Kurt W. Hoff - Sep 1, 2025 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Chief Revenue Officer
Signature
/s/ Brent Stringham, Attorney-in-fact for Kurt W. Hoff
Stock symbol
LTRX
Transactions as of
Sep 1, 2025
Transactions value $
-$13,180
Form type
4
Date filed
9/3/2025, 08:12 PM
Previous filing
Jul 15, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hoff Kurt W Chief Revenue Officer C/O LANTRONIX, INC., 48 DISCOVERY SUITE 250, IRVINE /s/ Brent Stringham, Attorney-in-fact for Kurt W. Hoff 2025-09-03 0001404942

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Options Exercise $0 +3.47K +13.06% $0.00 30K Sep 1, 2025 Direct F1
transaction LTRX Common Stock Options Exercise $0 +5.2K +17.32% $0.00 35.2K Sep 1, 2025 Direct F2
transaction LTRX Common Stock Tax liability -$13.2K -2.65K -7.53% $4.97 32.6K Sep 1, 2025 Direct F3

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 -3.47K -12.5% $0.00 24.3K Sep 1, 2025 Common Stock 3.47K Direct F1
transaction LTRX Restricted Stock Units Options Exercise $0 -5.2K -14.29% $0.00 31.2K Sep 1, 2025 Common Stock 5.2K Direct F1, F2
* 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 Represents restricted stock units ("RSUs") granted on March 5, 2024. The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on March 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on June 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on March 1, 2027.
F3 In accordance with the terms of the RSU Agreement, 2,652 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.