Saleel Awsare - 01 Sep 2026 Form 4 Insider Report for LANTRONIX INC (LTRX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Sep 2026, 16:13:02 UTC
Prior SEC filing
28 Aug 2026
Next SEC filing
09 Sep 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brent Stringham, Attorney-in-fact for Saleel Awsare

Key filing fact

Saleel Awsare filed Form 4 for LANTRONIX INC (LTRX) on 03 Sep 2026.

Key facts

  • This page summarizes Saleel Awsare's Form 4 filing for LANTRONIX INC (LTRX).
  • 8 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Sep 2026, 16:13.

Change

  • Previous filing in this sequence was filed on 28 Aug 2026.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001733464 Primary reporting owner

Awsare Saleel

Relationship
President & CEO, Director
Address
C/O LANTRONIX, INC., 48 DISCOVERY, SUITE 250, IRVINE
Signature
/s/ Brent Stringham, Attorney-in-fact for Saleel Awsare
Signature date
03 Sep 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LTRX transaction

Common Stock

Award

Transaction value
Shares
+5,825
Change %
+1.4%
Price
$0.000000*
Shares after
417,843
Date
01 Sep 2026
Ownership
Direct
Footnotes
F1
LTRX transaction

Common Stock

Award

Transaction value
Shares
+14,428
Change %
+3.5%
Price
$0.000000*
Shares after
432,271
Date
01 Sep 2026
Ownership
Direct
Footnotes
F2
LTRX transaction

Common Stock

Tax liability

Transaction value
Shares
-9,852
Change %
-2.3%
Price
$5.15*
Shares after
422,419
Date
01 Sep 2026
Ownership
Direct
Footnotes
F3
LTRX transaction

Common Stock

Award

Transaction value
Shares
+31,083
Change %
+7.4%
Price
$0.000000*
Shares after
453,502
Date
01 Sep 2026
Ownership
Direct
Footnotes
F4
LTRX transaction

Common Stock

Tax liability

Transaction value
Shares
-15,121
Change %
-3.3%
Price
$5.15*
Shares after
438,381
Date
01 Sep 2026
Ownership
Direct
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LTRX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-5,825
Change %
-25%
Price
$0.000000*
Shares after
17,475
Date
01 Sep 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,824
Exercise price
Footnotes
F1
LTRX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-14,428
Change %
-13%
Price
$0.000000*
Shares after
100,995
Date
01 Sep 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,428
Exercise price
Footnotes
F2
LTRX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-31,083
Change %
-42%
Price
$0.000000*
Shares after
43,519
Date
01 Sep 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
31,083
Exercise price
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents restricted stock units ("RSUs") granted on July 1, 2024. The 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.

Footnote F2

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Footnote F3

In accordance with the terms of the applicable RSU award agreements, 9,852 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

Footnote F4

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 31,083 shares vest on September 1, 2026 and the remaining 43,519 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Footnote F5

In accordance with the terms of the applicable RSUs with performance-based vesting requirements award agreements, 15,121 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

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