Powerfleet awards 255,479 RSUs to executive
Ingram Melissa Rose reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Ingram Melissa Rose reported acquisition or exercise transactions in this Form 4 filing.
Powerfleet, Inc. reported that Chief Corporate Development Officer Melissa Rose Ingram received equity compensation on February 25, 2026. She was granted 85,160 time-based restricted stock units (RSUs) that vest in equal installments over three years, contingent on continued employment. She was also granted 170,319 performance-based RSUs, with the actual shares earned ranging from 0% to 167% of this target, depending on the company’s achievement of specified performance criteria. Each RSU represents a contingent right to receive one share of Powerfleet common stock upon vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 85,160 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share | 170,319 | $0.00 | $0.00 |
Footnotes (2)
- F1. On February 25, 2026 (the "Grant Date"), the reporting person was granted 85,160 restricted stock units ("RSUs") under the Powerfleet, Inc. 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration for her services as the Chief Corporate Development Officer 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 ("Common Stock"), upon vesting. Subject to the terms and conditions of a restricted stock unit award agreement and the 2018 Plan, the RSUs vest in equal installments over a three-year period, provided that the reporting person is employed by the Company on each applicable vesting date.
- F2. On the Grant Date, the reporting person was granted 170,319 performance-based RSUs under the 2018 Plan in consideration for her services as the Chief Corporate Development Officer of the Company. Each RSU represents a contingent right to receive one share of Common Stock upon vesting. The number of RSUs reported represents the target number of RSUs that may be earned by the reporting person. Subject to the terms and conditions of a restricted stock unit award agreement and the 2018 Plan, the actual number of RSUs earned by the reporting person ranges from 0% and 167% of the target number based upon the achievement by the Company of certain performance criteria.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Powerfleet (AIOT) report for Melissa Rose Ingram?
How many RSUs were granted to the Powerfleet (AIOT) executive in this Form 4?
What are the vesting terms of the time-based RSUs reported by Powerfleet (AIOT)?
How are the performance-based RSUs for Powerfleet (AIOT) determined?
Did the Powerfleet (AIOT) executive pay cash for the RSUs reported?
What plan governs the RSU grants reported by Powerfleet (AIOT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.