Fluent director granted 21,429 shares in amendment

PFENNIGER RICHARD C JR reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

PFENNIGER RICHARD C JR reported acquisition or exercise transactions in this Form 4 filing.

Fluent, Inc. director Richard C. Pfenniger Jr. received a grant of 21,429 shares of common stock on June 4, 2024 at no cost. This award increased his direct holdings to 50,660 shares of common stock. An earlier Form 4 had understated his post-transaction holdings by one share due to the issuer’s 1-for-6 reverse stock split effectuated on April 11, 2024, and this amendment corrects that total.

Insider Trade Summary

Grant/Award: 21,429 shares

Grant/Award 1 txn

Insider PFENNIGER RICHARD C JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	21,429	$0.00	$0.00

Holdings After Transaction: Common Stock — 50,660 shares (Direct)

Footnotes (1)

1. F1. On June 5, 2024, the Reporting Person filed a Form 4 which inadvertently reported, that following his activity, the Reporting Person owned a total of 50,659 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 50,660 shares of common stock.

Key Figures

Stock grant size: 21,429 shares Grant price per share: $0.0000 per share Shares owned after transaction: 50,660 shares +2 more

5 metrics

Stock grant size 21,429 shares Common stock award on June 4, 2024

Grant price per share $0.0000 per share Reported for the June 4, 2024 stock award

Shares owned after transaction 50,660 shares Director’s direct common stock holdings following the grant

Reverse stock split ratio 1-for-6 Reverse stock split effectuated on April 11, 2024

Reverse split effective date April 11, 2024 Date issuer’s 1-for-6 reverse stock split was effectuated

Key Terms

Form 4, reverse stock split, Grant, award, or other acquisition, non-derivative

4 terms

Form 4 regulatory

"On June 5, 2024, the Reporting Person filed a Form 4 which inadvertently reported..."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

reverse stock split financial

"did not accurately reflect 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""

non-derivative financial

"transaction_type: "non-derivative""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Fluent (FLNT) disclose in this Form 4/A?

Fluent reported that director Richard C. Pfenniger Jr. received a grant of 21,429 shares of common stock on June 4, 2024 at no cost, increasing his direct ownership to 50,660 shares following the award.

How many Fluent (FLNT) shares does Richard C. Pfenniger Jr. now own?

After the June 4, 2024 grant, Richard C. Pfenniger Jr. directly owns 50,660 shares of Fluent common stock. The amended filing corrects a prior Form 4 that had reported 50,659 shares after adjusting for a recent reverse stock split.

What was the price per share for the Fluent (FLNT) stock grant?

The 21,429-share grant to Richard C. Pfenniger Jr. was reported at a price of $0.0000 per share. This indicates it was an award of stock, not an open-market purchase, and it increased his direct common stock holdings.

Why did Fluent (FLNT) file an amended Form 4/A for this insider transaction?

The amendment was filed to correct the total shares owned after the transaction. A prior Form 4 misstated post-transaction holdings at 50,659 shares, not fully reflecting the impact of a 1-for-6 reverse stock split effected on April 11, 2024.

How does Fluent’s recent reverse stock split affect this Form 4/A?

Fluent completed a 1-for-6 reverse stock split on April 11, 2024. The original Form 4 did not accurately incorporate this split’s full impact on Richard C. Pfenniger Jr.’s post-transaction share count, which this amended Form 4/A updates to 50,660 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/18/2026 - 04:31 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

PFENNIGER RICHARD C JR

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/04/2024		A		21,429	A	$0	50,660(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On June 5, 2024, the Reporting Person filed a Form 4 which inadvertently reported, that following his activity, the Reporting Person owned a total of 50,659 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 50,660 shares of common stock.

	/s/ Richard Pfenniger, Jr.	06/18/2026
	** Signature of Reporting Person	Date
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)