WILSON DAVID 4

4 · Powerfleet, Inc. · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Powerfleet (AIOT) CFO David Wilson Receives RSU Award

What Happened

David Wilson, Chief Financial Officer of Powerfleet, was granted a total of 290,317 restricted stock units (RSUs) on February 25, 2026: 96,772 time‑based RSUs and 193,545 performance‑based RSUs. Each RSU is a contingent right to one share of common stock; the reported acquisition price is $0.00 because these are awards, not cash purchases.

Key Details

Transaction date and price: Feb 25, 2026; both grants reported at $0.00 per share.
Share counts: 96,772 time‑based RSUs; 193,545 performance‑based RSUs; total = 290,317 RSUs.
Shares owned after transaction: not disclosed in the filing.
Footnotes: time‑based RSUs vest in equal installments over three years, subject to continued employment. Performance RSUs are reported at the target amount (193,545) and may pay out between 0% and 167% of target depending on achievement of specified performance goals.
Filing timeliness: Form 4 filed Feb 27, 2026 (no late‑filing flag in the report).

Context

RSU awards are compensation and represent future delivery of shares if vesting and performance conditions are met; they are not open‑market purchases or sales. Performance RSUs may result in more or fewer shares than the target if performance thresholds vary; time‑based RSUs require continued employment to vest.

Form 4

Period: 2026-02-25

Chief Financial Officer

Transactions

Award
Common Stock, par value $0.01 per share
[F1]
2026-02-25+96,772→ 395,631 total
Award
Common Stock, par value $0.01 per share
[F2]
2026-02-25+193,545→ 589,176 total

Footnotes (2)

[F1]On February 25, 2026 (the "Grant Date"), the reporting person was granted 96,772 restricted stock units ("RSUs") under the Powerfleet, Inc. 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration for his services as the Chief Financial Officer ("CFO") 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 ("Common Stock"), upon vesting. Subject to the terms and conditions of a restricted stock unit award agreement and the 2018 Plan, the RSUs vest in equal installments over a three-year period, provided that the reporting person is employed by the Company on each applicable vesting date.
[F2]On the Grant Date, the reporting person was granted 193,545 performance-based RSUs under the 2018 Plan in consideration for his services as the CFO of the Company. Each RSU represents a contingent right to receive one share of Common Stock upon vesting. The number of RSUs reported represents the target number of RSUs that may be earned by the reporting person. Subject to the terms and conditions of a restricted stock unit award agreement and the 2018 Plan, the actual number of RSUs earned by the reporting person ranges from 0% and 167% of the target number based upon the achievement by the Company of certain performance criteria.

Signature

/s/ David Wilson|2026-02-27

1 file