Fluent, Inc. (FLNT) major holder GVIC updates stock, RSUs and warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fluent, Inc. insider filings show that Global Value Investment Corp. (GVIC), a 10% owner, reported an internal restructuring entry involving 30,096 shares of Common Stock on June 17, 2026, leaving GVIC with 3,140,750 shares of Common Stock held indirectly.
Footnotes also state that director James P. Geygan, who is CEO and President of GVIC, received a grant of 30,096 restricted stock units (RSUs) under Fluent’s 2022 Omnibus Equity Incentive Plan, vesting in three equal annual installments starting on June 17, 2027. GVIC-related accounts additionally hold Warrants and Pre-Funded Warrants each linked to 78,425 shares of Common Stock, with exercise prices of $2.2000 and $0.0005 per share, respectively, exercisable following stockholder approval of the offerings.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
GLOBAL VALUE INVESTMENT CORP., GEYGAN JEFFREY RICHART, GEYGAN JAMES, Wilke Stacy, Geygan Kathleen, Rice Shawn G
Role
null | null | null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 30,096 | $0.00 | -- |
| holding | Pre-Funded Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,140,750 shares (Indirect, By Global Value Investment Corporation);
Pre-Funded Warrants — 78,425 shares (Indirect, By Global Value Investment Corporation);
Warrants — 78,425 shares (Indirect, By Global Value Investment Corporation);
Common Stock — 9,385 shares (Direct, null)
Footnotes (1)
- On June 17, 2026, the James P. Geygan, a director of the Issuer and the CEO and President of GVIC, received a grant of 30,096 restricted stock units ("RSUs") under the Issuer's 2022 Omnibus Equity Incentive Plan. The RSUs will vest in three equal annual installments, with the first installment vesting on June 17, 2027. These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated persons/entities (collectively, "GVIC"). GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager and/or investment advisor to separately managed accounts, investment partnerships, and/or individuals. The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. In addition to Global Value Investment Corp, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.0005 per share ("Common Stock"), of Fluent, Inc. reported on this Form 4. In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice. The Pre-Funded Warrants are exercisable following stockholder approval of the offering of the Pre-Funded Warrants on June 17, 2026. The Pre-Funded Warrants will terminate when exercised in full. The Warrants are exercisable following stockholder approval of the offering of the Warrants on June 17, 2026. The Warrants will expire three years from the date of issuance.
Key Figures
Restructuring shares: 30,096 shares
Indirect Common Stock holdings: 3,140,750 shares
Director RSU grant: 30,096 RSUs
+5 more
8 metrics
Restructuring shares
30,096 shares
Common Stock entry coded as other transaction on June 17, 2026
Indirect Common Stock holdings
3,140,750 shares
Common Stock held indirectly by GVIC after transaction
Director RSU grant
30,096 RSUs
Granted to James P. Geygan under 2022 Omnibus Equity Incentive Plan
Warrant underlying shares
78,425 shares
Common Stock underlying Warrants held indirectly by GVIC
Pre-Funded Warrant underlying shares
78,425 shares
Common Stock underlying Pre-Funded Warrants held indirectly by GVIC
Warrant exercise price
$2.2000 per share
Exercise price of Warrants on Common Stock
Pre-Funded Warrant exercise price
$0.0005 per share
Exercise price of Pre-Funded Warrants on Common Stock
Direct Common Stock holding
9,385 shares
Common Stock directly held following holding entry
Key Terms
restricted stock units ("RSUs"), Pre-Funded Warrants, Warrants, beneficial ownership, +1 more
5 terms
restricted stock units ("RSUs") financial
"received a grant of 30,096 restricted stock units ("RSUs") under the Issuer's 2022 Omnibus"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Pre-Funded Warrants financial
"The Pre-Funded Warrants are exercisable following stockholder approval of the offering"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
Warrants financial
"The Warrants are exercisable following stockholder approval of the offering of the Warrants"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
beneficial ownership financial
"GVIC may be deemed to have beneficial ownership of these securities because it serves"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest"
FAQ
What insider activity did Fluent, Inc. (FLNT) report on June 17, 2026?
Fluent reported an internal restructuring entry for 30,096 shares of Common Stock tied to Global Value Investment Corp. (GVIC), a 10% owner, resulting in GVIC holding 3,140,750 shares indirectly, along with updated disclosures on related warrants and pre-funded warrants positions.
When do the Fluent, Inc. (FLNT) Warrants and Pre-Funded Warrants become exercisable?
Footnotes state that both the Warrants and Pre-Funded Warrants become exercisable following stockholder approval of their respective offerings on June 17, 2026. The Warrants will expire three years from issuance, while the Pre-Funded Warrants terminate once fully exercised.