Ingram Melissa Rose 4

What Happened
Melissa Rose Ingram, Powerfleet, Inc.'s Chief Corporate Development Officer, received two restricted stock unit (RSU) awards on February 25, 2026: 85,160 time‑based RSUs and 170,319 performance‑based RSUs (target). Each RSU represents a contingent right to one share of Powerfleet common stock. The grants were reported at $0.00 per share (standard for equity awards) — total grant value is not shown in cash terms on the Form 4.

Key Details

• Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (timely filing).
• Awards: 85,160 RSUs (time‑based) and 170,319 performance RSUs (target). Combined target RSUs = 255,479.
• Price: $0.00 per RSU (award/grant).
• Vesting: Time‑based RSUs vest in equal installments over three years, subject to continued employment. Performance RSUs vest based on company performance; actual payout can range from 0% to 167% of the target number. (See footnotes F1 & F2 in the filing for details.)
• Shares owned after transaction: Not disclosed in this Form 4.
• No 10b5‑1 plan, cashless exercise, tax‑withholding sale, or gift was reported in this filing — these awards are compensation grants.

Context
RSU grants are a form of compensation, not an open‑market purchase or sale. Time‑based RSUs reward continued service; performance RSUs tie payout to company targets. Because these are awards, they do not directly signal insider buying or selling activity, though investors track grants to see executive compensation and incentives.