---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-002370"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:36:14.805493+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Phunware appoints Chris Olive as director, then reduces board size; Olive resigns same day

## Summary
- Ryan Costello resigned from Board effective Dec 31, 2023, previously reported.
- On Jan 22, 2024, Board appointed Chris Olive as Class II director to fill vacancy.
- Board then reduced size to four directors; Olive resigned on Jan 22, 2024.
- Resignation not due to any disagreement with Company or its management.

## SEC filing metadata
- accession: 0001628280-24-002370
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000162828024002370/0001628280-24-002370-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000162828024002370/phun-20240122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-002370
- JSON: https://secwatch.observer/filing/0001628280-24-002370.json
- Plain text: https://secwatch.observer/filing/0001628280-24-002370.txt

## Key facts
- Executive change
  Chris Olive resigned as director at Phunware, Inc..
  - Action: resigned
  - Role: director
  source text: In connection with the reduction of the size of the Board, Chris Olive resigned as a director of the Company on January 22, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000162828024002370/0001628280-24-002370-index.htm
- Executive change
  Ryan Costello resigned as director at Phunware, Inc..
  - Action: resigned
  - Role: director
  source text: As previously reported, Ryan Costello resigned from the board of directors (the "Board") of Phunware, Inc. (the "Company") effective December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000162828024002370/0001628280-24-002370-index.htm
- Executive change
  Chris Olive was appointed as Class II director at Phunware, Inc..
  - Action: appointed
  - Role: Class II director
  source text: On January 22, 2024, the Board resolved to fill the vacancy left by Mr. Costello and appointed Chris Olive to serve as a Class II director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000162828024002370/0001628280-24-002370-index.htm

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