Fluent, Inc.

SecurityFLNT / Fluent, Inc.
InsiderMatthew Conlin
This page shows the track record and history of Conlin Matthew insider trades in Fluent, Inc.. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Matthew Conlin in FLNT / Fluent, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2026-06-01 5,000 2.0700 5,000 2.0700 10,350 1 2.5400 2,350 22.71
2024-03-14 25,000 0.5486 4,167 3.2916 13,715
2024-03-12 10,000 0.6000 1,667 3.6000 6,000
2024-03-11 10,000 0.6000 1,667 3.6000 6,000
2024-03-08 10,000 0.6100 1,667 3.6600 6,100
2024-03-07 10,000 0.5970 1,667 3.5820 5,970
2023-12-14 5,000 0.5759 833 3.4554 2,880
2023-12-12 5,000 0.5088 833 3.0528 2,544
2023-12-08 4,500 0.5048 750 3.0288 2,272
2023-12-04 5,000 0.5172 833 3.1032 2,586
2023-11-29 3,700 0.5051 617 3.0306 1,869
2023-11-28 3,700 0.5096 617 3.0576 1,886
2023-11-27 3,700 0.5095 617 3.0570 1,885
2023-11-24 3,800 0.5098 633 3.0588 1,937
2023-11-22 5,000 0.5120 833 3.0720 2,560
2023-11-21 5,000 0.5277 833 3.1662 2,638
2023-11-20 10,000 0.5200 1,667 3.1200 5,200
2023-11-17 10,000 0.5200 1,667 3.1200 5,200
2023-05-19 40,000 0.6792 6,667 4.0752 27,168
2023-03-14 25,000 0.5486 4,167 3.2916 13,715
2023-03-12 10,000 0.6000 1,667 3.6000 6,000
2023-03-11 10,000 0.6000 1,667 3.6000 6,000
2023-03-08 10,000 0.6100 1,667 3.6600 6,100
2023-03-07 10,000 0.5970 1,667 3.5820 5,970
2023-03-06 10,000 0.5888 1,667 3.5328 5,888
2023-03-05 10,000 0.5278 1,667 3.1668 5,278
2023-03-04 10,000 0.5993 1,667 3.5958 5,993
2022-08-15 40,000 1.6953 6,667 10.1718 67,812
2022-06-14 7,500 1.2786 1,250 7.6716 9,590
2022-06-14 7,500 1.2786 1,250 7.6716 9,590
2022-03-14 10,000 1.8184 1,667 10.9104 18,184
2021-11-30 25,000 1.8556 4,167 11.1336 46,390
2020-08-14 8,129 2.5378 1,355 15.2268 20,630
2020-08-13 14,441 2.3219 2,407 13.9314 33,531
2020-05-18 2,195 1.7898 366 10.7388 3,929
2020-05-15 8,875 1.6686 1,479 10.0116 14,809
2020-05-14 8,880 1.6677 1,480 10.0062 14,809
2019-12-10 15,372 2.3759 2,562 14.2554 36,522
2019-12-06 2,808 2.0405 468 12.2430 5,730
2019-11-29 13,541 1.7090 2,257 10.2540 23,142
2019-09-05 25,000 2.8536 4,167 17.1216 71,340
2019-08-26 5,806 3.0020 968 18.0120 17,430
2019-08-23 19,194 2.9630 3,199 17.7780 56,872
2018-12-14 130,714 3.5000 21,786 21.0000 457,499
2018-09-12 19,544 2.0300 3,257 12.1800 39,674
2018-09-11 5,456 2.2100 909 13.2600 12,058
2018-08-30 4,933 2.3300 822 13.9800 11,494
2018-08-29 20,067 2.3000 3,344 13.8000 46,154
2018-08-14 10,000 2.4000 1,667 14.4000 24,000
2018-08-13 10,000 2.3800 1,667 14.2800 23,800
2018-06-14 100,000 2.5000 16,667 15.0000 250,000
2018-05-16 14,077 2.6050 2,346 15.6300 36,671
2018-05-15 21,000 2.4950 3,500 14.9700 52,395
2018-05-14 9,523 2.4230 1,587 14.5380 23,074
2018-05-11 5,400 2.4830 900 14.8980 13,408
2018-03-29 26,900 2.5100 26,900 2.5100 67,519
2018-03-28 13,100 2.6000 13,100 2.6000 34,060
2018-02-13 20,000 2.8100 20,000 2.8100 56,200
2017-01-23 100,000 3.1500 100,000 3.1500 315,000
2016-11-09 5,000 3.7300 5,000 3.7300 18,650
2016-11-08 5,000 4.0100 5,000 4.0100 20,050
2016-11-07 21,812 3.5100 21,812 3.5100 76,560
2016-06-01 5,000 4.8600 5,000 4.8600 24,300
2016-05-09 10,050 10,050
2016-02-16 20,000 5.0491 20,000 5.0491 100,982
2016-01-12 20,000 5.8467 20,000 5.8467 116,934

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

