---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-228281"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2026-05-18T15:06:41+00:00"
generated_at: "2026-05-18T15:08:25.410668+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Phunware appoints Dmitry Kroshka as CEO, engages BSPG for Product 2.0 rollout

## Summary
- Dmitry Kroshka appointed CEO effective May 12, 2026; base salary $475,000, equity award $1,000,000.
- Jeremy Krol returns to COO role and resigns from Board of Directors after serving as interim CEO.
- Company enters $3.6M software development agreement with Build Something LLC for Apollo 2.0 Program.
- Engages Build Something Product Group (Michael Cerdá) to lead product strategy for next-gen platform.
- AI Concierge engagement running 40% above internal forecasts; customer retention above 95%.

## SEC filing metadata
- accession: 0001193125-26-228281
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2026-05-18T15:06:41+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000119312526228281/0001193125-26-228281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000119312526228281/phun-20260512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-228281
- JSON: https://secwatch.observer/filing/0001193125-26-228281.json
- Plain text: https://secwatch.observer/filing/0001193125-26-228281.txt

## Key facts
- Executive change
  Jeremy Krol resigned as Director at Phunware, Inc..
  - Action: resigned
  - Role: Director
  source text: On May 12, 2026, Jeremy Krol notified the Company of his voluntary resignation from the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000119312526228281/0001193125-26-228281-index.htm
- Executive change
  Jeremy Krol changed role as Chief Operating Officer at Phunware, Inc..
  - Action: transitioned back into his role as
  - Role: Chief Operating Officer
  source text: the Company and Mr. Krol agreed to the transition of Mr. Krol back into his role as Chief Operating Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000119312526228281/0001193125-26-228281-index.htm
- Executive change
  Dmitry Kroshka was appointed as Chief Executive Officer at Phunware, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On May 12, 2026, the Board of Directors appointed Dmitry Kroshka as Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000119312526228281/0001193125-26-228281-index.htm
- Material Agreements
  Phunware, Inc. entered into Master Software and Services Agreement with Build Something LLC valued at aggregate project fees of up to $3,559,200 (effective 2026-05-13).
  - Action: entry
  - Counterparty: Build Something LLC
  - Value: aggregate project fees of up to $3,559,200
  - Effective: 2026-05-13
  source text: Effective May 13, 2026, Phunware, Inc. (the "Company") entered into a Master Software and Services Agreement (the “MSSA”) with Build Something LLC, a Delaware limited liability company (the “Developer”), pursuant to which the Company retained the Developer to create, perform and provide software development, solutions, software engineering, software deployment and other technology and intellectual property services to and for the Company in accordance with each Statement of Work (as defined therein) entered into thereunder from time to time. Unless terminated early, the MSSA will continue for a period of one year and will renew for up to two one-year renewal terms unless either party thereunder provides notice of termination within 90 days of the then-current term. The MSSA and each Statement of Work may be terminated (i) by mutual written agreement of the parties thereunder, (ii) for convenience by the Company upon 30 days’ written notice to the Developer or (iii) upon 30 days’ writte
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000119312526228281/0001193125-26-228281-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.