secwatch.observer — SEC 8-K summary
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Issuer:     Fluent, Inc. (FLNT)
CIK:        0001460329
Form:       8-K
Filed at:   2024-09-11T23:59:59+00:00
Accession:  0001437749-24-028948
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluent appoints Ryan Perfit as permanent CFO; salary $376,723 plus bonuses and equity
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- Ryan Perfit appointed CFO effective September 1, 2024; served as interim CFO since February 1, 2023.
- Annual base salary of $376,723 with bonus potential up to 100% of salary tied to AEBITDA and gross profit targets.
- Initial equity: 25,000 RSUs vesting over 3 years; option for 120,000 shares with performance vesting at 3x and 5x stock price hurdles.
- Employment agreement runs through August 31, 2025 with auto-renewal; termination provisions include severance up to 12 months' salary.
- Press release notes Perfit helped negotiate a $50M debt facility and navigate an FTC settlement during interim tenure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1460329/000143774924028948/0001437749-24-028948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1460329/000143774924028948/flnt20240911_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-028948

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