FLNT / Fluent, Inc. Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Matthew Conlin in FLNT / Fluent, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

FLNT / Fluent, Inc. Insider Trades
Insider Transaction History
File
Date
Trade
Date
Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price
Unit
Price
Units
Changed
Value
Changed (1K)
Remaining
Options
Remaining
Shares
2026-06-02 2026-06-01 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.0700 5,000 10 2,468,677
2025-07-03 2025-06-24 4 Conlin Matthew Held by the Conlin Family Foundation Trust FLNT Common Stock J - Other I 0.0005 -60 -0 441,331
2025-07-03 2025-06-24 4 Conlin Matthew Held by the Conlin Family Foundation Trust FLNT Common Stock M - Exercise I 0.0005 229,990 0 441,391
2025-07-03 2025-06-24 4 Conlin Matthew FLNT Common Stock J - Other D 0.0005 -184 -0 2,463,677
2025-07-03 2025-06-24 4 Conlin Matthew FLNT Common Stock M - Exercise D 0.0005 689,972 0 2,463,861
2025-07-03 2025-06-24 4 Conlin Matthew Held by the Conlin Family Foundation Trust FLNT Common Stock J - Other I 0.0005 -23 -0 211,401
2025-07-03 2025-06-24 4 Conlin Matthew Held by the Conlin Family Foundation Trust FLNT Common Stock M - Exercise I 0.0005 86,385 0 211,424
2025-07-03 2025-06-24 4 Conlin Matthew FLNT Common Stock J - Other D 0.0005 -46 -0 1,773,889
2025-07-03 2025-06-24 4 Conlin Matthew FLNT Common Stock M - Exercise D 0.0005 172,771 0 1,773,935
2025-04-21 2024-03-08 4/A Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.6100 10,000 6 261,970
2025-04-21 2024-03-12 4/A Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.6000 10,000 6 281,970
2025-04-21 2024-03-11 4/A Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.6000 10,000 6 271,970
2025-04-21 2024-03-14 4/A Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5486 25,000 14 306,970
2025-04-18 2024-03-07 4/A Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5970 10,000 6 251,970
2024-07-17 2024-07-17 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock M - Exercise I 0.0005 73,877 0 125,039
2024-07-17 2024-07-17 4 Conlin Matthew FLNT Common Stock M - Exercise D 0.0005 487,589 0 1,601,164
2024-03-14 2023-12-29 4 Conlin Matthew Held by Matthew Conlin 2022 Grantor Retained Annuity Trust FLNT Common Stock J - Other I -429,000 0
2024-03-14 2023-12-29 4 Conlin Matthew FLNT Common Stock J - Other D 429,000 6,681,450
2024-03-14 2023-03-14 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5486 25,000 14 306,970
2024-03-12 2023-12-29 4 Conlin Matthew Held by Matthew Conlin 2022 Grantor Retained Annuity Trust FLNT Common Stock J - Other I -429,000 0
2024-03-12 2023-12-29 4 Conlin Matthew FLNT Common Stock J - Other D 429,000 6,681,450
2024-03-12 2023-03-12 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.6000 10,000 6 281,970
2024-03-12 2023-03-11 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.6000 10,000 6 271,970
2024-03-11 2023-12-29 4 Conlin Matthew Held by Matthew Conlin 2022 Grantor Retained Annuity Trust FLNT Common Stock J - Other I -429,000 0
2024-03-11 2023-12-29 4 Conlin Matthew FLNT Common Stock J - Other D 429,000 6,681,450
2024-03-11 2023-03-08 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.6100 10,000 6 261,970
2024-03-07 2023-12-29 4 Conlin Matthew Held by Matthew Conlin 2022 Grantor Retained Annuity Trust FLNT Common Stock J - Other I -429,000 0
