GEYGAN JAMES 4

What Happened
James Geygan, reported as a 10% owner of Fluent, Inc. (FLNT), acquired a total of 82,480 shares via open‑market purchases on March 12–13, 2026. The purchases were reported as: 17,207 shares at $3.49 ($59,980) on March 12; 65,148 shares at $3.47 ($226,142) on March 13; and 125 shares at $3.47 ($434) on March 13. These were purchases (P), which are generally interpreted as insider buying rather than selling.

Key Details

• Transaction dates & prices:
  • 2026-03-12: 17,207 shares @ $3.49 = $59,980
  • 2026-03-13: 65,148 shares @ $3.47 = $226,142
  • 2026-03-13: 125 shares @ $3.47 = $434
• Total: 82,480 shares for approximately $286,556.
• Shares owned after the transactions: Not specified in the Form 4 filing.
• Notable footnotes:
  • F1: Reported prices reflect a weighted average; the filer can provide per‑price quantities on request.
  • F2: Securities are held in one or more accounts managed indirectly by Global Value Investment Corporation (GVIC), which Geygan controls; GVIC serves as investment manager to separate accounts/partnerships, so these holdings may be deemed beneficially owned through that control.
• Filing timeliness: Report covers transactions on Mar 12–13 and was filed Mar 16, 2026 — the Form 4 appears timely (filed within required business‑day window).

Context

• This filing reflects purchases by a 10% owner via accounts managed by an entity he controls (GVIC), which differs from a CEO or employee trading directly. The F1 weighted average note means per‑trade price breaks can be requested for precise price allocation. As always, buying by insiders is factual information and should not be taken alone as a recommendation.