Powerfleet director awarded 29,167 RSUs
Powerfleet director Ian Jacobs received a 29,167 RSU grant and now reports over 4 million total direct and indirect shares.
Rhea-AI Filing Summary
Powerfleet, Inc. (symbol: AIOT) is the issuer of record for a Form 4 filing submitted to the SEC. JACOBS IAN reported acquisition or exercise transactions in this Form 4 filing.
Powerfleet, Inc. (AIOT) director Ian Jacobs reported an equity compensation grant and updated holdings. On September 17, 2026 he received 29,167 restricted stock units (RSUs) under the Powerfleet, Inc. 2018 Incentive Plan, each representing one share of common stock upon vesting. After this grant he holds 102,309 shares directly and 3,982,432 shares indirectly through 786 Partners LP and 402 Fund LP, for which he has voting and investment power while disclaiming beneficial ownership beyond his pecuniary interest. The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, subject to continued service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 29,167 shares
Grant/Award
2 txns
Insider
JACOBS IAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share F1 | 29,167 | $0.00 | $0.00 |
| holding | Common Stock, par value $0.01 per share F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 102,309 shares (Direct);
Common Stock, par value $0.01 per share — 3,982,432 shares (Indirect, See footnote)
Footnotes (2)
- F1. On September 17, 2026 (the "Grant Date"), the reporting person was granted 29,167 restricted stock units ("RSUs") under the Powerfleet, Inc. 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director 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, upon vesting. Subject to the terms and conditions of a restricted stock unit award agreement and the 2018 Plan, the RSUs vest in full on the earlier of (x) the first anniversary of the Grant Date and (y) the date of the Company's next annual meeting of stockholders, provided that the reporting person is serving as a director of the Company on such date.
- F2. These securities are directly owned by 786 Partners LP and 402 Fund LP. The reporting person has voting and investment power over such securities. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Key Figures
RSUs granted: 29,167 RSUs
Direct common shares after grant: 102,309 shares
Indirect common shares: 3,982,432 shares
+2 more
5 metrics
RSUs granted
29,167 RSUs
Restricted stock units granted on September 17, 2026 as director compensation
Direct common shares after grant
102,309 shares
Direct holdings of Powerfleet common stock following the RSU grant
Indirect common shares
3,982,432 shares
Shares held by 786 Partners LP and 402 Fund LP over which Ian Jacobs has voting and investment power
Grant date
September 17, 2026
Date the 29,167 RSUs were granted under the 2018 Incentive Plan
Par value per share
$0.01 per share
Par value of Powerfleet common stock underlying the RSUs and holdings
Key Terms
restricted stock units, 2018 Incentive Plan, contingent right, beneficial ownership, +1 more
5 terms
restricted stock units financial
"the reporting person was granted 29,167 restricted stock units ("RSUs") under"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2018 Incentive Plan financial
"under the Powerfleet, Inc. 2018 Incentive Plan, as amended (the "2018 Plan")"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Company's"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Powerfleet (AIOT) director Ian Jacobs report on this Form 4?
He reported a grant of 29,167 restricted stock units (RSUs) on September 17, 2026 as director compensation, plus updated direct and indirect holdings in Powerfleet common stock.
What are Ian Jacobs’ direct holdings of Powerfleet (AIOT) after the RSU grant?
Following the September 17, 2026 grant, Ian Jacobs reports 102,309 shares of Powerfleet common stock held directly.
What indirect holdings in Powerfleet (AIOT) does Ian Jacobs report?
He reports 3,982,432 shares of Powerfleet common stock held indirectly by 786 Partners LP and 402 Fund LP, over which he has voting and investment power.
When do the 29,167 RSUs for Powerfleet (AIOT) vest?
The RSUs vest in full on the earlier of the first anniversary of September 17, 2026 or the date of Powerfleet’s next annual meeting of stockholders, provided he is serving as a director on that date.
Were Ian Jacobs’ AIOT transactions made under a Rule 10b5-1 plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the grant was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
