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Grant4
Powerfleet, Inc.
AIOT
Total Value
$0
Company Information
- Company Name
- Powerfleet, Inc.
- Ticker Symbol
- AIOT
- CIK
- 0001774170
Insider Information
- Name
- JACOBS IAN
- Role
- Director
- Location
- WOODCLIFF LAKE, NJ
Director
Filing Details
- Filing Date
- May 18, 2026
- Transaction Date
- May 18, 2026
- Accession Number
- 0001493152-26-024257
- Form Type
- 4
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| May 18, 2026 | Common Stock, par value $0.01 per share | 24,396 | — | Grant/Award | — |
Footnotes
- (F1)On May 18, 2026 (the "Grant Date"), the reporting person was granted 24,396 restricted stock units ("RSUs") under the Powerfleet, Inc. 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of Powerfleet, Inc. (the "Company"). Each RSU represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share, upon vesting. Subject to the terms and conditions of a restricted stock unit award agreement and the 2018 Plan, the RSUs vest in full on the earlier of (x) the first anniversary of the Grant Date and (y) the date of the Company's next annual meeting of stockholders, provided that the reporting person is serving as a director of the Company on such date.
- (F2)These securities are directly owned by 786 Partners LP and 402 Fund LP. The reporting person has voting and investment power over such securities. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- (F3)Reflects a decrease in indirect beneficial ownership solely resulting from a pro rata distribution of 368,918 shares by 402 Fund LP that occurred prior to the transaction date of this report. No shares were sold by the reporting person in connection with such distribution.