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LANTRONIX INC — Director's Dealing 2025
Jul 2, 2025
33788_dirs_2025-07-02_b19041b8-649a-4d82-b2de-5ad57a4ebb5c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2025-07-01
Reporting Person: Gurusamy Mathi (*** See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-07-01 | Common Stock | M | 13335 | — | Acquired | 53626 | Direct |
| 2025-07-01 | Common Stock | F | 4771 | $2.82 | Disposed | 48855 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-07-01 | Restricted Stock Units | $ | M | 13335 | Disposed | Common Stock (13335) | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") granted on July 1, 2024. The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on July 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2027
F2: In accordance with the terms of the RSU Agreement, 4,771 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.