PowerFleet, Inc.: management transactions · United States · SEC (Form 4)

About PowerFleet, Inc.

Powerfleet, Inc. (NASDAQ: AIOT) is a United States-based technology company listed on the Nasdaq market in the United States. For international investors, Powerfleet sits at the intersection of enterprise software, IoT, and AIoT (Artificial Intelligence of Things), with a focus on connected fleet and high-value mobile asset management. The company’s corporate headquarters are in Woodcliff Lake, New Jersey. ([ir.powerfleet.com](https://ir.powerfleet.com/financials/all-sec-filings/content/0001628280-25-033105/aiot-20250331.htm?utm_source=openai)) From a corporate history standpoint, the current Powerfleet platform was formed through a series of strategic combinations rather than organic buildout alone. SEC filings indicate that Powerfleet was incorporated in Delaware in February 2019 to execute a transaction-driven corporate structure, and management highlights more than 30 years of combined experience in mobile asset connectivity and telematics across the broader operating group. That combination of a recent legal formation and a long operating heritage is important for understanding the company’s evolution. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1774170/000162828024047133/aiot-20240930.htm?utm_source=openai)) Operationally, Powerfleet provides AIoT SaaS solutions that ingest, harmonize, and integrate data from multiple sources and convert it into actionable business intelligence. Its core offerings include fleet telematics, mobile asset visibility, safety and compliance tools, operational efficiency software, and analytics designed to reduce costs, improve productivity, and help manage risk. The company serves commercial and government customers, broadening its end market beyond a single transport sub-segment. ([ir.powerfleet.com](https://ir.powerfleet.com/?utm_source=openai)) In competitive terms, Powerfleet positions itself as a global AIoT leader for mobile assets, and recent acquisitions have materially expanded its scale and geographic reach. The company completed its combination with MiX Telematics on April 2, 2024, and closed the acquisition of Fleet Complete on October 1, 2024. Management said the combined business has approximately 2.6 million total subscribers and forecasted combined revenue of more than $400 million, including more than $300 million of recurring SaaS revenue. This points to a business model increasingly anchored in recurring subscriptions and cross-sell potential. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1774170/000162828026006487/aiot-20251231.htm?utm_source=openai)) Geographically, Powerfleet operates globally, with exposure across North America, Europe, Africa, Latin America, and other regions where its telematics and asset-management solutions are deployed. That international footprint supports diversification and gives the company a broader platform for enterprise sales. Among the more recent notable developments, Powerfleet released financial updates in 2025, continued integrating acquired operations, and reiterated its positioning as a global AIoT SaaS provider serving fleets and mobile assets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1774170/000162828025051024/aiot-20250930.htm?utm_source=openai))