PowerFleet Inc. filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 15, 2026, the board of directors (the “Board”) of Powerfleet, Inc. (the “Company”) elected Michael Casey as a director of the Company. Mr. Casey has been named to the Audit Committee, Compensation Committee and Nominating Committee to the Board and has been appointed to serve as chair of the Audit Committee.
On July 15, 2026, Michael McConnell notified the Board of his resignation as a director of the Company, effective immediately.
As a member of the Board, Mr. Casey is eligible to participate in the Company’s non-employee director compensation program, which is described in the Company’s most recent Proxy Statement filed with the Securities and Exchange Commission (the “SEC”) on July 29, 2025.
In connection with his election to the Board, Mr. Casey will also enter into an indemnification agreement with the Company, substantially similar to the form of indemnification agreement that the Company has entered into with each of its other directors and executive officers, which was filed as Exhibit 10.5 to the Company’s Registration Statement on Form S-4 filed with the SEC on May 24, 2019.
Mr. Casey has not participated in any transactions with the Company, nor are there currently any proposed transactions, requiring disclosure pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended. There is also no arrangement or understanding between Mr. Casey and the Company pursuant to which he was elected to the Board.
Item 8.01. Other Events.
On July 21, 2026, the Company issued a press release announcing Mr. Casey’s appointment as a director and Mr. McConnell’s resignation. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press release, dated July 21, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| POWERFLEET, INC. | ||
| By: | /s/ Steve Towe | |
| Name: | Steve Towe | |
| Title: | Chief Executive Officer | |
| Date: July 21, 2026 | ||