Short answer
Powerfleet, Inc. (AIOT) filed an 8-K current report with the SEC on August 11, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Paul Lalljie appointed President and CFO effective August 11, succeeding terminated CFO David Wilson.
Powerfleet, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Paul Lalljie appointed President and CFO effective August 11, succeeding terminated CFO David Wilson
- New CFO compensation: $475,000 salary, bonus up to 85%, $100,000 sign-on payment
- Equity package includes 225,000 time-based RSUs and 225,000 performance-based RSUs
- Wilson receives $224,460 severance, $121,731.65 prorated bonus, and COBRA reimbursement through February 28, 2027
- Wilson remains a consultant for 90 days at $37,410 monthly, adding near-term transition costs
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Powerfleet, Inc. 8-K filings
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