[Form 4] Lantronix Inc Insider Trading Activity

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.

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

Corporate Governance Expert

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.

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
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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^*

Hoff Kurt W

(Last) (First) (Middle)

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 Revenue 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		84,989		(1)	(1)	Common Stock	84,989	$0	84,989	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 June 1, 2028

	/s/ Brent Stringham, Attorney-in-fact for Kurt Hoff	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.