Lantronix director gifts shares to family trust
Lantronix Inc. director PRINTER HOSHI reported a non-market transfer of common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Lantronix Inc. director PRINTER HOSHI reported a non-market transfer of common stock. On August 7, 2026, he made a bona fide gift of 34,558 shares of common stock to the Printer Family Trust for no consideration. Following the transfer, he directly holds 195,006 shares and is the beneficial owner of an additional 34,558 shares held indirectly through the Printer Family Trust, where he and his spouse are trustees and his immediate family are beneficiaries.
Insider Trade Summary
69,116 shares gifted
Gift
2 txns
Insider
PRINTER HOSHI
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 34,558 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 34,558 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 195,006 shares (Direct);
Common Stock — 34,558 shares (Indirect, By Printer Family Trust)
Footnotes (1)
- F1. On August 7, 2026, the reporting person transferred 34,558 shares of common stock to the Printer Family Trust for no consideration. The reporting person and his spouse are the trustees of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the shares held by the trust.
Key Figures
Shares gifted to trust: 34,558 shares
Direct holdings after transaction: 195,006 shares
Indirect holdings after transaction: 34,558 shares
+2 more
5 metrics
Shares gifted to trust
34,558 shares
Common stock transferred to the Printer Family Trust on August 7, 2026
Direct holdings after transaction
195,006 shares
Common stock directly owned by PRINTER HOSHI following the gift
Indirect holdings after transaction
34,558 shares
Common stock held indirectly through the Printer Family Trust after the gift
Total gifted shares reported
69,116 shares
Aggregate gift shares in the filing’s transaction summary
Gift transaction price
$0.0000 per share
Transfer to the Printer Family Trust for no consideration
Key Terms
Bona fide gift, beneficial owner, indirect ownership, Printer Family Trust
4 terms
Bona fide gift financial
"The transaction code description is "Bona fide gift" for the share transfer."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial owner financial
"The reporting person remains the beneficial owner of the shares held by the trust."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirect ownership financial
"Shares are held indirectly with nature of ownership listed as By Printer Family Trust."
Printer Family Trust financial
"Transferred 34,558 shares of common stock to the Printer Family Trust for no consideration."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LANTRONIX INC (LTRX) report for PRINTER HOSHI?
LANTRONIX INC reported that director PRINTER HOSHI made a bona fide gift of common stock on August 7, 2026. He transferred shares to the Printer Family Trust, changing how his holdings are structured but remaining the beneficial owner of those shares.
What are PRINTER HOSHI’s Lantronix (LTRX) holdings after the reported gift?
After the transactions, PRINTER HOSHI directly owns 195,006 shares of Lantronix common stock and indirectly owns 34,558 shares through the Printer Family Trust. He remains the beneficial owner of the shares held by the trust.
Did the Lantronix (LTRX) insider transaction involve a sale in the market?
No, the reported Lantronix transaction was a bona fide gift, not an open-market sale. PRINTER HOSHI transferred 34,558 shares to the Printer Family Trust for no consideration, and he continues as beneficial owner of the trust’s shares.
Was the Lantronix (LTRX) insider gift made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox was not marked, and there is no footnote stating the gift was made under a trading plan. The transaction is described simply as a bona fide gift to the Printer Family Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
