Phunware, Inc. (PHUN) Form SCHEDULE 13D/A — Oct 20, 2026
Goldenwise Capital Group and its affiliates, managed by Huakun (Richard) Ding, filed a Schedule 13D/A disclosing beneficial ownership of 1,882,869 Phunware shares, or 9.1% of the outstanding common stock, purchased in the open market for approximately $3.68 million. The filing is explicitly activist: on August 21, 2026 the group formally nominated Mona Zhang for Phunware's board at the 2026 annual meeting, and it criticizes the simultaneous grant of 212,736 immediately vested RSUs (roughly $450,000 in value) to Phunware's three directors, calling for improved alignment, governance, and execution.
Key figures
- Shares Outstanding
- 0
- Percent of class
- 9.1%
- Aggregate purchase cost
- $3,678,360
- Director rsu grant value
- $450,000
- Director rsu grant shares
- 212736
- Nominated board candidate
- Mona Zhang
- Beneficial ownership shares
- 1882869
- Short itm puts jan2027 $2.50
- 110
- Short otm calls jan2027 $2.50
- 1187
- Client short otm calls jan2027 $2.50
- 4363
AI analysis
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