STOCK TITAN

Fluent (NASDAQ: FLNT) director awarded 21,429 shares; Form 4/A corrects post-split holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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)
  1. [object Object]
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
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SHATTUCK KOHN BARBARA

(Last)(First)(Middle)
C/O FLUENT, INC.
300 VESEY STREET, 9TH FLOOR

(Street)
NEW YORK NEW YORK 10282

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Fluent, Inc. [ FLNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2024
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
06/05/2024
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/04/2024A21,429A$070,782(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On June 5, 2024, the Reporting Person filed a Form 4 which inadvertently reported, that following her activity, the Reporting Person owned a total of 70,779 shares of common stock which amount did not accurately reflect the total impact for Issuer's 1-for-6 reverse stock split effectuated on April 11, 2024. As reported in this amendment, following the activity, the Reporting Person owned 70,782 shares of common stock.
/s/ Barbara Shattuck Kohn06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Fluent, Inc. (FLNT) shares does the director hold after this transaction?

Following the June 4, 2024 grant, director Barbara Shattuck Kohn directly owns 70,782 shares of Fluent, Inc. Common Stock. This corrected amount reflects the impact of the company’s 1-for-6 reverse stock split completed on April 11, 2024.

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.

How does the reverse stock split affect the Fluent, Inc. (FLNT) share figures here?

The footnote explains that a 1-for-6 reverse stock split on April 11, 2024 affected the director’s share count. The original Form 4 did not fully reflect this impact, so the amendment corrects her post-transaction holdings to 70,782 shares of Common Stock.