Powerfleet director granted 3,050 RSUs

CASEY MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

CASEY MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.

Powerfleet, Inc. director Michael J. Casey reported an equity award of 3,050 restricted stock units (RSUs) on August 17, 2026 under the company’s 2018 Incentive Plan. Each RSU represents one share of common stock upon vesting, and Casey now holds 189,053 common shares directly. The RSUs vest in full on the earlier of the first anniversary of the grant date or the company’s next annual meeting of stockholders, contingent on continued board service.

Insider Trade Summary

Grant/Award: 3,050 shares

Grant/Award 1 txn

Insider CASEY MICHAEL J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01 per share F1	3,050	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.01 per share — 189,053 shares (Direct)

Footnotes (1)

1. F1. On August 17, 2026 (the "Grant Date"), Michael J. Casey (the "Reporting Person") was granted 3,050 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.

Key Figures

RSUs granted: 3,050 shares Grant date: August 17, 2026 Grant price per RSU: $0.00 per share +1 more

4 metrics

RSUs granted 3,050 shares Restricted stock units granted to Michael J. Casey on August 17, 2026

Grant date August 17, 2026 Grant Date for the 3,050 restricted stock units

Grant price per RSU $0.00 per share Reported transaction price for the RSU award

Total shares after transaction 189,053 shares Total direct common stock holdings of Michael J. Casey after the RSU grant

Key Terms

restricted stock units, 2018 Incentive Plan, contingent right, vesting

4 terms

restricted stock units financial

"was granted 3,050 restricted stock units ("RSUs") under the Powerfleet, Inc. 2018 Incentive Plan"

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

"RSUs 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 common stock"

vesting financial

"Each RSU represents a contingent right to receive one share ... upon vesting"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did Powerfleet (AIOT) grant to director Michael J. Casey?

Powerfleet granted Michael J. Casey 3,050 restricted stock units (RSUs) on August 17, 2026 as consideration for his services as a director. Each RSU is a contingent right to receive one share of Powerfleet common stock upon vesting.

When do Michael J. Casey’s new RSUs in Powerfleet (AIOT) vest?

The 3,050 RSUs vest in full on the earlier of the first anniversary of the August 17, 2026 grant date or the date of Powerfleet’s next annual meeting, provided Michael J. Casey continues serving as a director on that vesting date.

How many Powerfleet (AIOT) shares does Michael J. Casey hold after this Form 4 transaction?

Following the RSU grant, Michael J. Casey is reported as owning 189,053 shares of Powerfleet common stock directly. This figure reflects his total direct holdings after the award of 3,050 restricted stock units reported in the filing.

What is the exercise or purchase price of the RSUs granted to Michael J. Casey at Powerfleet (AIOT)?

The 3,050 RSUs were granted at a price of $0.00 per share, consistent with typical restricted stock unit awards that do not require a purchase payment. Value to the director depends on future vesting and the market price of Powerfleet’s common stock.

Under which plan were Michael J. Casey’s RSUs at Powerfleet (AIOT) granted?

The 3,050 RSUs were granted under the Powerfleet, Inc. 2018 Incentive Plan, as amended. This plan governs the terms of the equity award, including vesting conditions and the delivery of one share of common stock for each RSU upon vesting.

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

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Available on EDGAR 08/17/2026 - 04:56 PM Accepted by SEC EDGAR 08/17/2026 - 04:55 PM Learn about SEC filing dates

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^*

CASEY MICHAEL J

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

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	08/17/2026		A		3,050(1)	A	$0(1)	189,053	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. On August 17, 2026 (the "Grant Date"), Michael J. Casey (the "Reporting Person") was granted 3,050 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.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Michael J. Casey	08/17/2026
	** 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)