Form 4: Phunware CEO Michael Snavely Buys and Sells Common Stock
SEC Form 4 Filing
Phunware's CEO, Michael Snavely, engaged in transactions involving the company's common stock, acquiring and disposing of shares on June 10, 2024.
Summary
- On June 10, 2024, Michael Snavely, the CEO of Phunware, Inc., acquired 1,186 shares of common stock at a price of $5.5 per share.
- Following this transaction, Snavely disposed of 27,329 shares.
- After the reported transactions, the filing indicates Snavely still beneficially owns shares of Phunware.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions. The purchase could be seen as slightly positive, but the sale offsets this.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. However, it's important to consider the context of the transactions, such as the size of the trades relative to the individual's holdings and any potential motivations behind the transactions.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of stock transaction (purchase and sale). |
| 06/12/2024 | Date of signature for the Form 4 filing. |
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