Awsare Saleel 4
4 · LANTRONIX INC · Filed Sep 3, 2025
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Awsare Saleel
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2025-09-01$4.97/sh−2,084$10,357→ 291,208 total - Award
Common Stock
2025-09-01+5,825→ 293,292 total - Exercise/Conversion
Restricted Stock Units
2025-09-01−5,825→ 40,774 total→ Common Stock (5,825 underlying)
Footnotes (2)
- [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.