2024-03-07 2023-12-29 4 Conlin Matthew FLNT Common Stock J - Other D 429,000 6,681,450
2024-03-07 2023-03-07 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5970 10,000 6 251,970
2024-03-06 2023-12-29 4 Conlin Matthew Held by Matthew Conlin 2022 Grantor Retained Annuity Trust FLNT Common Stock J - Other I -429,000 0
2024-03-06 2023-12-29 4 Conlin Matthew FLNT Common Stock J - Other D 429,000 6,681,450
2024-03-06 2023-03-06 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5888 10,000 6 241,970
2024-03-06 2023-03-05 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5278 10,000 5 231,970
2024-03-06 2023-03-04 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5993 10,000 6 221,970
2023-12-18 2023-12-14 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5759 5,000 3 211,970
2023-12-14 2023-12-12 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5088 5,000 3 206,970
2023-12-12 2023-12-08 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5048 4,500 2 201,970
2023-12-07 2023-12-04 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5172 5,000 3 197,470
2023-11-30 2023-11-29 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5051 3,700 2 192,470
2023-11-30 2023-11-28 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5096 3,700 2 188,770
2023-11-27 2023-11-27 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5095 3,700 2 185,070
2023-11-27 2023-11-24 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5098 3,800 2 181,370
2023-11-27 2023-11-22 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5120 5,000 3 177,570
2023-11-21 2023-11-21 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5277 5,000 3 172,570
2023-11-21 2023-11-20 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5200 10,000 5 167,570
2023-11-21 2023-11-17 4 Conlin Matthew Held by Conlin Family Foundation Trust FLNT Common Stock P - Purchase I 0.5200 10,000 5 157,570
2023-05-30 2022-06-14 4/A Conlin Matthew FLNT Common Stock P - Purchase D 1.2786 7,500 10 5,449,216
2023-05-30 2022-04-21 4/A Conlin Matthew Held by the 2017 Conlin Shakira Family Trust FLNT Common Stock G - Gift I 250,000 250,000
2023-05-30 2022-04-21 4/A Conlin Matthew FLNT Common Stock G - Gift D -250,000 5,449,216
2023-05-30 2023-05-19 4 Conlin Matthew Held by Conlin Family Foundation Trust. FLNT Common Stock P - Purchase I 0.6792 40,000 27 147,570
2023-05-30 2023-03-09 4 Conlin Matthew Held by 2017 Conlin Shakira Family Trust. FLNT Common Stock G - Gift I 17,768 361,050
2023-05-30 2023-03-09 4 Conlin Matthew Held by Matthew Conlin 2020 A Grantor Retained Annuity Trust FLNT Common Stock G - Gift I -17,768 0
2023-05-30 2023-01-24 4 Conlin Matthew Held by 2017 Conlin Shakira Family Trust. FLNT Common Stock J - Other I 93,282 343,282
2023-05-30 2023-01-24 4 Conlin Matthew Held by Matthew Conlin 2020 B Grantor Retained Annuity Trust FLNT Common Stock J - Other I -93,282 0
2023-05-30 2022-11-18 4 Conlin Matthew Held by Matthew Conlin 2022 Grantor Retained Annuity Trust FLNT Common Stock J - Other I 429,000 429,000
2023-05-30 2022-11-18 4 Conlin Matthew FLNT Common Stock J - Other D -429,000 6,252,450
2023-05-30 2022-08-25 4 Conlin Matthew FLNT Common Stock J - Other D 463,877 6,681,450
2023-05-30 2022-08-25 4 Conlin Matthew Held by Matthew Conlin 2020 B Grantor Retained Annuity Trust. FLNT Common Stock J - Other I -463,877 93,282
