Phunware (PHUN) Director Du Quyen Receives 70,912 RSU Award

What Happened Du Quyen, a director of Phunware, Inc. (PHUN), was granted 70,912 restricted stock units (RSUs) on August 21, 2026. The award is reported as an acquisition (grant) at $0.00 aggregate purchase price; each RSU represents a contingent right to one share of common stock and, per the filing, the RSUs vested immediately. This is a non‑cash equity award under the company’s Outside Director Compensation Policy.

Key Details

• Transaction date: 2026-08-21 (reported on Form 4 filed 2026-08-25).
• Transaction type/code: A — Award/Grant; 70,912 RSUs granted; reported price $0.00.
• Vesting: RSUs vested immediately (per footnote).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Filing timeliness: Form 4 was filed on 2026-08-25 for an 8/21 transaction (filed within the required two business days).

Context RSUs are a form of compensation that give the recipient a contingent right to receive company shares (or their cash equivalent) when vested; immediate vesting means Du Quyen gained the right to the underlying shares right away. Such grants are routine for outside directors as part of board compensation and are not an open‑market purchase or sale that directly signals buying/selling intent.