SEC Filing Analysis: LANTRONIX INC (LTRX)

Executive Summary

• Trading Significance: Low
• Key Takeaway: A director received a new equity grant and vested existing awards, representing routine, non-market compensation events.
• Market Impact: The transactions are not material and are unlikely to impact the stock price.

Company Information

Field	Value
Company	LANTRONIX INC
Ticker Symbol	LTRX
CIK	0001114925
Industry	Computer Communications Equipment

Insider Information

Field	Value
Name	PRINTER HOSHI
CIK	0001198590
Title/Position	null
Relationship	Director

Transaction Details

This filing reports two key events: a new grant of Restricted Stock Units (RSUs) and the vesting of a prior grant.

1. New RSU Grant

Field	Value
Form Type	4
Transaction Date	2025-11-04
Transaction Code	A (Grant)
Security Type	Restricted Stock Units
Shares Involved	17,081
Price Per Share	$0.00
Total Value	$0 (Grant)

2. RSU Vesting

Field	Value
Transaction Date	2025-11-03
Transaction Code	M (Conversion)
Security Type	Common Stock
Shares Involved	9,800
Price Per Share	$0.00
Shares Owned After	221,024
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	Not applicable (non-market grant)
Shares Transacted (Grant)	17,081
% of Shares Outstanding	0.044%
Post-Transaction Ownership	221,024 shares (0.56% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: Lantronix is a small-cap company with a market capitalization of approximately $190 million. The transactions are related to standard director compensation and are not indicative of new investment decisions by the insider.
• Dilution Impact: The new grant of 17,081 RSUs represents a potential dilution of just 0.044% of the total shares outstanding. This is a negligible impact on existing shareholders.
• Transaction Significance: The events are classified as low significance. They are not open-market purchases or sales, and their size relative to the company's shares outstanding is minimal.

Additional Context

Transaction Notes

• The filing documents two separate compensation-related events: the vesting of 9,800 RSUs into common stock (Code 'M') and a new grant of 17,081 RSUs (Code 'A').
• According to footnotes, the newly granted RSUs will vest over a one-year period.