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  4. [Form 4] Inuvo, Inc. Insider Trading Activity

Inuvo (INUV) COO and director receive 3,000 shares from RSU settlement

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Inuvo, Inc. reported that Chief Operating Officer and director Robert C. Buchner acquired common stock through the settlement of equity awards. On January 8, 2026, 3,000 restricted stock units were converted into 3,000 shares of common stock at an exercise price of $0.0000 per share. Following this transaction, Buchner directly holds 3,000 shares of Inuvo common stock. The number of restricted stock units and underlying shares reflects a 1-for-10 reverse stock split that occurred on June 10, 2025.

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Insider Buchner Robert C.
Role Chief Operating Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 3,000 $0.00 --
Exercise Common Stock 3,000 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 3,000 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock. Adjusted to reflect a 1-for-10 reverse stock split that occurred on June 10, 2025.
Form 4 Insider Transactions: What Each Field Means →
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*
Buchner Robert C.
(Last) (First) (Middle)
500 PRESIDENT CLINTON AVE.
SUITE 300
(Street)
LITTLE ROCK AR 72201
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Inuvo, Inc. [ INUV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/08/2026 M 3,000 A $0.0000 3,000 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
Restricted Stock Unit (1) 01/08/2026 M 3,000 01/08/2026 01/08/2026 Common Stock 3,000 $0.0000 0.0000(2) D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
2. Adjusted to reflect a 1-for-10 reverse stock split that occurred on June 10, 2025.
/s/ Robert C. Buchner 01/09/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Inuvo (INUV) report for Robert C. Buchner?

Inuvo reported that Chief Operating Officer and director Robert C. Buchner converted 3,000 restricted stock units into 3,000 shares of common stock on January 8, 2026.

How many Inuvo (INUV) shares does Robert C. Buchner own after this transaction?

After the reported transaction, Robert C. Buchner beneficially owns 3,000 shares of Inuvo common stock in direct ownership.

What was the price for the restricted stock unit conversion reported by Inuvo (INUV)?

The 3,000 restricted stock units converted into common stock at an exercise price of $0.0000 per share, meaning no cash payment was required for the conversion.

What does the restricted stock unit disclosure mean for Inuvo (INUV) shareholders?

Each restricted stock unit represented a contingent right to receive one share of Inuvo common stock, and 3,000 such units were settled into shares held directly by the company’s Chief Operating Officer.

How did Inuvo’s prior reverse stock split affect this Form 4 transaction?

The filing notes that the reported 3,000 restricted stock units and shares are adjusted for a 1-for-10 reverse stock split that occurred on June 10, 2025.

What roles does the reporting person in this Inuvo (INUV) Form 4 hold at the company?

The reporting person, Robert C. Buchner, serves as both a director and the Chief Operating Officer of Inuvo, Inc.