[Form 4] INSEEGO CORP. Insider Trading Activity

Rhea-AI Filing Summary

George Mulhern, a director of Inseego Corp. (INSG), reported a grant of 9,427 restricted stock units (RSUs) on 09/12/2025 that settle 1-for-1 into common shares at no cash price. Following this award, he beneficially owns 27,240 shares in total. The RSUs are scheduled to vest on September 10, 2026. The Form 4 was signed on behalf of Mr. Mulhern by an attorney-in-fact, Kurt E. Scheuerman, on 09/16/2025. The filing identifies Mr. Mulhern as a director and indicates the transaction was an acquisition of equity-based compensation.

Positive

• Director awarded 9,427 RSUs increases insider stake and aligns interests with shareholders
• Clear vesting date provided (September 10, 2026) which improves transparency on future dilution timing
• Post-transaction ownership disclosed (27,240 shares), enabling investors to see total insider holdings

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director equity grant increases insider alignment without immediate cash outlay; vesting is one year out.

The reported transaction is a non-cash grant of 9,427 RSUs that convert to common stock on a 1-for-1 basis and vest on 09/10/2026. Such awards are commonly used to align executive and director incentives with shareholder outcomes. The immediate dilutive impact is limited until vesting and settlement occur. The increase to 27,240 shares reflects current beneficial ownership including prior holdings. There is no exercise price or cash payment disclosed, confirming this is an equity-settlement award rather than an option exercise.

Corporate Governance Expert

TL;DR: Standard governance disclosure for an equity grant to a director; transparency appears consistent with Section 16 reporting.

The Form 4 clearly identifies the reporter, relationship to the issuer (director), transaction date, number of RSUs granted, and the post-transaction beneficial ownership. The RSUs' vesting schedule is disclosed (09/10/2026), which is important for assessing alignment and potential future share issuance. The filing was executed by an attorney-in-fact and includes the required signature block. No departures from typical disclosure practices are evident in the provided content.

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

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

1. Name and Address of Reporting Person^*

Mulhern George

(Last) (First) (Middle)

C/O INSEEGO CORP.

9710 SCRANTON ROAD, SUITE 200

(Street)

SAN DIEGO CA 92121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INSEEGO CORP. [ INSG ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

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

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

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

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	09/12/2025		A		9,427	A(1)	$0	27,240	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. Represents restricted stock units ("RSUs") that settle for shares of common stock on a 1-for-1 basis. The RSUs are scheduled to vest on September 10, 2026.

	/s/ Kurt E. Scheuerman, Attorney-in-Fact	09/16/2025
	** 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.

FAQ

What transaction did George Mulhern report on Form 4 for INSG?

He reported an acquisition of 9,427 RSUs on 09/12/2025 that settle 1-for-1 into common stock.

When do the RSUs granted to George Mulhern vest?

The RSUs are scheduled to vest on September 10, 2026.

How many shares does George Mulhern beneficially own after the reported transaction?

The Form 4 shows 27,240 shares beneficially owned following the transaction.

Was there any cash price paid for the RSUs reported on INSG Form 4?

The transaction lists a price of $0, indicating the RSUs were granted without a cash purchase price.

Who signed the Form 4 filing for George Mulhern?

The Form 4 was signed by Kurt E. Scheuerman, Attorney-in-Fact, on 09/16/2025.