---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-455414"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2026-11-10T21:05:16+00:00"
generated_at: "2026-11-10T21:07:27.506978+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Phunware cuts 26% of full-time staff, 9 consultants; sees $2.0M annual savings

## Summary
- On November 4, 2026 Phunware began a reduction in force affecting about 8 full-time employees, roughly 26% of its full-time workforce.
- Company also commenced termination notices to approximately 9 consultants on November 4, 2026.
- Severance costs estimated at about $0.4 million; reductions expected complete by end of December 2026.
- Anticipated annualized cost savings of approximately $2.0 million from the employee and consultant reductions.
- Signed by Chief Executive Officer Dmitry Kroshka; filing dated November 10, 2026.

## SEC filing metadata
- accession: 0001193125-26-455414
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2026-11-10T21:05:16+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000119312526455414/0001193125-26-455414-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000119312526455414/phun-20261104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-455414
- JSON: https://secwatch.observer/filing/0001193125-26-455414.json
- Plain text: https://secwatch.observer/filing/0001193125-26-455414.txt

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