Gurusamy Mathi 4

What Happened Gurusamy Mathi, Chief Product & Strategy Officer of Lantronix, reported an open-market sale of 14,467 shares on March 13, 2026. The filing reports a weighted-average price of $6.21 per share for total proceeds of approximately $89,840. Sales by executives are commonly routine liquidity transactions and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: March 13, 2026 (reporting period: 2026-03-13).
• Transaction type/code: Sale (S) — open market or private sale.
• Shares sold: 14,467; reported weighted-average price: $6.21; reported proceeds: ~$89,840.
• Price range (footnote): trades executed at $6.21–$6.28; $6.21 is the weighted average reported. The filer offers to provide detailed trade-by-trade info on request.
• Shares owned after the transaction: not specified in the Form 4 filing.
• Filing timeliness: filed the same day as the transaction (no late filing indicated).

Context This was a straightforward sale of already-owned shares (no option exercise, award, or gift involved). For retail investors, purchases tend to be more informative of insider conviction; routine sales like this are often for diversification or personal liquidity needs.