STOCK TITAN

Fluent director Ryan Schulke buys 2,823 shares

Fluent, Inc. (FLNT) director, officer and 10% owner Ryan Schulke reported purchasing 2,823 shares of common stock on September 4, 2026 in an open-market transaction at a weighted average price of $3.076 per share.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Fluent, Inc. (FLNT) director, officer and 10% owner Ryan Schulke reported purchasing 2,823 shares of common stock on September 4, 2026 in an open-market transaction at a weighted average price of $3.076 per share. No Rule 10b5-1 trading plan is reported for this purchase.

After the transaction, Schulke holds 4,156,617 shares directly, plus indirect holdings through related entities, including a family foundation trust, an LLC, and two grantor retained annuity trusts that together hold several hundred thousand additional shares.

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Insider Schulke Ryan
Role Chief Strategy Officer
Bought 2,823 shs ($9K)
Type Security Shares Price Value
Purchase Common Stock F1 2,823 $3.076 $9K
holding Common Stock F2 -- -- --
holding Common Stock F3 -- -- --
holding Common Stock F4 -- -- --
holding Common Stock F5 -- -- --
Holdings After Transaction: Common Stock — 4,156,617 shares (Direct); Common Stock — 592,044 shares (Indirect, Held by The Schulke Inn Family Foundation Trust); Common Stock — 333,334 shares (Indirect, Held by RSMC Partners, LLC); Common Stock — 20,208 shares (Indirect, Held by The Ryan Schulke 2020 Grantor Retained Annuity Trust); Common Stock — 149,690 shares (Indirect, Held by 2022 Ryan Schulke Grantor Retained Annuity Trust)
Footnotes (5)
  1. F1. The price listed in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.06 to $3.14, 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.
  2. F2. The Reporting Person is the co-trustee of the Schulke Inn Family Foundation Trust and in such capacity has the shared right to vote and dispose of the securities held by such trust.
  3. F3. The Reporting Person is a Member of RSMC Partners, LLC.
  4. F4. The Reporting Person is the Trustee of The Ryan Schulke 2020 Grantor Retained Annuity Trust.
  5. F5. The Reporting Person is the Trustee of the 2022 Ryan Schulke Grantor Retained Annuity Trust.
Shares purchased 2,823 shares Common stock bought by Ryan Schulke on September 4, 2026
Weighted average purchase price $3.076 per share Open-market purchase on September 4, 2026
Purchase price range $3.06–$3.14 per share Range of prices for the 2,823 shares purchased on September 4, 2026
Direct holdings after transaction 4,156,617 shares Common stock held directly by Ryan Schulke after September 4, 2026 purchase
Family foundation trust holdings 592,044 shares Held by The Schulke Inn Family Foundation Trust
RSMC Partners, LLC holdings 333,334 shares Indirect holdings through RSMC Partners, LLC
2020 Grantor Retained Annuity Trust holdings 20,208 shares Held by The Ryan Schulke 2020 Grantor Retained Annuity Trust
2022 Grantor Retained Annuity Trust holdings 149,690 shares Held by the 2022 Ryan Schulke Grantor Retained Annuity Trust
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.
co-trustee financial
"The Reporting Person is the co-trustee of the Schulke Inn Family Foundation Trust"
Grantor Retained Annuity Trust financial
"The Reporting Person is the Trustee of The Ryan Schulke 2020 Grantor Retained Annuity Trust."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
shared right to vote and dispose financial
"has the shared right to vote and dispose of the securities held by such trust."

FAQ

What did Fluent, Inc. (FLNT) insider Ryan Schulke buy on September 4, 2026?

Ryan Schulke purchased 2,823 shares of Fluent, Inc. common stock on September 4, 2026 in an open-market transaction at a weighted average price of $3.076 per share, with individual trade prices ranging from $3.06 to $3.14.

How many Fluent, Inc. (FLNT) shares does Ryan Schulke hold directly after this Form 4?

Following the reported purchase, Ryan Schulke holds 4,156,617 shares of Fluent, Inc. common stock in a direct ownership capacity, according to the Form 4 filing for September 4, 2026.

What indirect Fluent, Inc. (FLNT) holdings are reported for Ryan Schulke?

Indirectly, Schulke reports 592,044 shares held by The Schulke Inn Family Foundation Trust, 333,334 shares held by RSMC Partners, LLC, 20,208 shares held by The Ryan Schulke 2020 Grantor Retained Annuity Trust, and 149,690 shares held by the 2022 Ryan Schulke Grantor Retained Annuity Trust.

Was the September 4, 2026 FLNT insider purchase under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the September 4, 2026 purchase of 2,823 shares of Fluent, Inc. common stock by Ryan Schulke was not reported as being made pursuant to a Rule 10b5-1 trading plan.

What price range did Ryan Schulke pay for FLNT shares on September 4, 2026?

The Form 4 notes a weighted average purchase price of $3.076 per share, with the 2,823 shares of Fluent, Inc. common stock bought in multiple transactions at prices ranging from $3.06 to $3.14 per share, inclusive.

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

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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*
Schulke Ryan

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026
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)

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 Stock09/04/2026P2,823A$3.076(1)4,156,617D
Common Stock592,044IHeld by The Schulke Inn Family Foundation Trust(2)
Common Stock333,334IHeld by RSMC Partners, LLC(3)
Common Stock20,208IHeld by The Ryan Schulke 2020 Grantor Retained Annuity Trust(4)
Common Stock149,690IHeld by 2022 Ryan Schulke Grantor Retained Annuity Trust(5)
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. The price listed in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.06 to $3.14, 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.
2. The Reporting Person is the co-trustee of the Schulke Inn Family Foundation Trust and in such capacity has the shared right to vote and dispose of the securities held by such trust.
3. The Reporting Person is a Member of RSMC Partners, LLC.
4. The Reporting Person is the Trustee of The Ryan Schulke 2020 Grantor Retained Annuity Trust.
5. The Reporting Person is the Trustee of the 2022 Ryan Schulke Grantor Retained Annuity Trust.
/s/ Ryan Schulke09/08/2026
** 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)

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