Han Elliot Jin 4
Research Summary
AI-generated summary
Phunware (PHUN) Director Han Elliot Jin Receives 84,651 RSU Award
What Happened
- Han Elliot Jin, a director of Phunware, Inc. (PHUN), was granted 84,651 restricted stock units (RSUs) on April 3, 2026. The filing shows an acquisition at $0.00 per share (award/grant, code A), meaning no cash was paid. The RSUs vest immediately and each represents a contingent right to one share of common stock.
Key Details
- Transaction date: April 3, 2026 (reported on Form 4 filed April 7, 2026)
- Transaction type/code: Award/Grant (A)
- Shares/RSUs granted and acquired: 84,651 RSUs; acquisition price reported as $0.00
- Vesting/conditions: RSUs vested immediately; granted under the Issuer’s Outside Director Compensation Policy for services rendered in 2025 (per footnote)
- Shares owned after transaction: Not specified in the filing
- Timeliness: Form 4 filed April 7, 2026 — consistent with the standard two-business-day filing window for an April 3 transaction
Context
- This was a compensation award to a non-employee director (routine director pay), not an open-market purchase or sale. Because the RSUs vested immediately, Jin effectively acquired the rights to 84,651 shares, though the filing does not state his total post-transaction holdings. Awards to directors are common and typically reflect standard compensation rather than a direct buying or selling signal.