GLOBAL VALUE INVESTMENT CORP. - 16 Dec 2025 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
10%+ Owner
Signature
James P. Geygan, Chief Executive Officer
Issuer symbol
FLNT
Transactions as of
16 Dec 2025
Net transactions value
-$83,901
Form type
4
Filing time
18 Dec 2025, 16:30:16 UTC
Previous filing
26 Nov 2025
Next filing
22 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GLOBAL VALUE INVESTMENT CORP. 10%+ Owner 1433 N. WATER STREET, SUITE 400, MILWAUKEE James P. Geygan, Chief Executive Officer 18 Dec 2025 0001569866

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Other $52,883 -25,400 -0.83% $2.08 3,022,491 16 Dec 2025 By Global Value Investment Corporation F1, F2, F3, F4, F5
transaction FLNT Common Stock Other $31,018 -15,170 -0.5% $2.04 3,007,321 17 Dec 2025 By Global Value Investment Corporation F1, F2, F3, F4, F5
holding FLNT Common Stock 9,385 16 Dec 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FLNT Pre-Funded Warrants 78,425 16 Dec 2025 Common Stock 78,425 $0.000500 By Global Value Investment Corporation F5, F6, F7
holding FLNT Warrants 78,425 16 Dec 2025 Common Stock 78,425 $2.20 By Global Value Investment Corporation F5, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 16, 2025, and December 17, 2025, GVIC executed non-discretionary, unsolicited trades in a client account, at the sole direction of the account owner, for the purpose of tax management.
F2 The reported price represents a weighted average sale price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares sold at each separate price.
F3 In addition to Global Value Investment Corporation, a Delaware corporation, this Form 4 is being filed jointly by Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as Global Value Investment Corporation. Global Value Investment Corporation beneficially owns the shares of common stock, par value $0.0005 per share ("Common Stock"), of Fluent, Inc. reported on this Form 4.
F4 In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by Global Value Investment Corporation is reported herein. Common Stock reported as indirectly owned by Global Value Investment Corporation includes shares owned by Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.
F5 These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated persons/entities (collectively, "GVIC"). GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager and/or investment advisor to separately managed accounts, investment partnerships, and/or individuals. The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F6 The Pre-Funded Warrants will be exercisable after stockholder approval of the offering of the Pre-Funded Warrants.
F7 The Pre-Funded Warrants will terminate when exercised in full.
F8 The Warrants will be exercisable after stockholder approval of the offering of the Warrants.
F9 The Warrants will expire three years from the date of issuance.