Patrick Donald Huntley 4

What Happened

• Patrick Donald Huntley, CEO of Fluent, Inc. (FLNT), exercised pre‑funded warrants on June 23, 2026 and acquired a total of 26,788 common shares (12,502 + 14,286). The exercises were reported as cashless; the filing shows nominal reported consideration amounts ($6 and $7) and an exercise price of $0.00. The pre‑funded warrants were terminated upon exercise.

Key Details

• Transaction date: June 23, 2026; Form 4 filed: June 25, 2026 (timely filing).
• Transaction type: Exercise/conversion of derivative (code M) — pre‑funded warrants exercised on a cashless basis.
• Shares acquired: 26,788 common shares in total (12,502 and 14,286 in two exercises).
• Reported cash paid: $0.00 exercise price; small reported amounts of $6 and $7 associated with the two exercises.
• Other small entries: the filing also shows two "other" dispositions of 1 and 2 shares (code J) at $0.00; the filing does not provide further detail on those entries.
• Shares owned after the transaction: not specified in the provided filing summary.

Context

• Pre‑funded warrants were immediately exercisable after shareholder approval of the offering (approval obtained June 17, 2026) and were exercised in full on June 23, 2026. Because the exercises were cashless, Huntley did not pay cash to exercise the warrants and the warrants were terminated upon conversion to common stock. The filing reports no open‑market sale of the newly acquired shares.