2023-05-30 2022-08-25 4 Conlin Matthew FLNT Common Stock J - Other D 88,357 6,217,573
2023-05-30 2022-08-25 4 Conlin Matthew Held by Matthew Conlin 2020 A Grantor Retained Annuity Trust. FLNT Common Stock J - Other I -88,357 17,768
2022-08-17 2022-08-15 4 Conlin Matthew Held by Conlin Family Foundation Trust, in which the Reporting Person serves as co-trustee. FLNT Common Stock P - Purchase I 1.6953 40,000 68 357,570
2022-06-16 2022-06-14 4 Conlin Matthew FLNT Common Stock P - Purchase D 1.2786 7,500 10 5,499,216
2022-03-15 2022-03-14 4 Conlin Matthew FLNT Common Stock P - Purchase D 1.8184 10,000 18 5,691,716
2021-12-01 2021-11-30 4 Conlin Matthew FLNT Common Stock P - Purchase D 1.8556 25,000 46 5,681,716
2021-05-17 2021-05-13 4 Conlin Matthew FLNT Common Stock A - Award D 2.7200 20,000 54 5,320,000
2021-04-05 2021-03-31 4 Conlin Matthew FLNT Common Stock F - Taxes D 4.0577 -60,800 -247 5,300,000
2020-08-17 2020-08-14 4 Conlin Matthew Held by Conlin Family Foundation Trust, in which the Reporting Person serves as co-trustee. FLNT Common Stock P - Purchase I 2.5378 8,129 21 67,570
2020-08-17 2020-08-13 4 Conlin Matthew Held by Conlin Family Foundation Trust, in which the Reporting Person serves as co-trustee. FLNT Common Stock P - Purchase I 2.3219 14,441 34 59,441
2020-05-18 2020-05-18 4 Conlin Matthew FLNT Common Stock P - Purchase D 1.7898 2,195 4 6,040,800
2020-05-18 2020-05-15 4 Conlin Matthew FLNT Common Stock P - Purchase D 1.6686 8,875 15 6,038,605
2020-05-18 2020-05-14 4 Conlin Matthew FLNT Common Stock P - Purchase D 1.6677 8,880 15 6,029,730
2019-12-11 2019-12-10 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.3759 15,372 37 6,020,850
2019-12-09 2019-12-06 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.0405 2,808 6 6,005,478
2019-12-03 2019-11-29 4 Conlin Matthew FLNT Common Stock P - Purchase D 1.7090 13,541 23 6,002,670
2019-09-06 2019-09-05 4 Conlin Matthew Held by Conlin Family Foundation Trust, in which the Reporting Person serves as co-trustee. FLNT Common Stock P - Purchase I 2.8536 25,000 71 45,000
2019-08-26 2019-08-26 4 Conlin Matthew FLNT Common Stock P - Purchase D 3.0020 5,806 17 5,325,229
2019-08-26 2019-08-23 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.9630 19,194 57 5,319,423
2019-04-24 2019-04-24 4 Conlin Matthew FLNT Common Stock F - Taxes D 6.3700 -61,605 -392 5,300,229
2018-12-17 2018-12-14 4 Conlin Matthew FLNT Common Stock P - Purchase D 3.5000 130,714 457 5,201,834
2018-09-13 2018-09-12 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.0300 19,544 40 4,657,980
2018-09-13 2018-09-11 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.2100 5,456 12 4,638,436
2018-08-31 2018-08-30 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.3300 4,933 11 4,632,980
2018-08-31 2018-08-29 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.3000 20,067 46 4,628,047
2018-08-15 2018-08-14 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.4000 10,000 24 4,607,980
2018-08-15 2018-08-13 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.3800 10,000 24 4,597,980
2018-06-18 2018-06-14 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.5000 100,000 250 4,587,980
2018-05-17 2018-05-16 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.6050 14,077 37 4,487,980
