Fluent CEO exercises 26,788 pre-funded warrants
Fluent, Inc.’s Chief Executive Officer Patrick Donald Huntley exercised pre-funded warrants into common stock in a routine, non-market transaction.
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Form Type
4
Rhea-AI Filing Summary
Fluent, Inc.’s Chief Executive Officer Patrick Donald Huntley exercised pre-funded warrants into common stock in a routine, non-market transaction. On June 23, 2026, he exercised a total of 26,788 pre-funded warrants at an exercise price of $0.0005 per share on a cashless basis after stockholder approval on June 17, 2026. The pre-funded warrants were exercised in full and then terminated, converting into the same number of Fluent common shares without any open-market buying or selling.
Insider Trade Summary
26,788 shares exercised/converted
Exercise
6 txns
Insider
Patrick Donald Huntley
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Pre-Funded Warrant | 12,502 | $0.00 | $0.00 |
| Exercise | Pre-Funded Warrant | 14,286 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,502 | $0.0005 | $6.25 |
| Other | Common Stock | 1 | $0.0005 | $0.00 |
| Exercise | Common Stock | 14,286 | $0.0005 | $7.14 |
| Other | Common Stock | 2 | $0.0005 | $0.00 |
Holdings After Transaction:
Pre-Funded Warrant — 0 contracts (Direct);
Common Stock — 558,792 shares (Direct)
Footnotes (3)
- F1. The Reporting Person exercised the pre-funded warrants on a cashless basis.
- F2. The pre-funded warrants were immediately exercisable after stockholder approval of the offering of the Issuer's pre-funded warrants, which approval was obtained on June 17, 2026.
- F3. The pre-funded warrants terminated when exercised in full. The pre-funded warrants were exercised on June 23, 2026.
Key Figures
Pre-funded warrants exercised: 26,788 shares
Exercise price: $0.0005 per share
Warrant lot 1: 14,286 shares
+3 more
6 metrics
Pre-funded warrants exercised
26,788 shares
Total underlying common shares from warrant exercises on June 23, 2026
Exercise price
$0.0005 per share
Conversion or exercise price of pre-funded warrants into common stock
Warrant lot 1
14,286 shares
Underlying common stock from one pre-funded warrant exercise
Warrant lot 2
12,502 shares
Underlying common stock from second pre-funded warrant exercise
Exercise date
June 23, 2026
Date the pre-funded warrants were exercised and terminated
Stockholder approval date
June 17, 2026
Date stockholders approved the offering of pre-funded warrants
Key Terms
pre-funded warrants, cashless basis, derivative security, Chief Executive Officer, +1 more
5 terms
pre-funded warrants financial
"The Reporting Person exercised the pre-funded warrants on a cashless basis."
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.
cashless basis financial
"The Reporting Person exercised the pre-funded warrants on a cashless basis."
An agreement executed on a cashless basis lets a holder convert or exercise a security (like options, warrants, or conversion rights) without paying money upfront; instead the holder receives a smaller number of shares equal in value to what the cash would have purchased. Think of trading a coupon for fewer slices of a cake rather than handing over cash for the full slice. For investors, it affects how much ownership and dilution occur and avoids immediate cash outlays.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Chief Executive Officer financial
"Patrick Donald Huntley serves as Chief Executive Officer of Fluent, Inc."
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
non-derivative financial
"transaction_type: non-derivative for common stock entries"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Fluent (FLNT) report for its CEO?
Fluent’s CEO Patrick Donald Huntley exercised pre-funded warrants into common stock. On June 23, 2026, he converted 26,788 pre-funded warrants into the same number of Fluent common shares through a cashless exercise, with no open-market buying or selling.
How many pre-funded warrants did the Fluent (FLNT) CEO exercise?
Patrick Donald Huntley exercised 26,788 pre-funded warrants. The Form 4 shows two warrant exercises for 14,286 and 12,502 underlying common shares, respectively, all completed on June 23, 2026, resulting in 26,788 new common shares through derivative exercises.
What was the exercise price of the Fluent (FLNT) pre-funded warrants?
The pre-funded warrants were exercisable at an exercise price of $0.0005 per share. This very low exercise price applied to the 26,788 underlying Fluent common shares obtained when the CEO exercised the warrants on a cashless basis.
Were Fluent (FLNT) pre-funded warrants still outstanding after the CEO’s transactions?
No, the pre-funded warrants terminated after being exercised in full. The footnotes state that the warrants were immediately exercisable after stockholder approval on June 17, 2026 and were fully exercised and terminated on June 23, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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