secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2025-07-17T23:59:59+00:00
Accession:  0000950170-25-096670
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phunware names Jeremy Krol interim CEO, Rahul Mewawalla Executive Chairman and Chief AI Architect
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- Stephen Chen terminated as interim CEO and director; Jeremy Krol (COO) appointed interim CEO effective July 14, 2025.
- Krol's employment agreement: $325,000 base salary, target annual bonus 50-150% of base, plus one-time equity grant of options.
- Rahul Mewawalla appointed Executive Chairman and Chief AI Architect; receives $50,000/month cash compensation for six-month term.
- Mewawalla will continue receiving board compensation and be nominated for reelection at 2025 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000095017025096670/0000950170-25-096670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000095017025096670/phun-20250713.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-096670

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