2018-05-17 2018-05-15 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.4950 21,000 52 4,473,903
2018-05-17 2018-05-14 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.4230 9,523 23 4,452,903
2018-05-15 2018-05-11 4 Conlin Matthew FLNT Common Stock P - Purchase D 2.4830 5,400 13 4,443,380
2018-03-29 2018-03-29 4 Conlin Matthew COGT Common Stock P - Purchase D 2.5100 26,900 68 4,437,980
2018-03-29 2018-03-28 4 Conlin Matthew COGT Common Stock P - Purchase D 2.6000 13,100 34 4,411,080
2018-03-29 2018-03-27 4 Conlin Matthew COGT Common Stock A - Award D 480,000 480,000
2018-03-29 2018-03-20 4 Conlin Matthew COGT Common Stock A - Award D 80,000 80,000
2018-02-14 2018-02-13 4 Conlin Matthew COGT Common Stock P - Purchase D 2.8100 20,000 56 4,397,980
2017-04-17 2017-04-13 4 Conlin Matthew COGT Common Stock A - Award D 50,000 50,000
2017-01-24 2017-01-23 4 Conlin Matthew COGT Common Stock P - Purchase D 3.1500 100,000 315 5,455,020
2016-12-02 2016-11-30 4 Conlin Matthew COGT Common Stock A - Award D 2,958 2,958
2016-11-10 2016-11-09 4 Conlin Matthew COGT Common Stock P - Purchase D 3.7300 5,000 19 5,352,062
2016-11-09 2016-11-08 4 Conlin Matthew COGT Common Stock P - Purchase D 4.0100 5,000 20 5,347,062
2016-11-08 2016-11-07 4 Conlin Matthew COGT Common Stock P - Purchase D 3.5100 21,812 77 5,342,062
2016-06-03 2016-06-01 4 Conlin Matthew IDI Common Stock A - Award D 550,000 550,000
2016-06-02 2016-06-01 4 Conlin Matthew IDI Common Stock P - Purchase D 4.8600 5,000 24 5,320,250
2016-05-10 2016-05-09 4 Conlin Matthew IDI Common Stock P - Purchase D 10,050 5,315,250
2016-02-24 2016-02-22 4 Conlin Matthew Held by RSMC Partners, LLC of which the reporting person is a member. IDI Series B Non-Voting Convertible Preferred Stock J - Other I -40,000 0
2016-02-24 2016-02-22 4 Conlin Matthew IDI Series B Non-Voting Convertible Preferred Stock C - Conversion D -105,704 0
2016-02-24 2016-02-22 4 Conlin Matthew Held by RSMC Partners, LLC of which the reporting person is a member. IDI Common Stock J - Other I 2,000,000 2,000,000
2016-02-24 2016-02-22 4 Conlin Matthew IDI Common Stock C - Conversion D 5,285,200 5,305,200
2016-02-24 2016-01-20 4 Conlin Matthew Held by RSMC Partners, LLC of which the reporting person is a member. IDI Series B Non-Voting Convertible Preferred Stock J - Other I 40,000 40,000
2016-02-17 2016-02-16 4 Conlin Matthew IDI Common Stock P - Purchase D 5.0491 20,000 101 20,000
2016-01-13 2016-01-12 4 Conlin Matthew Held by Conlin Family Foundation Trust in which the Reporting Person serves as co-trustee. IDI Common Stock P - Purchase I 5.8467 20,000 117 20,000
P
Compra de mercado aberto ou privada de ativo não-derivativo ou derivativo
S
Venda de mercado aberto ou privada de ativo não-derivativo ou derivativo
A
Concessão, premiação, ou outra aquisição de ativos da empresa (como uma opção)
C
Conversão de derivativo
D
Venda ou transferência de ativos de volta para a empresa
F
Pagamento do preço de exercício ou responsabilidade fiscal utilizando parte dos ativos recebidos da empresa
G
Doação de ativos pelo ou para o insider
K
Swaps de capital e transações de hedge similares
M
Exercício ou conversão de ativo derivativo recebido da empresa (como uma opção)
V
Uma transação voluntariamente reportada no Formulário 4
J
Outro (acompanhado de uma nota explicativa descrevendo a transação)