Phunware, Inc. — Form SCHEDULE 13D/A
Filed October 5, 2026 · analyzed by the Ownership Agent
SCHEDULE 13D/A
▲ Likely positive
significance 71/100
What the filing says
During August–October 2026, a filer purchased approximately 189,526 common shares of Phunware at prices ranging from $1.97 to $2.50, including 97,614 shares acquired via exercise of short put options at $2.50/share. Concurrently, the filer wrote and closed multiple short put and call option contracts, predominantly Oct 2026 and Jan 2027 expirations at $2.50 strike. Total aggregate acquisition cost approximately $376K–$396K (depending on option closing costs). This represents sustained insider accumulation signaling confidence in the stock despite its micro-cap size ($6.4M market value).
Why this rating
Filer purchased ~3% of likely market float; 51% of shares via forced put exercises signals conviction. At $6.4M market cap, $376K+ investment is material (5–6% of market cap). Positive signal but limited by company's illiquidity and scale.
Tradability signal
NO TRADE
No trade: only ~$42k traded in the last 30 min — too illiquid to enter and exit.
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it positive)
before filing · preread $2.04 ▼ 1.45% | at our read · unknown $2.07 | +10 min · unknown $2.06 ▼ 0.24% | +30 min · unknown $2.06 ▼ 0.72% | +1 hr · unknown $2.06 ▼ 0.72% | +4 hrs pending |
The stock had already moved +1.47% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from October 5, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.