Former Lantronix (LTRX) holder TL Stiftung now reports 0% ownership in 13G/A

Rhea-AI Filing Summary

Lantronix Inc. received an amended Schedule 13G from TL Stiftung and Michael Heiss reporting that they now beneficially own 0 shares of its common stock, or 0% of the class. The percentage is calculated against 39,358,610 shares outstanding as of November 1, 2025, as disclosed in Lantronix’s Form 10‑Q.

TL Stiftung is a charitable foundation organized in Germany, and Michael Heiss serves as its Chairman. The filing notes that Mr. Heiss previously had sole voting and dispositive control over TL Stiftung’s Lantronix shares, but the reporting persons now certify no voting, dispositive, or economic ownership. They also state the securities were not acquired or held to change or influence control of Lantronix.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

LANTRONIX INC

(Name of Issuer)

Common Stock, par value $0.0001

(Title of Class of Securities)

516548203

(CUSIP Number)

01/29/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 516548203

1

Names of Reporting Persons

TL Stiftung

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

GERMANY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: For Item 11: Percentage calculated based on 39,358,610 shares of Common Stock, par value $0.0001 per share, outstanding as of November 1, 2025, as reported in the Issuer's Form 10-Q for the quarterly period ended September 30, 2025.

SCHEDULE 13G

CUSIP No. 516548203

1

Names of Reporting Persons

Michael Heiss

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

GERMANY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: For Items 5, 7 and 11: Mr. Heiss previously had sole voting and dispositive control over the shares of the Issuer's common stock held by TL Stiftung through his authority as Chairman of TL Stiftung, as exercised in accordance with the Articles of Incorporation of TL Stiftung. Percentage calculated based on 39,358,610 shares of Common Stock, par value $0.0001 per share, outstanding as of November 1, 2025, as reported in the Issuer's Form 10-Q for the quarterly period ended September 30, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LANTRONIX INC
(b)	Address of issuer's principal executive offices: 48 Discovery, Suite 250, Irvine, California 92618
Item 2.
(a)	Name of person filing: The Statement is filed by TL Stiftung, a charitable foundation formed under the laws of Germany ("TL Stiftung") and Michael Heiss, as Chairman of TL Stiftung.
(b)	Address or principal business office or, if none, residence: Address of principal business office, or, if none residence: The principal office of each of TL Stiftung and Mr. Heiss is Biesingerstr 27 D-72070 Tuebingen, Germany.
(c)	Citizenship: Stiftung is a charitable foundation formed under the laws of Germany and Michael Heiss is a citizen of Germany.
(d)	Title of class of securities: Common Stock, par value $0.0001
(e)	CUSIP No.: 516548203
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information contained on each of the cover pages of this Statement is hereby incorporated by reference herein.
(b)	Percent of class: The information contained on each of the cover pages of this Statement is hereby incorporated by reference herein.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information contained on each of the cover pages of this Statement is hereby incorporated by reference herein.
	(ii) Shared power to vote or to direct the vote: The information contained on each of the cover pages of this Statement is hereby incorporated by reference herein.
	(iii) Sole power to dispose or to direct the disposition of: The information contained on each of the cover pages of this Statement is hereby incorporated by reference herein.
	(iv) Shared power to dispose or to direct the disposition of: The information contained on each of the cover pages of this Statement is hereby incorporated by reference herein.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TL Stiftung

Signature:	/s/ Michael Heiss
Name/Title:	Michael Heiss - Chairman
Date:	02/05/2026

Michael Heiss

Signature:	/s/ Michael Heiss
Name/Title:	Michael Heiss - Chairman
Date:	02/05/2026

FAQ

What does the latest Schedule 13G/A filing for LTRX disclose?

The Schedule 13G/A shows TL Stiftung and Michael Heiss now report 0 shares of Lantronix common stock, or 0% of the class. Their ownership percentage is calculated against 39,358,610 shares outstanding as of November 1, 2025, as cited from Lantronix’s Form 10‑Q.

Who are the reporting persons in Lantronix (LTRX) Schedule 13G/A?

The reporting persons are TL Stiftung, a charitable foundation formed under German law, and Michael Heiss, its Chairman. Both list their principal office at Biesingerstr 27, D‑72070 Tuebingen, Germany, and each now reports no beneficial ownership of Lantronix common stock.

What percentage of Lantronix (LTRX) does TL Stiftung currently own?

TL Stiftung reports beneficial ownership of 0 shares of Lantronix common stock, representing 0% of the class. This percentage is based on 39,358,610 shares outstanding as of November 1, 2025, as referenced from Lantronix’s quarterly report for the period ended September 30, 2025.

What is Michael Heiss’s reported ownership in Lantronix (LTRX)?

Michael Heiss reports beneficial ownership of 0 shares of Lantronix common stock, or 0% of the class. The filing notes he previously had sole voting and dispositive control over TL Stiftung’s Lantronix shares in his role as Chairman, but no such ownership is reported now.

How was the ownership percentage in the Lantronix (LTRX) filing calculated?

The reported 0% ownership for both TL Stiftung and Michael Heiss is calculated using 39,358,610 shares of Lantronix common stock outstanding as of November 1, 2025. That share count comes from Lantronix’s Form 10‑Q for the quarterly period ended September 30, 2025.

What does the certification in the Lantronix (LTRX) Schedule 13G/A state?

The certification states the securities referenced were not acquired and are not held for the purpose or effect of changing or influencing control of Lantronix. It also notes they were not acquired or held in connection with any transaction having that purpose, except nomination activities under Rule 14a‑11.