Powerfleet officer has shares withheld for taxes
Powerfleet, Inc. officer Melissa Rose Ingram reported a tax-related share withholding.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Powerfleet, Inc. officer Melissa Rose Ingram reported a tax-related share withholding. On the reported date, 12,018 shares of common stock were withheld by Powerfleet, Inc. to cover tax obligations arising from the vesting of previously granted restricted stock awards. The footnote states that the reporting person did not sell any shares on the transaction date. After this withholding, she directly owned 261,674 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 12,018 | $4.57 | $55K |
Footnotes (1)
- F1. These shares were withheld by Powerfleet, Inc. to satisfy tax withholding obligations upon the vesting of restricted stock awards previously made to the reporting person. The reporting person did not sell any shares on the transaction date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Powerfleet (AIOT) report for Melissa Rose Ingram?
What does transaction code F mean in the Powerfleet (AIOT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.