STOCK TITAN

[Form 4] Lantronix Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Lantronix, Inc. (LTRX) – Form 4 insider filing

Chief Product & Strategy Officer Mathi Gurusamy was granted 84,989 restricted stock units (RSUs) on 11 Jul 2025. One-third of the award vests on 11 Jul 2026; the remaining two-thirds vest quarterly starting 1 Sep 2026, with full vesting by 1 Jun 2028. No shares were sold or purchased for cash, and the exercise price is $0. After the transaction, the officer directly holds 84,989 derivative securities.

The filing reflects routine equity compensation designed to align the executive’s interests with shareholders over a three-year horizon. When settled, the RSUs will convert into an equal number of common shares, modestly increasing outstanding share count but creating no immediate cash outflow or market impact.

Lantronix, Inc. (LTRX) – Comunicazione interna Form 4

Il Chief Product & Strategy Officer Mathi Gurusamy ha ricevuto 84.989 unità azionarie vincolate (RSU) l'11 luglio 2025. Un terzo del premio maturerà l'11 luglio 2026; i restanti due terzi matureranno trimestralmente a partire dal 1° settembre 2026, con piena maturazione entro il 1° giugno 2028. Non sono state vendute né acquistate azioni in contanti, e il prezzo di esercizio è pari a 0$. Dopo la transazione, l'amministratore detiene direttamente 84.989 titoli derivati.

La comunicazione riflette una normale politica di compenso azionario volta ad allineare gli interessi dell'esecutivo con quelli degli azionisti su un orizzonte di tre anni. Al momento della liquidazione, le RSU si convertiranno in un numero pari di azioni ordinarie, aumentando leggermente il numero di azioni in circolazione senza generare un esborso di cassa immediato o impatto sul mercato.

Lantronix, Inc. (LTRX) – Presentación interna Formulario 4

El Director de Producto y Estrategia, Mathi Gurusamy, recibió 84,989 unidades restringidas de acciones (RSUs) el 11 de julio de 2025. Un tercio del premio se consolida el 11 de julio de 2026; los dos tercios restantes se consolidan trimestralmente a partir del 1 de septiembre de 2026, con consolidación total para el 1 de junio de 2028. No se vendieron ni compraron acciones por efectivo, y el precio de ejercicio es $0. Después de la transacción, el ejecutivo posee directamente 84,989 valores derivados.

La presentación refleja una compensación accionaria rutinaria diseñada para alinear los intereses del ejecutivo con los de los accionistas en un horizonte de tres años. Al liquidarse, las RSUs se convertirán en un número igual de acciones comunes, incrementando modestamente el número de acciones en circulación sin generar un desembolso de efectivo inmediato ni impacto en el mercado.

Lantronix, Inc. (LTRX) – 내부자 보고서 Form 4

최고 제품 및 전략 책임자 Mathi Gurusamy가 2025년 7월 11일에 84,989개의 제한 주식 단위(RSU)를 부여받았습니다. 상금의 3분의 1은 2026년 7월 11일에 권리가 발생하며, 나머지 3분의 2는 2026년 9월 1일부터 분기별로 권리가 발생하여 2028년 6월 1일까지 완전히 권리가 확정됩니다. 주식은 현금으로 매매되지 않았으며, 행사 가격은 0달러입니다. 거래 후 해당 임원은 직접 84,989개의 파생 증권을 보유하게 됩니다.

이번 보고는 임원의 이익을 주주와 3년 기간 동안 일치시키기 위한 일상적인 주식 보상 방식을 반영합니다. RSU가 정산되면 동일한 수의 보통주로 전환되어 발행 주식 수가 소폭 증가하지만 즉각적인 현금 유출이나 시장 영향은 없습니다.

Lantronix, Inc. (LTRX) – Déclaration d’initié Formulaire 4

Le Chief Product & Strategy Officer Mathi Gurusamy s’est vu attribuer 84 989 unités d’actions restreintes (RSU) le 11 juillet 2025. Un tiers de la récompense devient acquis le 11 juillet 2026 ; les deux tiers restants deviennent acquis trimestriellement à partir du 1er septembre 2026, avec une acquisition complète au 1er juin 2028. Aucune action n’a été vendue ou achetée en espèces, et le prix d’exercice est de 0 $. Après la transaction, le dirigeant détient directement 84 989 titres dérivés.

