Key Terms
Form 4/A, reverse stock split, Grant, award, or other acquisition, Common Stock
4 terms
Form 4/A regulatory
"On June 5, 2024, the Reporting Person filed a Form 4 which inadvertently reported..."
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
reverse stock split financial
"the total impact for Issuer's 1-for-6 reverse stock split effectuated on April 11, 2024"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Fluent, Inc. (FLNT) report in this Form 4/A?
Fluent, Inc. reported that director Barbara Shattuck Kohn received a grant of 21,429 shares of Common Stock on June 4, 2024. The award was at no purchase price and increased her direct holdings to 70,782 shares.
Is the Fluent, Inc. (FLNT) Form 4/A an amendment to a prior filing?
Yes. The Form 4/A amends a Form 4 filed on June 5, 2024 that misreported Barbara Shattuck Kohn’s post-transaction holdings. The amendment clarifies that she held 70,782 shares after the June 4, 2024 grant.
What type of insider transaction is disclosed for Fluent, Inc. (FLNT)?
The filing shows a grant or award acquisition coded as “A,” not an open-market purchase or sale. Barbara Shattuck Kohn acquired 21,429 shares of Common Stock as a compensatory grant, with a reported transaction price per share of $0.0000.