SEC Form 4 · accession 0001683168-26-005528
LANTRONIX INC · LTRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mathi Gurusamy
Officer — Chief Product & Strategy Ofcr
Period of report
Jul 11, 2026
Accepted (ET)
Jul 14, 2026 · 4:43 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001114925
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 11, 2026 | M | 28,046 | $0.00 | A | 90,868 | D | |
| Common Stock | Jul 11, 2026 | F | 10,062 | $5.60 | D | 80,806 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jul 11, 2026 | M | 28,046 | D | — | — | Common Stock | 28,046 | 56,943 | D |
Explanation of responses
- F1Represents restricted stock units ("RSUs") granted on July 11, 2025. The restricted stock units ("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.
- F2In accordance with the terms of the RSU Agreement, 10,062 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.