Fluent CEO receives RSU and phantom unit grants
Fluent, Inc. CEO Patrick Donald Huntley reported several compensation-related equity transactions.
Rhea-AI Filing Summary
Fluent, Inc. CEO Patrick Donald Huntley reported several compensation-related equity transactions. On April 3, 2026, he received 107,000 restricted stock units and an equal number of phantom stock units under the 2025 Equity Participation Plan, each vesting in three annual installments.
On April 1, 2026, 37,000 phantom stock units were converted into common stock and then 37,000 shares were returned to the issuer, while 37,000 phantom units were settled for cash. Earlier, Huntley was granted 111,000 RSUs on October 9, 2025, and sold 1,353 shares on June 10, 2025 to cover tax withholding obligations. After the most recent award, he held 532,007 common shares and 107,000 phantom stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Patrick Donald Huntley
Role
Chief Executive Officer
Sold
1,353 shs ($2K)
Approx. gross sale proceeds
$2K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 107,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 107,000 | $0.00 | $0.00 |
| Exercise | Phantom Stock Units | 37,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 37,000 | $0.00 | $0.00 |
| Disposition | Common Stock | 37,000 | $3.26 | $121K |
| Grant/Award | Phantom Stock Units | 111,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 111,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,191 | $0.00 | $0.00 |
| Sale | Common Stock | 1,353 | $1.8139 | $2K |
Holdings After Transaction:
Phantom Stock Units — 292,000 contracts (Direct);
Common Stock — 532,007 shares (Direct)
Footnotes (7)
- F1. On October 3, 2022, the Issuer approved an award of 25,528 performance stock units ("PSUs") to the Reporting Person under the Fluent, Inc. 2022 Omnibus Equity Incentive Plan, subject to the achievement of certain financial targets. Targets were measured over a three-year period resulting in the issuance of 3,191 PSUs, with the remainder of the PSUs being forfeited.
- F2. The shares were sold to cover tax withholding obligations.
- F3. On October 9, 2025, the Issuer granted the Reporting Person 111,000 restricted stock units ("RSUs") pursuant to the Issuer's 2025 Equity Participation Plan ("2025 EPP"). The RSUs vest in three equal annual installments with the first installment vesting on April 1, 2026, subject to continued employment.
- F4. Each phantom stock unit was the economic equivalent of one share of the Issuer's common stock. On April 1, 2026, 37,000 of the Reporting Person's phantom stock units were settled for cash.
- F5. On April 3, 2026, the Issuer granted the Reporting Person 107,000 RSUs pursuant to the Issuer's 2025 EPP. The RSUs vest in three equal annual installments with the first installment vesting on April 1, 2027, subject to continued employment.
- F6. The grant was made pursuant to the Issuer's 2025 EPP. Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock and vest in three equal annual installments with the first installment vesting on April 1, 2026. Each phantom stock unit will be settled in cash in an amount equal to the fair market value of the Issuer's common stock on the vesting date, subject to continued employment.
- F7. The grant was made pursuant to the Issuer's 2025 EPP. Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock and vest in three equal annual installments with the first installment vesting on April 1, 2027. Each phantom stock unit will be settled in cash in an amount equal to the fair market value of the Issuer's common stock on the vesting date, subject to continued employment.
Key Figures
RSU grant: 107,000 units
Phantom unit grant: 107,000 units
RSU grant: 111,000 units
+5 more
8 metrics
RSU grant
107,000 units
Granted April 3, 2026 under 2025 EPP; three-year vesting
Phantom unit grant
107,000 units
Granted April 3, 2026; three equal annual installments from April 1, 2027
RSU grant
111,000 units
Granted October 9, 2025; first vesting April 1, 2026
Phantom units settled
37,000 units
Settled for cash on April 1, 2026
Common shares from exercise
37,000 shares
Common stock acquired via derivative exercise on April 1, 2026
Tax-related sale
1,353 shares at $1.8139
Shares sold June 10, 2025 to cover tax withholding
Common shares held
532,007 shares
Direct holdings after April 3, 2026 award
Phantom units held
107,000 units
Direct phantom stock unit holdings after April 3, 2026 grant
Key Terms
restricted stock units, phantom stock units, performance stock units, tax withholding obligations, +1 more
5 terms
restricted stock units financial
"the Issuer granted the Reporting Person 111,000 restricted stock units ("RSUs") pursuant to the Issuer's 2025 Equity Participation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
phantom stock units financial
"Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
performance stock units financial
"approved an award of 25,528 performance stock units ("PSUs") to the Reporting Person"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax withholding obligations financial
"The shares were sold to cover tax withholding obligations."
2025 Equity Participation Plan financial
"pursuant to the Issuer's 2025 Equity Participation Plan ("2025 EPP")"
FAQ
What equity awards did Fluent (FLNT) CEO Patrick Huntley receive on April 3, 2026?
On April 3, 2026, Patrick Huntley received 107,000 restricted stock units and 107,000 phantom stock units under Fluent’s 2025 Equity Participation Plan. Both awards vest in three equal annual installments starting April 1, 2027, subject to his continued employment.
What happened to Patrick Huntley’s phantom stock units at Fluent (FLNT) on April 1, 2026?
On April 1, 2026, 37,000 of Patrick Huntley’s phantom stock units were converted into 37,000 shares of Fluent common stock, and 37,000 phantom units were settled for cash. The share conversion and cash settlement followed the plan’s vesting and settlement provisions.
What RSU grant did Fluent (FLNT) award to CEO Patrick Huntley in October 2025?
On October 9, 2025, Fluent granted Patrick Huntley 111,000 restricted stock units under the 2025 Equity Participation Plan. These RSUs vest in three equal annual installments beginning April 1, 2026, provided he remains employed with the company through each vesting date.
How do phantom stock units work in Fluent (FLNT) CEO Patrick Huntley’s compensation?
Each phantom stock unit is the economic equivalent of one Fluent common share. Units vest in three equal annual installments and are settled in cash equal to the fair market value on each vesting date, subject to Patrick Huntley’s continued employment, rather than delivering actual shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
