Conlin Matthew 4

What Happened

• Matthew Conlin, reported as a 10% owner (Co-Trustee of the Conlin Family Trust and member of RSMC Partners, LLC), purchased 5,000 shares of Fluent, Inc. (FLNT) in an open-market/private purchase on 2026-06-01. The shares were acquired at $2.07 per share for a total of $10,350. This was a purchase (code P), which is generally viewed as a direct acquisition rather than a sale.

Key Details

• Transaction date and price: 2026-06-01 at $2.07 per share.
• Shares acquired: 5,000; total value: $10,350.
• Filing date: 2026-06-02 (timely relative to the reported transaction date).
• Shares owned after transaction: Not specified in the excerpt of the filing provided.
• Footnotes from the filing:
  • F1: Conlin is Co-Trustee of the Conlin Family Trust and shares voting/dispositive power over securities held by that trust.
  • F2: Conlin is a member of RSMC Partners, LLC.
  • F3: Conlin disclaims beneficial ownership of these securities and states this report is not an admission of ownership for Section 16 purposes.

Context

• As a reported 10% owner and co-trustee, this purchase reflects activity by a significant holder/trust interest rather than necessarily an executive's personal trading. Purchases by insiders or large holders can be informative, but the filing’s disclaimer (F3) and trustee status (F1) indicate shared or trust-level control rather than direct individual ownership. The filing appears timely (reported the next day).