Summary by Futu AI
Phunware Inc.'s CEO, Michael Snavely, completed a purchase of 3,000 shares of the company's common stock on May 20, 2024. The transaction was carried out on the open market at a price of $6.50 per share, resulting in a total investment of $19,500. Following this acquisition, Snavely's direct holdings in Phunware increased to 26,143 shares. The transaction reflects the CEO's confidence in the company and provides investors with a signal regarding the leadership's view of the stock's value.