Phunware (PHUN) legal chief disposes 519 shares for tax withholding

Rhea-AI Filing Summary

Phunware, Inc.'s Chief Legal Officer Christopher D. Olive reported a tax-withholding disposition of 519 shares of common stock on August 4, 2026. The shares were surrendered to cover taxes under the 2018 Equity Incentive Plan at a weighted average price of $2.1198 per share, with sales between $2.11 and $2.12. Following this transaction, he directly holds 13,027 shares of Phunware common stock.

Insider Trade Summary

Net Seller: 519 shares

Net Sell 1 txn

Insider Olive Christopher D.

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	519	$2.1198	$1K

Holdings After Transaction: Common Stock — 13,027 shares (Direct)

Footnotes (2)

1. F1. Represents shares surrendered by the Reporting Person for withholding of taxes pursuant to the terms of the Issuer's 2018 Equity Incentive Plan.
2. F2. The price reported in Table I, Box 4 is a weighted average price. The shares were sold in multiple transactions with prices ranging from $2.11 to $2.12. The Reporting Person undertakes to provide Phunware, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

Key Figures

Shares disposed: 519 shares Weighted average price: $2.1198 per share Price range: $2.11–$2.12 per share +1 more

4 metrics

Shares disposed 519 shares Shares surrendered for tax withholding on August 4, 2026

Weighted average price $2.1198 per share Average price for the tax-withholding disposition of 519 shares

Price range $2.11–$2.12 per share Range of prices for multiple sale transactions used in tax withholding

Shares held after transaction 13,027 shares Directly owned Phunware common stock following the tax-withholding disposition

Key Terms

weighted average price, 2018 Equity Incentive Plan, withholding of taxes, tax liability

4 terms

weighted average price financial

"The price reported in Table I, Box 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

2018 Equity Incentive Plan financial

"withholding of taxes pursuant to the terms of the Issuer's 2018 Equity Incentive Plan"

withholding of taxes financial

"Represents shares surrendered by the Reporting Person for withholding of taxes"

tax liability financial

"Payment of tax liability by delivering or withholding securities"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 09:09 PM Accepted by SEC EDGAR 08/04/2026 - 09:09 PM Learn about SEC filing dates

FAQ

What transaction did Phunware (PHUN) insider Christopher D. Olive report?

Christopher D. Olive reported a tax-withholding disposition of 519 common shares. The shares were surrendered on August 4, 2026 to cover taxes under Phunware's 2018 Equity Incentive Plan at a weighted average price of $2.1198 per share.

How many Phunware (PHUN) shares does Christopher D. Olive now hold?

After the reported tax-withholding transaction, Christopher D. Olive directly holds 13,027 shares of Phunware common stock. This reflects his remaining ownership following the surrender of 519 shares used to satisfy tax obligations related to equity compensation.

What price range applied to the Phunware (PHUN) insider share disposition?

The shares involved in the transaction were sold in multiple trades at prices ranging from $2.11 to $2.12 per share. The reported figure of $2.1198 is a weighted average price across those individual sale transactions.

Was the Phunware (PHUN) insider transaction made under a Rule 10b5-1 trading plan?

The transaction was not affirmatively reported as made under a Rule 10b5-1 plan, as the related checkbox was not marked. The report instead characterizes the event as a tax-withholding disposition tied to equity compensation.

Why were Phunware (PHUN) shares surrendered by Christopher D. Olive?

The 519 shares were surrendered to satisfy withholding of taxes arising from equity awards under Phunware's 2018 Equity Incentive Plan. This method uses shares instead of cash to cover the tax liability associated with vesting or settlement.

What type of security was involved in the Phunware (PHUN) insider transaction?

The transaction involved Phunware common stock. A total of 519 common shares were disposed of as part of a tax-withholding process, leaving Christopher D. Olive with 13,027 common shares held directly afterward.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Olive Christopher D.

(Last) (First) (Middle)

1002 WEST AVENUE

(Street)

AUSTIN TEXAS 78701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Phunware, Inc. [ PHUN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/04/2026		F		519(1)	D	$2.1198(2)	13,027	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares surrendered by the Reporting Person for withholding of taxes pursuant to the terms of the Issuer's 2018 Equity Incentive Plan.

2. The price reported in Table I, Box 4 is a weighted average price. The shares were sold in multiple transactions with prices ranging from $2.11 to $2.12. The Reporting Person undertakes to provide Phunware, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

	/s/ J. Brendhan Botkin, Attorney-in-Fact	08/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)