Ingram Melissa Rose 4
4 · Powerfleet, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Powerfleet (AIOT) Chief Corp Dev Officer Melissa Ingram Sells 12,018 Shares
What Happened
Melissa Rose Ingram, Powerfleet's Chief Corporate Development Officer, had 12,018 shares withheld by the company to satisfy tax-withholding obligations when restricted stock awards vested. The withholding was recorded at $4.57 per share for a total value of $54,922. This was a tax-withholding disposition (not an open-market sale by the insider).
Key Details
- Transaction date: 2025-07-27
- Price per share: $4.57; Shares withheld/disposed: 12,018; Total value: $54,922
- Transaction type/code: F — shares withheld to cover tax withholding on vesting (report notes the reporting person did not sell any shares on the transaction date)
- Filing date: 2026-02-27 for a 2025-07-27 transaction (filed late relative to typical Form 4 timing)
- Shares owned after transaction: not specified in the filing
Context
Tax-withholding dispositions are routine administrative actions when restricted stock vests and do not necessarily indicate the insider is bearish or selling stock on the open market. Code F simply reflects shares retained to cover taxes rather than a deliberate market sale.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.01 per share
[F1]2025-07-27$4.57/sh−12,018$54,922→ 261,674 total
Footnotes (1)
- [F1]These shares were withheld by Powerfleet, Inc. to satisfy tax withholding obligations upon the vesting of restricted stock awards previously made to the reporting person. The reporting person did not sell any shares on the transaction date.