Form 4 for AIOT Powerfleet, Inc.
Accepted 2025-04-01 00:00:00 ET · period of report 2025-03-30 · accession 0001641172-25-002249 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-04-01 | 2025-03-30 | AIOT | WILSON DAVID | CFO | A - Grant | $0.00 | +261.5K | 312.1K | +517% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share | 2025-03-30 | A | A | 87,169 | $0.00 | 137,772 | D | — | — | (F1) On March 30, 2025, David Wilson (the "Reporting Person") was granted 87,169 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of Powerfleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration for his services as the Chief Financial Officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests in equal installments over a three-year period, provided that the Reporting Person is employed by the Company on each such date. |
| 2 | Common | Common Stock, par value $0.01 per share | 2025-03-30 | A | A | 174,337 | $0.00 | 312,109 | D | — | — | (F2) The number of shares represents the target number of shares that may be earned by the Reporting Person based on achievement by the Company of certain performance criteria. The actual number of shares awarded may vary between 0% and 150% of the target, depending on the Company's performance. |