Phunware Director Han Elliot Jin Receives 70,912 RSUs
$PHUN · Phunware, Inc.Research Summary
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Phunware Director Han Elliot Jin Receives 70,912 RSUs
What Happened Han Elliot Jin, a director of Phunware, Inc. (PHUN), was granted 70,912 restricted stock units (RSUs) on August 21, 2026. The Form 4 records the acquisition price as $0.00 (grant), so the filing shows $0 cash paid; the RSUs represent a contingent right to one share each and were granted under Phunware’s Outside Director Compensation Policy. According to the filing footnote, the RSUs vest immediately.
Key Details
- Transaction date: August 21, 2026; filing date: August 25, 2026.
- Transaction type/code: A (Award/Grant); reported price: $0.00; shares granted: 70,912 RSUs.
- Shares owned after transaction: Not specified in the Form 4.
- Footnote: RSUs were granted as outside director compensation and vest immediately (each RSU represents a right to one share).
- Timeliness: The Form 4 was filed four days after the grant. Form 4s are typically due within two business days of the transaction, so this filing appears later than the usual reporting window.
Context RSU grants to directors are common compensation and do not by themselves indicate a buy or sell signal tied to market views. Because these RSUs vest immediately, the director now has a contingent right to the underlying shares (which may create taxable income when converted to shares). The Form 4 reports the grant amount but not the market value—value would depend on PHUN’s share price at issuance.