---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-000802"
form_type: "8-K/A"
ticker: "AIOT"
cik: "0001774170"
company_name: "Powerfleet, Inc."
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T18:53:43.215658+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# PowerFleet corrects CFO stock option exercise price to $3.00 per share

## Summary
- Amendment corrects prior 8-K that erroneously stated exercise price of options granted to new CFO David Wilson.
- Options to purchase 130,000 shares (time-vesting) and 275,000 shares (performance-vesting) both at $3.00 per share.
- Equity grants include 75,000 restricted shares vesting over four years; base salary $350,000; annual bonus up to 75%.
- Wilson appointed CFO effective January 4, 2023; prior role as CFO of NS1.

## SEC filing metadata
- accession: 0001493152-23-000802
- form_type: 8-K/A
- ticker: AIOT
- cik: 0001774170
- company_name: Powerfleet, Inc.
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1774170/000149315223000802/0001493152-23-000802-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1774170/000149315223000802/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-000802
- JSON: https://secwatch.observer/filing/0001493152-23-000802.json
- Plain text: https://secwatch.observer/filing/0001493152-23-000802.txt

## Key facts
- Executive change
  David Wilson was appointed as Chief Financial Officer at Powerfleet, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On January 4, 2023, the Company announced that David Wilson was appointed as the Chief Financial Officer of the Company, effective as of January 4, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1774170/000149315223000802/0001493152-23-000802-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.