Wallace D. Ruiz - 01 Mar 2024 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role: CFO
Signature: /s/ Wallace D. Ruiz
Issuer symbol: INUV
Transactions as of: 01 Mar 2024
Net transactions value: -$12,465
Form type: 4
Filing time: 05 Mar 2024, 17:29:39 UTC
Previous filing: 06 Feb 2024
Next filing: 03 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INUV	Common Stock	Award	$0	+58,334	+7.7%	$0.000000	819,207	01 Mar 2024	Direct
transaction	INUV	Common Stock	Tax liability	$12,465	-30,402	-3.7%	$0.4100	788,805	01 Mar 2024	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
transaction	INUV	Restricted Stock Unit	Award	$0	+300,000		$0.000000	300,000	01 Mar 2024	Common Stock	300,000		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
F2	The restricted stock units become vested 33.33% per year beginning on the first anniversary of the date of grant.