Ingram Melissa Rose 4

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.