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Powerfleet Executive Compensation (FY26)

AIOT · Executive and director compensation, fiscal 2023 to 2026

The paid brief on Powerfleet

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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New filing — September 16, 2026, data updatedData as of September 16, 2026Latest filing (8-K): September 16, 2026
10 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Powerfleet brief$1,500Get the executive brief
181 figures on this page: 173 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
Chief executive, fiscal 2026
◇
Steve Towe
Latest say-on-pay support
=
September 16, 2026
Chief executive pay ratio
◇
To the median employee

More on Powerfleet

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Steve Towe: $12,881,137 → $2,134,829 (83.4% lower)
Say-on-pay support: 73.4% → 97.9% (24.5 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Powerfleet's chief executive and what were they paid?
Steve Towe, Chief Executive Officer, received $2,134,829 in total compensation for fiscal 2026. Towe's total moved 83.4% lower from the $12,881,137 reported for fiscal 2025.
What was Powerfleet's say-on-pay result?
The say-on-pay proposal drew 97.9% of votes cast for or against in favor at the meeting held September 16, 2026 for fiscal 2026.
Which companies are in Powerfleet's peer group?
The disclosed peer group names A10 Networks, Inc., Arlo Technologies, Inc., BlackBerry Ltd, Consensus Cloud Solutions, Inc. and Digi International Inc., among others.
What is Powerfleet's chief executive pay ratio?
The company reported a chief executive pay ratio of 81:1 for fiscal 2026, against median employee compensation of $26,225.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Towe
Chief Executive Officer
◇◇◇—◇——◇
David Wilson
Chief Financial Officer and Corporate Secretary
◇—◇◇◇——◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Towe
Chief Executive Officer
◇◇—————◇
David Wilson
Chief Financial Officer and Corporate Secretary
◇——————◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Towe
Chief Executive Officer
◇—◇—◇——◇
David Wilson
Chief Financial Officer and Corporate Secretary
◇—◇—◇——◇
Melissa Ingram
Chief Corporate Development Officer
◇—◇—◇——◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Towe
Chief Executive Officer
◇—◇—◇——◇
David Wilson
Chief Financial Officer and Corporate Secretary
◇—◇—◇——◇
Melissa Ingram
Chief Corporate Development Officer
◇—◇—◇——◇
Michael Powell
Chief Innovation Officer
◇◇◇————◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David WilsonPSU◇◇◇◇◇—◇
David WilsonRSU◇——◇——◇
Melissa IngramPSU◇◇◇◇◇—◇
Melissa IngramRSU◇——◇——◇
Michael PowellRSU◇——◇——◇
Michael PowellPSU◇◇◇◇◇—◇
Steve TowePSU◇◇◇◇◇—◇
Steve ToweRSU◇——◇——◇
Fiscal 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Steve ToweOption◇—◇—
RSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇—
Option◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
David WilsonOption◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Melissa IngramOption◇—◇—
PSU◇◇——
RSU◇◇——
Option◇—◇—
PSU◇◇——
RSU◇◇——
Michael PowellPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Brodsky
Board chair
◇◇◇———◇
Michael McConnell
◇◇◇———◇
Ian Jacobs
◇◇◇———◇
Andrew Martin and Steve Towe served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • A10 Networks, Inc. ATEN
  • Arlo Technologies, Inc. ARLO
  • BlackBerry Ltd BB
  • Consensus Cloud Solutions, Inc. CCSI
  • Digi International Inc. DGII
  • E2open Parent Holdings, Inc. ETWO
  • Globalstar, Inc. GSAT
  • Iridium Communications Inc. IRDM
  • Kinaxis Inc. symbol not shown
  • Lantronix Inc. LTRX
  • MeridianLink, Inc. MLNK
  • Mitek Systems Inc. MITK
  • N-able, Inc. NABL
  • OneSpan Inc. OSPN
  • Porch Group, Inc. PRCH
  • Rimini Street, Inc. RMNI
  • SEMrush Holdings, Inc. SEMR

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026September 16, 2026=◇◇◇
2025September 16, 2025=◇◇◇
2024September 17, 2024=◇◇◇
2023September 17, 2024=◇◇◇
2022July 20, 2023=◇◇◇
2021July 19, 2022=◇◇◇
2020July 20, 2021=◇◇◇
2019July 9, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Powerfleet disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Powerfleet sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
181 figures on this page: 173 cited to the filing that reported them, 8 calculated from figures it prints.
173 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001493152-26-042928
    Proposal No. 4: Approval of an Amendment to the Powerfleet, Inc.
  2. 0001493152-26-035236
    CEO Pay Ratio · EXECUTIVE COMPENSATION & · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year End · and 1 more section
  3. 0001493152-25-013706
    448,571 149,371 47,592 — 3. The stockholders approved an advisory resolution on executive compensation.
  4. 0001641172-25-021438
    Non-Employee Directors · Summary Compensation Table
  5. 0001493152-24-036868
  6. 0001493152-24-030765
    Summary Compensation Table
  7. 0001493152-23-025572
  8. 0001493152-22-019931
  9. 0001493152-21-017445
  10. 0001493152-20-012966
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Powerfleet executive compensation, FY2023–FY2026.” https://intel.velarion.ai/comp/AIOT (accessed 2026).
Short form: data: Velarion

The paid brief for Powerfleet

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Powerfleet discloses

The companies named in AIOT's own disclosed peer group.

A10 Networks, Inc.Arlo Technologies, Inc.BlackBerry LtdConsensus Cloud Solutions, Inc.Digi International Inc.E2open Parent Holdings, Inc.Globalstar, Inc.Iridium Communications Inc.Lantronix Inc.MeridianLink, Inc.Mitek Systems Inc.N-able, Inc.OneSpan Inc.Porch Group, Inc.Rimini Street, Inc.SEMrush Holdings, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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