Saleel Awsare - Nov 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
Nov 1, 2025
Transactions value $
-$367,458
Form type
4
Date filed
11/4/2025, 09:00 PM
Previous filing
Sep 3, 2025
Next filing
Dec 3, 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 2025-11-04 0001733464

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Award $0 +157K +53.83% $0.00 448K Nov 1, 2025 Direct F1
transaction LTRX Common Stock Tax liability -$367K -74.5K -16.64% $4.93 373K Nov 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 -157K -50% $0.00 157K Nov 1, 2025 Common Stock 157K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents inducement restricted stock units ("Inducement RSUs") granted on November 20, 2023. The shares subject to the Inducement RSUs vest according to the following schedule: 1/3rd of the Inducement RSUs shall vest on November 1, 2024, 1/3rd of the Inducement RSUs shall vest on November 1, 2025 and the remaining Inducement RSUs shall vest on November 1, 2026.
F2 In accordance with the terms of the applicable RSU award agreements, 74,535 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.