Lantronix (LTRX) director acquires 9,800 shares; 17,081 RSUs
Lantronix (LTRX) director reported RSU activity and share ownership changes.
Rhea-AI Filing Summary
Lantronix (LTRX) director reported RSU activity and share ownership changes. On 11/03/2025, 9,800 RSUs vested and converted to common stock at $0 (Code M), increasing direct holdings to 221,024 shares. On 11/04/2025, a new award of 17,081 RSUs was reported (Code A), leaving 17,081 RSUs beneficially owned after the transactions.
The reported RSUs were granted on November 5, 2024 and vest half six months after the grant date and half on the first anniversary, converting one-for-one into common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,800 shares exercised/converted
Exercise
3 txns
Insider
PRINTER HOSHI
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,081 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,800 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,800 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 17,081 contracts (Direct);
Common Stock — 221,024 shares (Direct)
Footnotes (3)
- F1. Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 5, 2024 (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.
AI-generated analysis. How Rhea-AI works. Not financial advice.