Lantronix director receives 8,540 vested RSU shares
Lantronix Inc. director Narbeh Derhacobian acquired 8,540 shares of common stock through RSU vesting.
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Form Type
4
Rhea-AI Filing Summary
Lantronix Inc. director Narbeh Derhacobian acquired 8,540 shares of common stock through RSU vesting. On May 4, 2026, restricted stock units converted into common stock on a one-for-one basis. After the transaction, he directly holds 43,139 common shares and 8,541 RSUs. These RSUs were granted on November 4, 2025 and vest in two equal installments, six months and one year after the grant date.
Insider Trade Summary
8,540 shares exercised/converted
Exercise
2 txns
Insider
Derhacobian Narbeh
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 — 43,139 shares (Direct)
Footnotes (3)
- F1. Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 4, 2025 (the "Grant Date").
- F2. RSUs convert into common stock on a one-for-one basis.
- 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
RSUs vested and converted: 8,540 shares
Common stock held after transaction: 43,139 shares
RSUs outstanding after transaction: 8,541 RSUs
+1 more
4 metrics
RSUs vested and converted
8,540 shares
Restricted stock units converting into common stock on May 4, 2026
Common stock held after transaction
43,139 shares
Direct holdings following RSU conversion
RSUs outstanding after transaction
8,541 RSUs
Remaining restricted stock units after 8,540 vested
RSU grant date
November 4, 2025
Grant Date for the reported restricted stock units
Key Terms
Restricted Stock Units, Grant Date, vest, one-for-one basis
4 terms
Restricted Stock Units financial
"Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs")..."
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.
Grant Date financial
"RSUs granted on November 4, 2025 (the "Grant Date")."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
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.
one-for-one basis financial
"RSUs convert into common stock on a one-for-one basis."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lantronix (LTRX) director Narbeh Derhacobian report?
Lantronix director Narbeh Derhacobian reported acquiring 8,540 shares of common stock from vested restricted stock units. The RSUs converted into common stock on a one-for-one basis, increasing his direct holdings to 43,139 shares, with 8,541 RSUs remaining after the transaction.
What is the size of the RSU vesting reported for Lantronix (LTRX)?
The filing shows 8,540 restricted stock units vesting and converting into 8,540 shares of Lantronix common stock. The RSUs convert on a one-for-one basis, meaning each unit becomes one share when vested, with no exercise price involved in this conversion.
When were the Lantronix (LTRX) RSUs granted and how do they vest?
The restricted stock units were granted on November 4, 2025, defined as the Grant Date. They vest in two equal installments: one half of the shares vest six months after the Grant Date and the remaining half on the first anniversary, becoming fully vested after one year.
What does the M transaction code mean in this Lantronix (LTRX) Form 4?
In this Form 4, the M transaction code indicates an exercise or conversion of a derivative security. Here, it reflects restricted stock units converting into common stock, rather than an open-market purchase or sale, consistent with compensation-related RSU vesting for the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
