Schulke Ryan 4

What Happened

• Ryan Schulke, a 10% owner of Fluent, Inc. (FLNT), reported a purchase of 5,000 shares on 2026-06-01 at $2.07 per share, for a total cost of $10,350. The transaction is recorded as code P (open market or private purchase). This is a buy (acquisition) rather than a sale.

Key Details

• Transaction date: 2026-06-01; Filing date (Form 4): 2026-06-02 (timely filing).
• Price and amount: 5,000 shares at $2.07 per share — $10,350 total.
• Transaction code: P = Purchase (open market or private purchase).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes on the filing:
  • F1: Schulke is co-trustee of the Schulke Inn Family Foundation Trust and shares voting/dispositive power over those trust-held shares.
  • F2: Schulke is a member of RSMC Partners, LLC.
  • F3–F4: Schulke is trustee of two Ryan Schulke Grantor Retained Annuity Trusts (2020 and 2022).
• No indication of a 10b5‑1 trading plan, option exercise, gift, or tax withholding in the reported transaction.

Context

• As a 10% owner, Schulke is a significant shareholder; purchases by large holders can reflect trust or institutional buying rather than routine executive compensation moves. The purchase amount here ($10,350) is relatively small in dollar terms. The Form 4 was filed promptly the day after the trade.