Lantronix CEO buys 15,000 shares at $5.18
Lantronix’s CEO and director increased his direct common-stock holdings through an open-market purchase.
Rhea-AI Filing Summary
LANTRONIX INC (LTRX) President & CEO and director Saleel Awsare purchased 15,000 shares of common stock in an open-market transaction on September 9, 2026 at a weighted average price of $5.18 per share, increasing his direct holdings to 453,381 shares. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,000 shares
Net Buy
1 txn
Insider
Awsare Saleel
Role
President & CEO
Bought
15,000 shs ($78K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock F1 | 15,000 | $5.179 | $78K |
Holdings After Transaction:
Common stock — 453,381 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $5.17 to $5.18. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares purchased: 15,000 shares
Weighted average purchase price: $5.179 per share
Post-transaction holdings: 453,381 shares
+1 more
4 metrics
Shares purchased
15,000 shares
Open-market purchase on September 9, 2026 by President & CEO
Weighted average purchase price
$5.179 per share
Common stock trades executed between $5.17 and $5.18
Post-transaction holdings
453,381 shares
Common stock directly owned after the reported transaction
Implied transaction value
$77,685
15,000 shares at $5.179 weighted average price
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1
3 terms
weighted average price financial
"The price reported reflects the weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Purchase in open market or private transaction"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did LTRX report for Saleel Awsare on September 9, 2026?
Lantronix reported that President & CEO and director Saleel Awsare purchased 15,000 shares of common stock on September 9, 2026 in an open-market transaction at a weighted average price of about $5.18 per share.
Was the recent LTRX insider purchase made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not selected, and there is no footnote stating that the 15,000-share purchase was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.