Phunware (PHUN) VP Accounting John Botkin Withholds 414 Shares for Taxes

What Happened
John Brendhan Botkin, Vice President of Accounting at Phunware, surrendered 414 shares on August 4, 2026 to satisfy tax withholding obligations related to equity awards. The transaction is reported as a disposition (code F) at a weighted average price of $2.12 per share for proceeds of approximately $877. This is a tax-withholding action (routine) rather than an open-market sale intended as an investment decision.

Key Details

• Transaction date: 2026-08-04.
• Shares surrendered/disposed: 414 shares; reported weighted average price $2.12; prices in multiple trades ranged from $2.0901 to $2.12 (per footnote).
• Reported proceeds: ~$877.
• Footnotes: F1 — shares were surrendered for tax withholding under the Issuer’s 2018 Equity Incentive Plan. F2 — weighted average price reported; reporting person can provide breakdown of prices on request.
• Shares owned after transaction: Not disclosed in this Form 4.
• Timeliness: Filed for the transaction date shown; no late filing flag indicated.

Context
This was a tax-withholding disposition (code F) tied to equity compensation, not an open-market sale signaling a change in sentiment. Such share surrenders are common when shares vest or options are exercised and taxes are due.