Fluent director sells 25,000 shares at $3.00

Fluent, Inc. (FLNT) director David Allen Graff reported selling 25,000 shares of Common Stock on September 10, 2026 at a weighted average price of about $3.00 per share.

Available on EDGAR 09/14/2026 - 04:34 PM EDT Accepted by SEC EDGAR 09/14/2026 - 04:30 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Fluent, Inc. (FLNT) director David Allen Graff reported selling 25,000 shares of Common Stock on September 10, 2026 at a weighted average price of about $3.00 per share. After this transaction, he directly holds 95,438 shares of Fluent common stock. No Rule 10b5‑1 trading plan is reported.

Insider Trade Summary

Net Seller: 25,000 shares

Net Sell 1 txn

Insider Graff David Allen

Role Director

Sold 25,000 shs ($75K)

Share of Position Sold 20.8%

Type	Security	Shares	Price	Value
Sale	Common Stock F1	25,000	$3.00	$75K

Holdings After Transaction: Common Stock — 95,438 shares (Direct)

Holdings Before and After: Common Stock, 120,438 to 95,438 shares (Direct)

Footnotes (1)

1. F1. The price listed in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.00 to $3.06, inclusive. The Reporting Person undertakes to provide Fluent, Inc., any Fluent, Inc. security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Key Figures

Shares sold: 25,000 shares Weighted average sale price: $3.00 per share Price range of trades: $3.00–$3.06 per share +2 more

5 metrics

Shares sold 25,000 shares Common Stock sold by director David Allen Graff on September 10, 2026

Weighted average sale price $3.00 per share Weighted average for trades executed between $3.00 and $3.06

Price range of trades $3.00–$3.06 per share Range of prices for the transactions included in the reported sale

Shares owned after transaction 95,438 shares Direct holdings of David Allen Graff after the reported sale

Net buy/sell shares 25,000 shares net sold Net effect of all reported transactions in this Form 4

Key Terms

weighted average price, Common Stock, open market or private transaction

3 terms

weighted average price financial

"The price listed in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock financial

"security title is listed as Common Stock for the transaction."

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.

open market or private transaction financial

"Described as a Sale in open market or private transaction."

FAQ

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

What insider transaction did Fluent, Inc. (FLNT) report on this Form 4?

Fluent, Inc. reported that director David Allen Graff sold 25,000 shares of its Common Stock on September 10, 2026 in an open market or private transaction.

At what price were the FLNT shares transacted by the director?

The reported price is a weighted average of $3.00 per share, with individual trades executed in a range from $3.00 to $3.06 per share, as disclosed in the footnote.

How many Fluent (FLNT) shares does David Allen Graff own after this sale?

After the reported sale, David Allen Graff directly owns 95,438 shares of Fluent, Inc. Common Stock, according to the Form 4 filing.

Was the FLNT insider sale made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates no Rule 10b5-1 plan is reported, meaning the sale is not affirmed as being executed under a pre-arranged trading plan.

What type of security did the Fluent (FLNT) director sell?

The transaction involved Common Stock of Fluent, Inc. There were no derivative securities reported in connection with this Form 4 filing.

How many FLNT shares in total did the director sell in this Form 4?

The director sold a total of 25,000 shares of Fluent, Inc. Common Stock, based on multiple trades aggregated into a single reported transaction.

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

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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^*

Graff David Allen

(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)
09/10/2026

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)

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	09/10/2026		S		25,000	D	$3(1)	95,438	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. The price listed in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.00 to $3.06, inclusive. The Reporting Person undertakes to provide Fluent, Inc., any Fluent, Inc. security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

	/s/ David A Graff	09/14/2026
	** 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)