Cette déclaration reflète une rémunération en actions de routine visant à aligner les intérêts du dirigeant avec ceux des actionnaires sur un horizon de trois ans. Lors du règlement, les RSU seront converties en un nombre égal d’actions ordinaires, augmentant légèrement le nombre d’actions en circulation sans générer de sortie de trésorerie immédiate ni d’impact sur le marché.

Lantronix, Inc. (LTRX) – Insider-Meldung Form 4

Chief Product & Strategy Officer Mathi Gurusamy wurden am 11. Juli 2025 84.989 Restricted Stock Units (RSUs) gewährt. Ein Drittel der Zuteilung wird am 11. Juli 2026 fällig; die restlichen zwei Drittel werden ab dem 1. September 2026 vierteljährlich fällig, mit vollständiger Fälligkeit zum 1. Juni 2028. Es wurden keine Aktien verkauft oder bar gekauft, der Ausübungspreis beträgt 0 $. Nach der Transaktion hält der Manager direkt 84.989 derivative Wertpapiere.

Die Meldung spiegelt eine routinemäßige Aktienvergütung wider, die darauf abzielt, die Interessen des Vorstands über einen Zeitraum von drei Jahren mit denen der Aktionäre in Einklang zu bringen. Bei der Abrechnung werden die RSUs in eine gleiche Anzahl von Stammaktien umgewandelt, was die Anzahl der ausstehenden Aktien geringfügig erhöht, jedoch keinen unmittelbaren Mittelabfluss oder Markteinfluss verursacht.

Positive
  • Long-term vesting schedule ties executive compensation to multi-year performance, promoting alignment with shareholder interests.
Negative
  • Future dilution will add 84,989 shares to the float once RSUs settle, though the amount appears immaterial.

Insights

TL;DR: Routine RSU grant to officer; minimal short-term impact.

The Form 4 discloses a standard equity incentive: 84,989 RSUs to Chief Product & Strategy Officer Mathi Gurusamy. The award vests over 35 months, encouraging retention and long-term focus. No open-market buying or selling occurred, so liquidity and float are unchanged today. While the eventual share issuance is slightly dilutive, the size is immaterial relative to typical daily volume and total shares outstanding. Investors should view this as normal executive compensation rather than a signal of insider sentiment.

Lantronix, Inc. (LTRX) – Comunicazione interna Form 4

Il Chief Product & Strategy Officer Mathi Gurusamy ha ricevuto 84.989 unità azionarie vincolate (RSU) l'11 luglio 2025. Un terzo del premio maturerà l'11 luglio 2026; i restanti due terzi matureranno trimestralmente a partire dal 1° settembre 2026, con piena maturazione entro il 1° giugno 2028. Non sono state vendute né acquistate azioni in contanti, e il prezzo di esercizio è pari a 0$. Dopo la transazione, l'amministratore detiene direttamente 84.989 titoli derivati.

La comunicazione riflette una normale politica di compenso azionario volta ad allineare gli interessi dell'esecutivo con quelli degli azionisti su un orizzonte di tre anni. Al momento della liquidazione, le RSU si convertiranno in un numero pari di azioni ordinarie, aumentando leggermente il numero di azioni in circolazione senza generare un esborso di cassa immediato o impatto sul mercato.

Lantronix, Inc. (LTRX) – Presentación interna Formulario 4

El Director de Producto y Estrategia, Mathi Gurusamy, recibió 84,989 unidades restringidas de acciones (RSUs) el 11 de julio de 2025. Un tercio del premio se consolida el 11 de julio de 2026; los dos tercios restantes se consolidan trimestralmente a partir del 1 de septiembre de 2026, con consolidación total para el 1 de junio de 2028. No se vendieron ni compraron acciones por efectivo, y el precio de ejercicio es $0. Después de la transacción, el ejecutivo posee directamente 84,989 valores derivados.

La presentación refleja una compensación accionaria rutinaria diseñada para alinear los intereses del ejecutivo con los de los accionistas en un horizonte de tres años. Al liquidarse, las RSUs se convertirán en un número igual de acciones comunes, incrementando modestamente el número de acciones en circulación sin generar un desembolso de efectivo inmediato ni impacto en el mercado.

