Fluent (FLNT) 10% Owner Ryan Schulke Buys 2,823 Shares

What Happened Ryan Schulke, a reported 10% owner of Fluent, Inc. (FLNT), made an open-market purchase of 2,823 shares on 2026-09-04. The filing reports a weighted-average price of $3.08 per share for a total purchase value of about $8,684. This is a buy (purchase) transaction rather than a sale.

Key Details

• Transaction date: 2026-09-04 (open-market purchase, transaction code P)
• Price: weighted average $3.08; trades occurred across prices ranging $3.06–$3.14 (footnote F1)
• Shares acquired: 2,823; aggregate value ≈ $8,684
• Shares owned after transaction: not specified in the filing provided
• Filing date: 2026-09-09 — filed after the trade (appears to be late vs. the usual 2-business-day Form 4 deadline)
• Notable footnotes: F1 explains weighted-average price and multiple executions; F2–F5 indicate Schulke’s roles as co-trustee or trustee of several trusts (shared voting/dispositive power for the Schulke Inn Family Foundation Trust) and membership in RSMC Partners, LLC

Context The purchase is relatively small in dollar terms, so while purchases can be interpreted as a positive signal, this single modest open-market buy should be seen in context with other insider activity and the investor’s broader holdings. Several footnotes show the shares may be held through or subject to trustee/co-trustee arrangements rather than direct individual ownership. The filing date suggests the Form 4 was submitted after the standard 2-business-day reporting window.