[Form 4] Lantronix Inc Insider Trading Activity

Rhea-AI Filing Summary

Bernhard Bruscha, a director of Lantronix, Inc. (LTRX), reported sales and current holdings on Form 4. The filing shows dispositions executed on 09/05/2025: 12,993 shares were sold in multiple trades at a weighted average price of $4.64, and 156,454 shares were also disposed of. The report also states that TL Investment GmbH, for which Mr. Bruscha serves as managing director, directly holds 5,166,471 shares. Mr. Bruscha disclaims beneficial ownership of certain shares held by his spouse except to the extent of any pecuniary interest. The form is signed by an attorney-in-fact on behalf of Mr. Bruscha.

Insights

Securities Analyst

TL;DR: Director executed modest disposals while a related entity retains multi-million share position—disclosure is routine but notable for ownership size.

The Form 4 documents two disposals by or on behalf of Bernhard Bruscha on 09/05/2025 totaling 169,447 shares (12,993 + 156,454) at a reported weighted average sale price of $4.64 for the 12,993-share tranche; the filing explains the 12,993-share sale covered multiple trades. Importantly, TL Investment GmbH, where Mr. Bruscha is managing director, is reported as the direct owner of 5,166,471 shares, which is a material ownership stake disclosed here. The filing includes the standard spousal disclaimer and was executed by an attorney-in-fact. From a compliance and market-disclosure perspective, this is a routine Section 16 filing that updates recent insider transactions and significant indirect ownership.

Corporate Governance Expert

TL;DR: Disclosure is clear and complies with Section 16 formatting; ownership concentration is the most material element.

The Form 4 provides required transparency on insider activity: disposals on 09/05/2025 and an explicit statement that Mr. Bruscha is managing director of TL Investment GmbH, the direct owner of over 5.16 million shares. The explanatory footnotes clarify execution in multiple trades and the spousal ownership disclaimer, which helps prevent misinterpretation of beneficial ownership. No derivative transactions or other atypical arrangements are reported. Impact to shareholders is informational; governance practices appear standard based on the disclosed facts.

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^*

BRUSCHA BERNHARD

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

3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025

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
Common Stock	09/05/2025		S		12,993	D	$4.64(1)	0	I	By spouse(3)
Common Stock								5,166,471	I	By TL Investment GmbH(2)
Common Stock								156,454	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

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $4.64 to $4.65. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. Bernhard Bruscha serves as managing director of TL Investment GmbH, a company formed under the laws of Germany and the direct owner of the subject securities.

3. The Reporting Person disclaims beneficial ownership of shares of the Issuer's common stock held by his spouse, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such reported shares for purposes of Section 16 or for any other purpose.

	/s/ Brent Stringham, Attorney-in-fact for Bernhard Bruscha	09/08/2025
	** 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

What insider transactions were reported for Lantronix (LTRX)?

The Form 4 reports dispositions on 09/05/2025 of 12,993 shares sold at a weighted average price of $4.64 and 156,454 shares disposed of, totaling 169,447 shares.

How many Lantronix shares does TL Investment GmbH hold according to the filing?

The filing states that TL Investment GmbH directly owns 5,166,471 shares of Lantronix common stock.

What role does Bernhard Bruscha have with TL Investment GmbH?

The Form 4 discloses that Bernhard Bruscha serves as managing director of TL Investment GmbH.

Does the reporting person claim ownership of shares held by a spouse?

The reporting person disclaims beneficial ownership of shares held by his spouse except to the extent of any pecuniary interest, per the filing.

When was the Form 4 signed and by whom?

The Form 4 bears the signature of Brent Stringham, Attorney-in-fact for Bernhard Bruscha and is dated 09/08/2025.