As of April 22, 2026, the three largest insider holders of AREN are Eric Semler (Director, 20.73Mn shares), Inventions, Llc Simplify (TenPercentOwner, 16.07Mn shares), Herbert Hunt Allred (Director, 3.04Mn shares).
| Holder | Position | Shares (Direct) | Shares (Indirect) | Report Date |
|---|---|---|---|---|
| Eric Semler | - | 16,549 | 20,714,286 | 09 Jul, 2021 |
| Inventions, Llc Simplify | - | 16,067,791 | 0 | 16 Feb, 2024 |
| Herbert Hunt Allred | - | 0 | 3,039,605 | 24 Nov, 2021 |
| Cavitt Randall | Chief Executive Officer | 301,440 | 0 | 03 Jun, 2025 |
| Ross Levinsohn | Chief Executive Officer | 289,314 | 0 | 14 Aug, 2023 |
| Henry Robertson Barrett | President, Media | 145,302 | 0 | 06 Nov, 2023 |
| Avi Zimak | Chief Revenue Officer | 121,012 | 0 | 28 Apr, 2023 |
| Douglas Baker Smith | Chief Financial Officer | 86,569 | 0 | 28 Jun, 2024 |
| Herbert Hunt Allred | - | 77,471 | 0 | 03 Jun, 2025 |
| Carlo Zola | - | 72,329 | 0 | 19 Nov, 2021 |
| Laura Anne Lee | - | 62,500 | 0 | 19 Nov, 2021 |
| Sara Silverstein | Chief Executive Officer | 59,879 | 0 | 29 Aug, 2024 |
| Carlo Zola | - | 54,577 | 0 | 01 Mar, 2024 |
| Christopher Fowler | - | 51,738 | 0 | 01 Mar, 2024 |
| Douglas Baker Smith | Chief Financial Officer | 50,000 | 0 | 23 Nov, 2021 |
| Andrew Q. Kraft | Chief Operating Officer | 48,305 | 0 | 03 Oct, 2022 |
| Christopher Petzel | - | 31,250 | 0 | 19 Nov, 2021 |
| Jill Marchisotto | Chief Marketing Officer | 30,237 | 0 | 03 Oct, 2022 |
| Andrew Q. Kraft | Chief Operating Officer | 20,000 | 0 | 23 Nov, 2021 |
| Lynn Marie Petersmarck | - | 10,482 | 0 | 03 Jun, 2025 |
| Paul Taylor Edmondson | Chief Executive Officer | 4,914 | 0 | 28 Jul, 2025 |
| Todd D. Sims | - | 743 | 0 | 05 Dec, 2023 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 24 Jul, 2025 | Paul Taylor Edmondson | Common Stock | D | 672 | $6.07 | 4,914 | D | F |
| 30 May, 2025 | Herbert Hunt Allred | Common Stock | A | 10,482 | $0.00 | 77,471 | D | A |
| 30 May, 2025 | Lynn Marie Petersmarck | Common Stock | A | 10,482 | $0.00 | 10,482 | D | A |
| 30 May, 2025 | Cavitt Randall | Common Stock | A | 10,482 | $0.00 | 301,440 | D | A |
| 07 May, 2025 | Paul Taylor Edmondson | Common Stock | D | 858 | $5.10 | 5,586 | D | F |
| 03 Mar, 2025 | Paul Taylor Edmondson | Employee stock option (right to buy) | A | 400,000 | $0.00 | 400,000 | D | A |
| 12 Feb, 2025 | Laura Anne Lee | Common Stock | D | 55,780 | $1.40 | 0 | D | S |
| 12 Feb, 2025 | Cavitt Randall | Common Stock | A | 55,780 | $1.40 | 290,958 | D | P |
| 03 Feb, 2025 | Christopher Petzel | Common Stock | D | 25,010 | $1.35 | 0 | D | S |
| 03 Feb, 2025 | Cavitt Randall | Common Stock | A | 25,010 | $1.35 | 235,178 | D | P |
| 30 Jan, 2025 | Paul Taylor Edmondson | Common Stock | D | 781 | $1.26 | 6,444 | D | F |
| 17 Jan, 2025 | Cavitt Randall | Common Stock | A | 25,000 | $1.23 | 210,168 | D | P |
| 17 Jan, 2025 | Christopher Petzel | Common Stock | D | 25,000 | $1.23 | 25,010 | D | S |
| 05 Dec, 2024 | Paul Taylor Edmondson | Common Stock | D | 1,109 | $1.46 | 7,225 | D | F |
| 30 Aug, 2024 | Cavitt Randall | Common Stock | A | 10,357 | $0.90 | 185,168 | D | A |
| 28 Aug, 2024 | Sara Silverstein | Common Stock | A | 42,074 | $0.85 | 59,879 | D | A |
| 28 Aug, 2024 | Paul Taylor Edmondson | Common Stock | D | 84,148 | $0.85 | 8,334 | D | S |
| 28 Aug, 2024 | Cavitt Randall | Common Stock | A | 42,074 | $0.85 | 174,811 | D | A |
| 26 Aug, 2024 | Sara Silverstein | Common Stock | A | 17,805 | $0.83 | 17,805 | D | A |
| 23 Aug, 2024 | Cavitt Randall | Common Stock | A | 17,806 | $0.83 | 132,737 | D | A |