Form 4: Phunware CFO Troy Lee Reisner Reports Stock Transactions
SEC Form 4 Filing
Troy Lee Reisner, CFO of Phunware, Inc., reports the acquisition and disposal of common stock on June 4th and 5th, 2024.
Summary
- On June 4, 2024, Troy Lee Reisner, the CFO of Phunware, Inc., acquired 2,500 shares of common stock at a price of $5.7599 per share.
- On June 5, 2024, Reisner disposed of 1,728 shares to cover tax withholdings related to the Issuer's 2023 Inducement Plan.
- The weighted average price for the disposed shares ranged from $5.72 to $5.78.
- Following these transactions, Reisner beneficially owns 14,772 shares of Phunware common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. It doesn't convey any strong positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's sentiment towards the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | CFO acquired 2,500 shares of common stock at $5.7599 per share. |
| 06/05/2024 | CFO disposed of 1,728 shares for tax withholding purposes. |
| 06/06/2024 | Date of Form 4 signature. |
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