Corporate GovernanceApr 30, 2026, 05:22 PM
FLNT Amends 2025 10-K/A; Discloses Delinquent Insider Trading Reports
AI Summary
Fluent, Inc. filed an Amendment No. 1 to its 2025 Form 10-K to include previously omitted information for Part III and Part IV, covering directors, executive officers, corporate governance, and compensation. The amendment also adds new Sarbanes-Oxley certifications. The filing disclosed that several directors and executive officers, including James Geygan, Donald Patrick, Ryan Schulke, and Matthew Conlin, failed to report multiple transactions on time under Section 16(a) of the Exchange Act. The company also detailed executive and director compensation for 2025 and 2024, and a transition to a Pooled Employer Plan for its 401(k) in September 2025.
Key Highlights
- Amendment to 2025 Form 10-K/A includes omitted Part III and Part IV information.
- New Sarbanes-Oxley Act Section 302 certifications added.
- Multiple directors and executive officers had delinquent Section 16(a) reports.
- CEO Donald Patrick's 2025 total compensation was $1,509,212.
- CFO Ryan Perfit's 2025 total compensation was $940,447.
- Non-employee directors received $75,000 in RSU awards in 2025.
- Company transitioned to a Pooled Employer Plan for its 401(k) in September 2025.
- CEO Patrick's salary reduced by 20% to $301,378 effective April 1, 2023.