secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2026-05-18T15:06:41+00:00
Accession:  0001193125-26-228281
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 1.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phunware appoints Dmitry Kroshka as CEO, engages BSPG for Product 2.0 rollout
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000119312526228281/0001193125-26-228281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000119312526228281/phun-20260512.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-228281

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer