LANTRONIX INC 8-K
Research Summary
AI-generated summary
Lantronix Inc. Raises CFO Brent Stringham's Base Salary to $375K
What Happened
Lantronix, Inc. (LTRX) filed a Form 8-K on January 6, 2026 (Item 5.02) reporting an amendment to its CFO Brent Stringham’s letter agreement. Effective January 1, 2026, Mr. Stringham’s annual base salary was increased to $375,000. The amendment is included as Exhibit 10.1 to the filing.
Key Details
- Filing: Form 8-K dated January 6, 2026 (Item 5.02).
- Executive: Brent Stringham, Chief Financial Officer.
- Change: Annual base salary increased to $375,000, effective January 1, 2026.
- Documentation: Amendment to Offer Letter attached as Exhibit 10.1.
Why It Matters
This filing notifies investors of a change in executive compensation for Lantronix’s CFO, which can affect corporate governance disclosure and future operating expenses. The company formally documented the increase in its SEC filing; investors can review Exhibit 10.1 for the full amendment terms.