Perfit Ryan MacNab 4/A

What Happened

Ryan MacNab, CFO of Fluent, Inc. (FLNT), was granted 25,000 restricted stock units (RSUs) on September 9, 2024. The award was reported at $0.00 (no cash paid) and the filing treats this as an award/grant (transaction code A). Following the grant, the amended filing reports that MacNab owned 32,600 shares of common stock (see correction note below). The RSUs vest in three equal annual installments, with the first tranche vesting on September 1, 2025.

Key Details

• Transaction date: 2024-09-09 (award/grant)
• Transaction type/code: RSU Award (A)
• Shares granted: 25,000 RSUs
• Price reported: $0.00 (no cash paid)
• Vesting: Three equal annual installments; first vesting on Sept 1, 2025 (Footnote F1)
• Shares owned after transaction: 32,600 common shares (as corrected) (Footnote F2)
• Filing status: This is an AMENDED Form 4 filed 2026-06-12 to correct prior reported holdings
• Correction reason: Original Form 4 (filed 2024-09-11) inadvertently reported post-grant holdings as 70,596 shares and did not reflect the issuer’s 1-for-6 reverse stock split effective April 11, 2024 (Footnote F2)

Context

RSUs are a compensation award that convert to actual shares only as they vest; they are not an open-market purchase or sale. Awards like this are routine for executives and do not by themselves indicate an immediate buying or selling signal. Note the filing was amended long after the grant to correct the ownership total following a prior reverse split—this is a timeliness/accuracy correction rather than a change to the original grant details.