Lantronix, Inc. (LTRX) – 내부자 보고서 Form 4

최고 제품 및 전략 책임자 Mathi Gurusamy가 2025년 7월 11일에 84,989개의 제한 주식 단위(RSU)를 부여받았습니다. 상금의 3분의 1은 2026년 7월 11일에 권리가 발생하며, 나머지 3분의 2는 2026년 9월 1일부터 분기별로 권리가 발생하여 2028년 6월 1일까지 완전히 권리가 확정됩니다. 주식은 현금으로 매매되지 않았으며, 행사 가격은 0달러입니다. 거래 후 해당 임원은 직접 84,989개의 파생 증권을 보유하게 됩니다.

이번 보고는 임원의 이익을 주주와 3년 기간 동안 일치시키기 위한 일상적인 주식 보상 방식을 반영합니다. RSU가 정산되면 동일한 수의 보통주로 전환되어 발행 주식 수가 소폭 증가하지만 즉각적인 현금 유출이나 시장 영향은 없습니다.

Lantronix, Inc. (LTRX) – Déclaration d’initié Formulaire 4

Le Chief Product & Strategy Officer Mathi Gurusamy s’est vu attribuer 84 989 unités d’actions restreintes (RSU) le 11 juillet 2025. Un tiers de la récompense devient acquis le 11 juillet 2026 ; les deux tiers restants deviennent acquis trimestriellement à partir du 1er septembre 2026, avec une acquisition complète au 1er juin 2028. Aucune action n’a été vendue ou achetée en espèces, et le prix d’exercice est de 0 $. Après la transaction, le dirigeant détient directement 84 989 titres dérivés.

Cette déclaration reflète une rémunération en actions de routine visant à aligner les intérêts du dirigeant avec ceux des actionnaires sur un horizon de trois ans. Lors du règlement, les RSU seront converties en un nombre égal d’actions ordinaires, augmentant légèrement le nombre d’actions en circulation sans générer de sortie de trésorerie immédiate ni d’impact sur le marché.

Lantronix, Inc. (LTRX) – Insider-Meldung Form 4

Chief Product & Strategy Officer Mathi Gurusamy wurden am 11. Juli 2025 84.989 Restricted Stock Units (RSUs) gewährt. Ein Drittel der Zuteilung wird am 11. Juli 2026 fällig; die restlichen zwei Drittel werden ab dem 1. September 2026 vierteljährlich fällig, mit vollständiger Fälligkeit zum 1. Juni 2028. Es wurden keine Aktien verkauft oder bar gekauft, der Ausübungspreis beträgt 0 $. Nach der Transaktion hält der Manager direkt 84.989 derivative Wertpapiere.

Die Meldung spiegelt eine routinemäßige Aktienvergütung wider, die darauf abzielt, die Interessen des Vorstands über einen Zeitraum von drei Jahren mit denen der Aktionäre in Einklang zu bringen. Bei der Abrechnung werden die RSUs in eine gleiche Anzahl von Stammaktien umgewandelt, was die Anzahl der ausstehenden Aktien geringfügig erhöht, jedoch keinen unmittelbaren Mittelabfluss oder Markteinfluss verursacht.

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).
1. Name and Address of Reporting Person*
Stringham Brent Michael

(Last) (First) (Middle)
C/O LANTRONIX, INC
48 DISCOVERY SUITE 250

(Street)
IRVINE CA 92618

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LANTRONIX INC [ LTRX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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 (1) 07/11/2025 A 102,336 (1) (1) Common Stock 102,336 $0 102,336 D
Explanation of Responses:
1. The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on September 1, 2028.
/s/ Brent Stringham 07/15/2025
** 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.

FAQ

How many RSUs did Lantronix (LTRX) grant to the officer?

The Form 4 reports 84,989 restricted stock units granted to Chief Product & Strategy Officer Mathi Gurusamy.

When do the LTRX RSUs vest?

1/3 vests on 07/11/2026; the remainder vests quarterly from 09/01/2026, fully vesting on 06/01/2028.

Did the insider buy or sell any Lantronix common shares?

No. The filing shows an equity grant only; no open-market purchases or sales were reported.

What is the role of the reporting person at Lantronix?

Mathi Gurusamy is the company’s Chief Product & Strategy Officer.

Will the RSU grant affect Lantronix’s share count?

Yes. Once vested and settled, the RSUs convert into 84,989 additional common shares, causing slight dilution.
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