GLOBAL VALUE INVESTMENT CORP. 4
4 · Fluent, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Fluent (FLNT) 10% Owner Global Value Investment Buys Stock
What Happened
Global Value Investment Corp. (a reported 10% owner) made open-market purchases of Fluent, Inc. (FLNT) common stock: 17,207 shares on 2026-03-12 at $3.49/share ($59,980) and 65,148 shares on 2026-03-13 at $3.47/share ($226,142), totaling 82,355 shares for approximately $286,122. These transactions are purchases (commonly viewed as a more informative signal than routine sales), though no motive is stated.
Key Details
- Transaction dates & prices: Mar 12, 2026 — 17,207 shares @ $3.49 ($59,980); Mar 13, 2026 — 65,148 shares @ $3.47 ($226,142). Total ≈ $286,122.
- Shares owned after transaction: Not specified in the supplied filing excerpt.
- Filing timeliness: Report filed 2026-03-16; timely relative to the reported trade dates (no late filing indicated).
- Notable footnotes:
- F1: Reported price reflects a weighted-average purchase price; reporting person will provide breakdown on request.
- F2–F4: Shares are held in accounts managed indirectly by GVIC (and may be deemed beneficially owned because GVIC manages accounts); the filing is submitted jointly by GVIC and several named individuals who share GVIC’s business address. The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
- F5–F8: The filing also references Pre-Funded Warrants and Warrants (exercise subject to stockholder approval; termination/exercise/expiry terms noted).
Context
- GVIC is an institutional 10% owner managing client/separately managed accounts; these purchases reflect the activity of the investment manager’s accounts rather than necessarily an executive or director transaction.
- The filing is a straightforward purchase report (code P). No options, gifts, or tax-withholding mechanics are involved in the disclosed transactions.
Insider Transaction Report
Form 4
Fluent, Inc.FLNT
GLOBAL VALUE INVESTMENT CORP.
10% Owner
Transactions
- Purchase
Common Stock
[F1][F2][F3][F4]2026-03-12$3.49/sh+17,207$59,980→ 3,024,528 total(indirect: By Global Value Investment Corporation) - Purchase
Common Stock
[F1][F2][F3][F4]2026-03-13$3.47/sh+65,148$226,142→ 3,089,676 total(indirect: By Global Value Investment Corporation)
Holdings
- 9,385
Common Stock
- 78,425(indirect: By Global Value Investment Corporation)
Pre-Funded Warrants
[F5][F6][F2]Exercise: $0.00→ Common Stock (78,425 underlying) - 78,425(indirect: By Global Value Investment Corporation)
Warrants
[F7][F8][F2]Exercise: $2.20→ Common Stock (78,425 underlying)
Footnotes (8)
- [F1]The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.
- [F2]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.
- [F3]In addition to Global Value Investment Corp, a Delaware corporation ("GVIC"), 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 GVIC. GVIC 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 GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.
- [F5]The Pre-Funded Warrants will be exercisable after stockholder approval of the offering of the Pre-Funded Warrants.
- [F6]The Pre-Funded Warrants will terminate when exercised in full.
- [F7]The Warrants will be exercisable after stockholder approval of the offering of the Warrants.
- [F8]The Warrants will expire three years from the date of issuance.
Signature
James P. Geygan, Chief Executive Officer|2026-03-16