Powerfleet, Inc. — Director's Dealing 2025

Apr 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Powerfleet, Inc. (AIOT)
CIK: 0001774170
Period of Report: 2025-03-30

Reporting Person: Ingram Melissa Rose (See remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-30	Common Stock, par value $0.01 per share	A	76709	—	Acquired	120275	Direct
2025-03-30	Common Stock, par value $0.01 per share	A	153417	—	Acquired	273692	Direct

Footnotes

F1: On March 30, 2025, Melissa Ingram (the "Reporting Person") was granted 76,709 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of Powerfleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration for her services as the Chief Corporate Development Officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests in equal installments over a three-year period, provided that the Reporting Person is employed by the Company on each such date.

F2: The number of shares represents the target number of shares that may be earned by the Reporting Person based on achievement by the Company of certain performance criteria. The actual number of shares awarded may vary between 0% and 150% of the target, depending on the Company's performance.