FLNT.NASDAQFluent, INC

Form 4: Fluent Inc. Executive Matthew Conlin Reports Acquisition of Shares and Beneficial Ownership Changes

Sentiment:

SEC Form 4 Filing


Matthew Conlin, Chief Customer Officer and Director at Fluent, Inc., reports acquiring shares and changes in beneficial ownership, including transactions made through various trusts and entities.

Summary

  • Matthew Conlin, a Director, 10% Owner, and Chief Customer Officer of Fluent, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On December 29, 2023, 429,000 shares of Common Stock were acquired at $0 and 429,000 shares were disposed of at $0.
  • On March 7, 2024, 10,000 shares of Common Stock were acquired at a weighted average price of $0.597, with prices ranging from $0.5891 to $0.5980.
  • Conlin's beneficial ownership includes shares held directly and indirectly through RSMC Partners, LLC, the Matthew Conlin 2022 Grantor Retained Annuity Trust, the 2017 Conlin Shakira Family Trust, and the Conlin Family Foundation Trust.
  • Following the reported transactions, Conlin beneficially owns 2,000,000 shares through RSMC Partners, LLC, 6,681,450 shares directly, 361,050 shares through the 2017 Conlin Shakira Family Trust, and 251,970 shares through the Conlin Family Foundation Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock ownership changes.

Positives

  • The reporting person acquired 10,000 shares indicating a potential positive outlook.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions.

Stakeholder Impact

  • Shareholders are informed about the trading activities of a key executive and significant shareholder.
  • The filing provides transparency regarding the ownership structure of Fluent, Inc.

Key Dates

DateDescription
12/29/2023Acquisition and disposal of 429,000 shares of Common Stock at $0.
03/07/2024Acquisition of 10,000 shares of Common Stock at a weighted average price of $0.597.

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