Form 4: Phunware CEO Michael Snavely Acquires 3,000 Shares of Common Stock
SEC Form 4 Filing
Phunware's CEO, Michael Snavely, recently purchased 3,000 shares of the company's common stock at a price of $6.50 per share.
Summary
- On May 20, 2024, Michael Snavely, the CEO of Phunware, Inc., acquired 3,000 shares of common stock.
- The purchase price was $6.50 per share.
- Following the transaction, Snavely directly owns 26,143 shares of Phunware's common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally a good sign, but the quantity is not large enough to indicate a strong positive sentiment.
Positives
- The CEO's purchase of shares could be interpreted as a positive signal about their confidence in the company's future prospects.
Industry Context
Insider transactions are closely watched as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally seen as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of the transaction where Michael Snavely purchased 3,000 shares of Phunware's common stock. |
| 05/24/2024 | Date of signature by J. Brendhan Botkin, Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.