Fluent's three largest insider shareholders as of April 28, 2026 are Phillip Md Et Al Frost (TenPercentOwner, 18.83Mn shares), Phillip Md Et Al Frost (TenPercentOwner, 6.32Mn shares), Phillip Md Et Al Frost (TenPercentOwner, 4.38Mn shares).
| Holder | Position | Shares (Direct) | Shares (Indirect) | Report Date |
|---|---|---|---|---|
| Phillip Md Et Al Frost | - | 0 | 18,834,874 | 21 Sep, 2023 |
| Phillip Md Et Al Frost | - | 0 | 6,318,439 | 12 Sep, 2025 |
| Phillip Md Et Al Frost | - | 0 | 4,378,056 | 11 Dec, 2024 |
| Ryan Schulke | Chief Strategy Officer | 3,752,082 | 332,957 | 03 Jul, 2025 |
| Value Investment Corp. Global | - | 0 | 3,089,676 | 16 Mar, 2026 |
| Value Investment Corp. Global | - | 0 | 3,066,403 | 22 Jan, 2025 |
| Matthew Conlin | Chief Customer Officer | 2,463,677 | 441,331 | 03 Jul, 2025 |
| Ryan Schulke | Chief Strategy Officer | 0 | 600,159 | 14 Mar, 2024 |
| Matthew Conlin | Chief Customer Officer | 0 | 357,570 | 17 Aug, 2022 |
| Donald Huntley Patrick | Chief Executive Officer | 331,680 | 0 | 03 Jul, 2025 |
| Ryan Schulke | Chief Strategy Officer | 0 | 272,500 | 23 May, 2023 |
| Donald H Mathis | - | 125,765 | 0 | 23 Jun, 2025 |
| Matthew Conlin | Chief Customer Officer | 0 | 125,039 | 17 Jul, 2024 |
| Kohn Barbara Shattuck | - | 110,461 | 0 | 23 Jun, 2025 |
| Ryan Schulke | Chief Strategy Officer | 0 | 103,027 | 18 Jun, 2024 |
| David Allen Graff | - | 90,341 | 0 | 23 Jun, 2025 |
| Richard C Jr Pfenniger | - | 90,341 | 0 | 23 Jun, 2025 |
| Ryan Macnab Perfit | Chief Financial Officer | 66,934 | 0 | 15 Sep, 2025 |
| Sugandha Khandelwal | Chief Financial Officer | 30,445 | 0 | 20 Dec, 2022 |
* 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 |
|---|---|---|---|---|---|---|---|---|
| 12 Mar, 2026 | Value Investment Corp. Global | Common Stock | A | 17,207 | $3.49 | 3,024,528 | I | P |
| 13 Mar, 2026 | Value Investment Corp. Global | Common Stock | A | 65,148 | $3.47 | 3,089,676 | I | P |
| 16 Dec, 2025 | Value Investment Corp. Global | Common Stock | D | 25,400 | $2.08 | 3,022,491 | I | J |
| 17 Dec, 2025 | Value Investment Corp. Global | Common Stock | D | 15,170 | $2.04 | 3,007,321 | I | J |
| 24 Nov, 2025 | Value Investment Corp. Global | Common Stock | D | 26,250 | $0.00 | 3,068,516 | I | J |
| 24 Nov, 2025 | Value Investment Corp. Global | Common Stock | D | 20,625 | $1.74 | 3,047,891 | I | J |
| 09 Sep, 2025 | Ryan Macnab Perfit | Common Stock | D | 3,662 | $2.05 | 66,934 | D | S |
| 04 Sep, 2025 | Phillip Md Et Al Frost | Common Stock | A | 571,429 | $0.00 | 6,318,439 | I | J |
| 04 Sep, 2025 | Phillip Md Et Al Frost | Common Stock | A | 571,429 | $0.00 | 7,294,403 | I | J |
| 04 Sep, 2025 | Phillip Md Et Al Frost | Pre-Funded Warrants | D | 571,429 | $1.75 | 0 | I | D |
| 19 Aug, 2025 | Donald Huntley Patrick | Pre-Funded Warrant | A | 14,286 | $0.00 | 14,286 | D | A |
| 19 Aug, 2025 | Phillip Md Et Al Frost | Pre-Funded Warrants | A | 571,429 | $1.75 | 571,429 | I | A |
| 19 Aug, 2025 | Matthew Conlin | Pre-Funded Warrant | A | 85,714 | $0.00 | 85,714 | D | A |
| 19 Aug, 2025 | Ryan Schulke | Pre-Funded Warrants | A | 428,571 | $0.00 | 428,571 | D | A |
| 19 Aug, 2025 | Phillip Md Et Al Frost | Warrants | A | 571,429 | $0.00 | 571,429 | I | A |
| 19 Aug, 2025 | Ryan Schulke | Warrants | A | 428,571 | $0.00 | 428,571 | D | A |
| 19 Aug, 2025 | Matthew Conlin | Warrant | A | 85,714 | $0.00 | 85,714 | D | A |
| 19 Aug, 2025 | Donald Huntley Patrick | Warrant | A | 14,286 | $0.00 | 14,286 | D | A |
| 19 Aug, 2025 | Matthew Conlin | Pre-Funded Warrant | A | 57,143 | $0.00 | 57,143 | I | A |
| 19 Aug, 2025 | Matthew Conlin | Warrant | A | 57,143 | $0.00 | 57,143 | I | A |