Fluent director granted 30,096 RSUs

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 30,096 restricted stock units, or RSUs, under the company’s 2022 Omnibus Equity Incentive Plan. These RSUs will vest in three equal annual installments starting on June 17, 2027. After this award, he holds 120,438 shares of common stock directly.

Insider Trade Summary

Grant/Award: 30,096 shares

Grant/Award 1 txn

Insider PFENNIGER RICHARD C JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	30,096	$0.00	$0.00

Holdings After Transaction: Common Stock — 120,438 shares (Direct)

Footnotes (1)

1. F1. On June 17, 2026, the Reporting Person 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.

Key Figures

RSUs granted: 30,096 shares Grant price per share: $0.00 per share Shares after transaction: 120,438 shares +1 more

4 metrics

RSUs granted 30,096 shares Restricted stock units granted on June 17, 2026

Grant price per share $0.00 per share Recorded transaction price for RSU award

Shares after transaction 120,438 shares Total common stock held directly following award

Vesting structure Three equal annual installments RSUs vest annually starting June 17, 2027

Key Terms

restricted stock units ("RSUs"), 2022 Omnibus Equity Incentive Plan, vest, Form 4

4 terms

restricted stock units ("RSUs") financial

"received a grant of 30,096 restricted stock units ("RSUs") under the Issuer's 2022 Omnibus Equity Incentive Plan"

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.

2022 Omnibus Equity Incentive Plan financial

"grant of 30,096 restricted stock units ("RSUs") under the Issuer's 2022 Omnibus Equity Incentive Plan"

vest financial

"The RSUs will vest in three equal annual installments, with the first installment vesting on June 17, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 regulatory

"Fluent reported this insider equity award on a Form 4 insider transaction report"

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.

FAQ

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

What insider transaction did Fluent (FLNT) report in this Form 4?

Fluent reported that director Richard C. Pfenniger Jr. received a grant of 30,096 restricted stock units. The award is compensation, not an open-market purchase or sale, and was made under the company’s 2022 Omnibus Equity Incentive Plan.

How many RSUs did the Fluent (FLNT) director receive and when do they vest?

The director received 30,096 restricted stock units. These RSUs will vest in three equal annual installments, with the first installment vesting on June 17, 2027, aligning his compensation with longer-term company performance and service.

What is the price per share for the RSU grant reported by Fluent (FLNT)?

The RSU grant is recorded with a per-share price of $0.00, reflecting that it is a compensation award rather than a cash purchase. The economic value to the director depends on Fluent’s stock price when the RSUs vest and settle.

How many Fluent (FLNT) shares does the director hold after this RSU award?

After the reported RSU award, the director is shown holding 120,438 shares of Fluent common stock directly. This total includes the impact of the 30,096-share RSU grant disclosed in the Form 4 filing.

Is the Fluent (FLNT) Form 4 transaction a market buy or sell?

No, the transaction is classified as a grant or award acquisition, not a market buy or sell. The director received 30,096 RSUs as equity compensation, and no open-market trading activity is reported in this Form 4.

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

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Accepted by SEC EDGAR 06/18/2026 - 04:33 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)
06/17/2026

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	06/17/2026		A		30,096(1)	A	$0	120,438	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. On June 17, 2026, the Reporting Person 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.

	/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)