Form 4: Phillip Frost Reports Significant Transactions in Fluent, Inc. (FLNT) Stock and Warrants

Phillip Frost and Frost Gamma Investments Trust report acquisition and disposition of Fluent, Inc. common stock and warrants on May 19, 2025.

Summary

• On May 19, 2025, Phillip Frost and Frost Gamma Investments Trust engaged in transactions involving Fluent, Inc. (FLNT) common stock and warrants.
• Frost Gamma Investments Trust acquired 909,297 shares of common stock at $0.0005 per share.
• Frost Gamma Investments Trust disposed of 212 shares of common stock at $2.13 per share.
• Frost Gamma Investments Trust also acquired and disposed of 909,297 Pre-Funded Warrants at $0.0005 and $0.00 respectively.
• Additionally, Frost Gamma Investments Trust acquired 909,297 warrants at $2.2.
• Following these transactions, Frost Gamma Investments Trust beneficially owns 5,747,010 shares of common stock and 909,297 warrants.
• The reporting persons disclaim beneficial ownership of these securities, except to the extent of any pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing transactions. It doesn't convey strong positive or negative sentiment.

Management Comments

• The reporting persons disclaim beneficial ownership of these securities, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that any reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Industry Context

This filing is a routine disclosure of transactions by a significant shareholder, Phillip Frost, and his affiliated trust. Such filings are common and provide transparency to the market regarding insider activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and large shareholders in publicly traded companies.
• The transactions reported are typical of investment adjustments and do not necessarily indicate a change in the long-term outlook for Fluent, Inc.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership reported.
• The filing ensures transparency for all stakeholders regarding insider trading activities.

Key Dates

Keywords

Form 4, Beneficial Ownership, Phillip Frost, Frost Gamma Investments Trust, Fluent, Inc., FLNT, Common Stock, Warrants, Transactions