Saleel Awsare - Sep 1, 2025 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
President & CEO, Director
Signature
/s/ Brent Stringham, Attorney-in-fact for Saleel Awsare
Stock symbol
LTRX
Transactions as of
Sep 1, 2025
Transactions value $
-$10,357
Form type
4
Date filed
9/3/2025, 08:09 PM
Previous filing
Jul 15, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Awsare Saleel President & CEO, Director C/O LANTRONIX, INC., 48 DISCOVERY SUITE 250, IRVINE /s/ Brent Stringham, Attorney-in-fact for Saleel Awsare 2025-09-03 0001733464

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Award $0 +5.83K +2.03% $0.00 293K Sep 1, 2025 Direct F1
transaction LTRX Common Stock Tax liability -$10.4K -2.08K -0.71% $4.97 291K Sep 1, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LTRX Restricted Stock Units Options Exercise $0 -5.83K -12.5% $0.00 40.8K Sep 1, 2025 Common Stock 5.83K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 applicable RSU award agreements, 2,084 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.