Botkin John Brendhan 4

What Happened
John Brendhan Botkin, Vice President, Accounting at Phunware, surrendered 429 shares on June 9, 2026 to satisfy withholding taxes. The shares were disposed at $1.94 per share for a total of approximately $832. The transaction is reported under code F (payment of exercise price or tax liability) and reflects shares withheld under the company’s 2018 Equity Incentive Plan.

Key Details

• Transaction date: June 9, 2026; filing date: June 10, 2026 (timely filing).
• Shares surrendered/disposed: 429 shares at $1.94 per share; total ≈ $832.
• Transaction code: F — shares withheld to satisfy tax withholding obligations.
• Footnotes: F1 confirms shares were surrendered pursuant to the 2018 Equity Incentive Plan; F2 notes the $1.94 is the actual per-share sale price.
• Shares owned after the transaction: not disclosed in the provided filing.

Context
This was a tax-withholding share surrender (common when options vest or restricted shares are delivered), not an open-market sale or a purchase. Such transactions are routine and generally reflect payroll tax obligations rather than a directional bet on the stock. The dollar amount here is small, so it is unlikely to be material for investors.