Fluent's top three insider shareholders as of September 09, 2026 are Phillip Md Et Al Frost (TenPercentOwner, 6.32Mn shares), Phillip Md Et Al Frost (TenPercentOwner, 4.38Mn shares), Ryan Schulke (Chief Strategy Officer, 4.15Mn shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Phillip Md Et Al Frost | TenPercentOwner | 0 | 6,318,439 | 6,318,439 | 34.7% | 12 Sep, 2025 |
| 2 | Ryan Schulke | Chief Strategy Officer | 4,153,794 | 0 | 4,153,794 | 22.8% | 25 Jun, 2026 |
| 3 | Matthew Conlin | Chief Customer Officer | 3,008,957 | 498,466 | 3,507,423 | 19.3% | 25 Jun, 2026 |
| 4 | Value Investment Corp. Global | TenPercentOwner | 0 | 3,219,166 | 3,219,166 | 17.7% | 26 Jun, 2026 |
| 5 | Donald Huntley Patrick | Chief Executive Officer | 558,792 | 0 | 558,792 | 3.1% | 25 Jun, 2026 |
| 6 | Kohn Barbara Shattuck | Director | 140,560 | 0 | 140,560 | 0.8% | 18 Jun, 2026 |
| 7 | Donald H Mathis | Director | 125,765 | 0 | 125,765 | 0.7% | 23 Jun, 2025 |
| 8 | David Allen Graff | Director | 120,438 | 0 | 120,438 | 0.7% | 18 Jun, 2026 |
| 9 | Sugandha Khandelwal | Chief Financial Officer | 30,445 | 0 | 30,445 | 0.2% | 20 Dec, 2022 |
| 10 | Ryan Macnab Perfit | Chief Financial Officer | 19,334 | 0 | 19,334 | 0.1% | 27 May, 2026 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 24 Jun, 2026 | James Geygan | Director, TenPercentOwner | Acquired M | 11,366 | $0.00 | $6 | 101,053 | Direct |
| 24 Jun, 2026 | Value Investment Corp. Global | TenPercentOwner | Acquired M | 78,425 | $0.00 | $39 | 3,219,175 | Indirect |
| 24 Jun, 2026 | Value Investment Corp. Global | TenPercentOwner | Disposed J | 9 | — | — | 3,219,166 | Indirect |
| 24 Jun, 2026 | James Geygan | Director, TenPercentOwner | Disposed J | 1 | — | — | 101,052 | Direct |
| 24 Jun, 2026 | James Geygan | Director, TenPercentOwner | Acquired M | 67,059 | $0.00 | $34 | 3,127,507 | Indirect |
| 24 Jun, 2026 | James Geygan | Director, TenPercentOwner | Disposed J | 8 | — | — | 3,127,499 | Indirect |
| 24 Jun, 2026 | Value Investment Corp. Global | TenPercentOwner | Disposed M | 78,425 | $0.00 | $0 | 0 | Indirect |
| 24 Jun, 2026 | James Geygan | Director, TenPercentOwner | Disposed M | 11,366 | $0.00 | $0 | 0 | Direct |
| 24 Jun, 2026 | James Geygan | Director, TenPercentOwner | Disposed M | 67,059 | $0.00 | $0 | 0 | Indirect |
| 23 Jun, 2026 | Ryan Schulke | Chief Strategy Officer | Acquired M | 227,324 | $0.00 | $114 | 3,725,319 | Direct |
| 23 Jun, 2026 | Donald Huntley Patrick | Chief Executive Officer | Acquired M | 12,502 | $0.00 | $6 | 544,509 | Direct |
| 23 Jun, 2026 | Matthew Conlin | Chief Customer Officer | Acquired M | 85,714 | $0.00 | $43 | 2,554,391 | Direct |
| 23 Jun, 2026 | Ryan Schulke | Chief Strategy Officer | Disposed J | 33 | — | — | 3,725,286 | Direct |
| 23 Jun, 2026 | Donald Huntley Patrick | Chief Executive Officer | Disposed J | 1 | $0.00 | $0 | 544,508 | Direct |
| 23 Jun, 2026 | Matthew Conlin | Chief Customer Officer | Disposed J | 12 | $0.00 | $0 | 2,554,379 | Direct |
| 23 Jun, 2026 | Ryan Schulke | Chief Strategy Officer | Acquired M | 428,571 | $0.00 | $214 | 4,153,857 | Direct |
| 23 Jun, 2026 | Donald Huntley Patrick | Chief Executive Officer | Acquired M | 14,286 | $0.00 | $7 | 558,794 | Direct |
| 25 Jun, 2026 | Matthew Conlin | Chief Customer Officer | Acquired M | 454,648 | $0.00 | $227 | 3,009,027 | Direct |
| 23 Jun, 2026 | Donald Huntley Patrick | Chief Executive Officer | Disposed J | 2 | $0.00 | $0 | 558,792 | Direct |
| 23 Jun, 2026 | Ryan Schulke | Chief Strategy Officer | Disposed J | 63 | — | — | 4,153,794 | Direct |