Powerfleet, Inc. — Form 8-K

Powerfleet's Board approved on July 29, 2026, a fifth amendment to its 2018 Incentive Plan, subject to stockholder approval at the September 16, 2026 Annual Meeting. The amendment extends the plan's duration by 10 years from the approval date and freezes prior equity plans (I.D. Systems 2015 Plan and 2009 Director Plan), preventing new awards thereunder. The filing document itself is the full plan text (not a material change summary), establishing the framework for equity awards to employees, directors, and consultants, with a share reserve initially set at 25.9 million shares plus carryover from prior plans.