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LANTRONIX INC — Director's Dealing 2026
Mar 3, 2026
33788_dirs_2026-03-03_f399699d-3870-490e-af48-faf143496f18.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: 2026-03-01
Reporting Person: Gurusamy Mathi (Chief Product & Strategy Ofcr)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2026-03-01 | Common Stock | M | 3334 | — | Acquired | 66717 | Direct |
| 2026-03-01 | Common Stock | M | 7974 | — | Acquired | 74691 | Direct |
| 2026-03-01 | Common Stock | F | 4655 | $5.98 | Disposed | 70036 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2026-03-01 | Restricted Stock Units | $ | M | 3334 | Disposed | Common Stock (3334) | Direct | |
| 2026-03-01 | Restricted Stock Units | $ | M | 7974 | Disposed | Common Stock (7974) | 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: Represents restricted stock units ("RSUs") granted on June 1, 2024. The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on June 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.
F3: In accordance with the terms of the RSU Agreement, 4,655 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.