Powerfleet, Inc. (AIOT) CFO reports tax withholding of shares

Rhea-AI Filing Summary

Powerfleet, Inc. Chief Financial Officer David Wilson had 13,250 shares of common stock withheld at $4.42 per share on July 27, 2026 to satisfy tax obligations upon the vesting of a restricted stock award. These shares were withheld by the company for taxes, not sold in the market, leaving him with 575,926 shares held directly.

Insider Trade Summary

Net Seller: 13,250 shares

Net Sell 1 txn

Insider WILSON DAVID

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.01 per share F1	13,250	$4.42	$59K

Holdings After Transaction: Common Stock, par value $0.01 per share — 575,926 shares (Direct)

Footnotes (1)

1. F1. These shares were withheld by Powerfleet, Inc. to satisfy tax withholding obligations upon the vesting of a restricted stock award previously granted to the reporting person. The reporting person did not sell any shares on the transaction date.

Key Figures

Shares withheld for taxes: 13,250 shares Reference price per share: $4.42 per share Shares held after transaction: 575,926 shares +1 more

4 metrics

Shares withheld for taxes 13,250 shares Common stock withheld on July 27, 2026 to satisfy tax withholding obligations on a restricted stock award vesting

Reference price per share $4.42 per share Per-share value associated with the 13,250 withheld shares reported in the transaction

Shares held after transaction 575,926 shares Direct ownership of Powerfleet common stock by CFO David Wilson following the tax-withholding disposition

Tax-liability-related shares 13,250 shares Shares reported under code F as payment of tax liability by delivering or withholding securities

Key Terms

restricted stock award, tax withholding obligations, Common Stock, par value $0.01 per share

3 terms

restricted stock award financial

"upon the vesting of a restricted stock award previously granted to the reporting person"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

tax withholding obligations financial

"shares were withheld by Powerfleet, Inc. to satisfy tax withholding obligations upon the vesting"

Common Stock, par value $0.01 per share financial

"security title listed as Common Stock, par value $0.01 per share"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/29/2026 - 07:59 PM Accepted by SEC EDGAR 07/29/2026 - 07:59 PM Learn about SEC filing dates

FAQ

What transaction did Powerfleet (AIOT) CFO David Wilson report on July 27, 2026?

He reported a tax-withholding disposition in which 13,250 shares of Powerfleet common stock were withheld at $4.42 per share to satisfy tax obligations on a vesting restricted stock award. The shares were withheld by the company, not sold in the open market.

How many Powerfleet (AIOT) shares does CFO David Wilson hold after this Form 4 transaction?

After the transaction, CFO David Wilson directly holds 575,926 shares of Powerfleet common stock. This figure reflects his post-withholding ownership after 13,250 shares were withheld by the company to cover tax obligations tied to a restricted stock award vesting.

Was the Powerfleet (AIOT) CFO’s reported transaction an open-market sale of shares?

No. The filing states that the reporting person did not sell any shares on the transaction date. Instead, 13,250 shares were withheld by Powerfleet, Inc. solely to satisfy tax withholding obligations arising from the vesting of a restricted stock award.

Why were 13,250 Powerfleet (AIOT) shares withheld from CFO David Wilson?

The 13,250 shares were withheld by Powerfleet, Inc. to satisfy tax withholding obligations when a previously granted restricted stock award vested. This is described as payment of tax liability by delivering or withholding securities, rather than a discretionary sale of shares.

Was Powerfleet (AIOT) CFO David Wilson’s Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, and the footnote describes the event as shares withheld for tax obligations upon vesting. There is no indication that this withholding was executed under a pre-arranged Rule 10b5-1 trading plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WILSON DAVID

(Last) (First) (Middle)

C/O POWERFLEET, INC.

123 TICE BOULEVARD

(Street)

WOODCLIFF LAKE NEW JERSEY 07677

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Powerfleet, Inc. [ AIOT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	07/27/2026		F		13,250(1)	D	$4.42	575,926	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were withheld by Powerfleet, Inc. to satisfy tax withholding obligations upon the vesting of a restricted stock award previously granted to the reporting person. The reporting person did not sell any shares on the transaction date.

	/s/ David Wilson	07/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)