Phunware (PHUN) director Han Elliot Jin receives 84,651 RSU stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Han Elliot Jin reported acquisition or exercise transactions in this Form 4 filing.
Phunware director Han Elliot Jin received a stock grant from the company. On April 3, 2026, Jin was awarded 84,651 restricted stock units, each representing the right to receive one share of Phunware common stock. The award was made under the company’s Outside Director Compensation Policy for services rendered in 2025 and vests immediately. After this grant, Jin directly holds 109,670 shares of Phunware common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Han Elliot Jin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 84,651 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 109,670 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 84,651 units
Grant price: $0.00 per share
Shares held after grant: 109,670 shares
+2 more
5 metrics
RSU grant size
84,651 units
Restricted stock units granted on April 3, 2026
Grant price
$0.00 per share
Equity compensation, not open-market purchase
Shares held after grant
109,670 shares
Common stock directly owned after April 3, 2026 award
Vesting timing
Immediate vesting
RSUs vest immediately upon grant on April 3, 2026
Service period
2025
RSU grant made for services rendered in 2025
Key Terms
restricted stock units, Outside Director Compensation Policy, contingent right, vest immediately
4 terms
restricted stock units financial
"the Reporting Person was granted the number of restricted stock units ("RSUs") in Table I"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Outside Director Compensation Policy financial
"The RSUs were granted pursuant to the Issuer's Outside Director Compensation Policy"
contingent right financial
"each of which represents a contingent right to receive one share"
vest immediately financial
"The RSUs vest immediately."
FAQ
What did Phunware (PHUN) director Han Elliot Jin report in this Form 4?
Han Elliot Jin reported receiving a grant of 84,651 restricted stock units from Phunware. Each unit represents the right to receive one share of common stock, awarded under the Outside Director Compensation Policy for services rendered in 2025 and vesting immediately.
Was the Phunware (PHUN) Form 4 transaction an open-market buy or sale?
The Form 4 shows a grant of shares as compensation, not an open-market trade. The 84,651 restricted stock units were awarded at a price of $0.00 per share, consistent with stock-based compensation rather than a purchase or sale on the open market.
Why did Phunware grant 84,651 RSUs to director Han Elliot Jin?
Phunware granted 84,651 restricted stock units to Han Elliot Jin under its Outside Director Compensation Policy. The filing states the award compensates services rendered in 2025, aligning director pay with company equity and vesting immediately into common stock on April 3, 2026.
Do the RSUs granted to Han Elliot Jin vest over time or immediately?
The restricted stock units granted to Han Elliot Jin vest immediately. According to the filing footnote, each RSU represents a contingent right to receive one share of Phunware common stock, and the entire 84,651-unit award became fully vested on April 3, 2026.