{"url_path":"/sec/aiot/8-k/2026-07-21/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-21","source_url":"https://www.sec.gov/Archives/edgar/data/1774170/0001493152-26-034096-index.html","accession_number":"0001493152-26-034096","cik":"0001774170","ticker":"AIOT","issuer_name":"Powerfleet, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1774170/0001493152-26-034096-index.html","primary_entity_key":"0001774170","primary_entity_name":"Powerfleet, Inc."},"word_count":259,"has_tables":true,"body_markdown":"** **\n\n**Item\n5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of\nCertain Officers.**\n\n \n\nOn\nJuly 15, 2026, the board of directors (the “Board”) of Powerfleet, Inc. (the “Company”) elected Michael Casey\nas a director of the Company. Mr. Casey has been named to the Audit Committee, Compensation Committee and Nominating Committee to the\nBoard and has been appointed to serve as chair of the Audit Committee.\n\n \n\nOn\nJuly 15, 2026, Michael McConnell notified the Board of his resignation as a director of the Company, effective immediately.\n\n \n\nAs\na member of the Board, Mr. Casey is eligible to participate in the Company’s non-employee director compensation program, which\nis described in the Company’s most recent Proxy Statement filed with the Securities and Exchange Commission (the “SEC”)\non July 29, 2025.\n\n \n\nIn\nconnection with his election to the Board, Mr. Casey will also enter into an indemnification agreement with the Company, substantially\nsimilar to the form of indemnification agreement that the Company has entered into with each of its other directors and executive officers,\nwhich was filed as Exhibit 10.5 to the Company’s Registration Statement on Form S-4 filed with the SEC on May 24, 2019.\n\n \n\nMr.\nCasey has not participated in any transactions with the Company, nor are there currently any proposed transactions, requiring disclosure\npursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended. There is also no arrangement\nor understanding between Mr. Casey and the Company pursuant to which he was elected to the Board."}