Lantronix director gets 8,540 shares via RSUs

Lantronix Inc. director James Chris Auker acquired 8,540 shares of common stock through the vesting of restricted stock units (RSUs).

Rhea-AI Filing Summary

Lantronix Inc. director James Chris Auker acquired 8,540 shares of common stock through the vesting of restricted stock units (RSUs). The RSUs convert into common stock on a one-for-one basis. Following the transaction, he holds 18,927 shares of common stock directly and 8,541 RSUs.

The RSU grant, made on November 4, 2025, is scheduled to vest over one year, with one half of the shares vesting six months after the grant date and the remainder on the first anniversary. This filing reflects routine equity compensation rather than an open-market purchase or sale.

Insider Trade Summary

8,540 shares exercised/converted

Exercise 2 txns

Insider Auker James Chris

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	8,540	$0.00	$0.00
Exercise	Common Stock	8,540	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 8,541 contracts (Direct); Common Stock — 18,927 shares (Direct)

Footnotes (3)

1. F1. Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 4, 2025 (the "Grant Date").
2. F2. RSUs convert into common stock on a one-for-one basis.
3. F3. The RSUs vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date and one half (1/2) of the shares vesting on the first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.

Key Figures

Common shares acquired: 8,540 shares Shares held after transaction: 18,927 shares RSUs converted: 8,540 RSUs +2 more

5 metrics

Common shares acquired 8,540 shares Common stock issued upon RSU vesting on May 4, 2026

Shares held after transaction 18,927 shares Total Lantronix common stock directly held after RSU conversion

RSUs converted 8,540 RSUs Restricted stock units converting into common stock one-for-one

RSUs remaining 8,541 RSUs Restricted stock units directly held after this vesting event

RSU vesting period 1 year Half vests 6 months after Nov 4, 2025; half on first anniversary

Key Terms

Restricted Stock Units, RSUs, one-for-one basis, vest

4 terms

Restricted Stock Units financial

"security_title": "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs")"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

one-for-one basis financial

"RSUs convert into common stock on a one-for-one basis."

vest financial

"The RSUs vest at the rate of one half (1/2) of the shares vesting six (6) months"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Lantronix (LTRX) director James Chris Auker report in this Form 4?

James Chris Auker reported acquiring 8,540 Lantronix common shares through the vesting of restricted stock units. These RSUs convert into common stock on a one-for-one basis, increasing his direct equity stake as part of his compensation arrangement with the company.

How many Lantronix (LTRX) shares does James Chris Auker hold after this RSU vesting?

After this RSU vesting, Auker holds 18,927 shares of Lantronix common stock directly. He also retains 8,541 restricted stock units, which represent additional potential shares that may convert into common stock according to the original grant’s vesting schedule and terms.

How many restricted stock units vested for Lantronix (LTRX) director Auker?

A total of 8,540 restricted stock units vested for Auker, resulting in the issuance of 8,540 Lantronix common shares. The RSUs convert on a one-for-one basis, meaning each unit became one share as part of his equity compensation program at the company.

What is the vesting schedule for James Chris Auker’s Lantronix (LTRX) RSUs?

The RSUs granted to Auker on November 4, 2025 vest over one year. One half of the shares vest six months after the grant date, and the remaining half vest on the first anniversary, leading to full vesting after this one-year period under the grant terms.

Was this Lantronix (LTRX) Form 4 an open-market stock purchase or sale?

This Form 4 does not report an open-market purchase or sale. Instead, it reflects RSUs converting into 8,540 Lantronix common shares at a stated price of $0.00, which is typical for equity awards that vest as part of a director’s compensation package.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/05/2026 - 04:56 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Auker James Chris

(Last) (First) (Middle)

C/O LANTRONIX

48 DISCOVERY, SUITE 250

(Street)

IRVINE CALIFORNIA 92618

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LANTRONIX INC [ LTRX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/04/2026		M(1)		8,540	A	$0	18,927	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	05/04/2026		M			8,540	(3)	(3)	Common Stock	8,540	$0	8,541	D

Explanation of Responses:

1. Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 4, 2025 (the "Grant Date").

2. RSUs convert into common stock on a one-for-one basis.

3. The RSUs vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date and one half (1/2) of the shares vesting on the first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.

	s/ Brent Stringham, Attorney-in-fact for James C. Auker	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)