LTRX · Lantronix Inc · Executive Compensation

$6.30 +0.06 (+0.96%) Q4 2026 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$291.44M

46.71M

Volume · Oct 28 468.9K Avg daily vol (3M) 955.12K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2026

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Saleel Awsare	Chief Executive Officer	$500,000	—	$1,208,488	—	$400,000	$6,705	$2,115,193
Brent Stringham	Chief Financial Officer	$340,500	$100,000	$717,879	—	$150,000	$5,136	$1,313,515
Mathi Gurusamy	Chief Product & Strategy Officer	$375,000	—	$596,194	—	$150,000	$5,738	$1,126,932

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Saleel Awsare	Chief Executive Officer	$500,000	$45,334	$892,546	—	—	$4,495	$1,442,375
Kurt Hoff	Chief Revenue Officer	$344,077	$33,334	$340,884	—	—	$6,230	$724,525
Mathi Gurusamy	Chief Product & Strategy Officer	$340,212	$25,000	$327,685	—	—	$5,406	$698,303

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Saleel Awsare	Chief Executive Officer	$298,077	$90,666	$5,488,377	—	$204,167	$5,006	$6,086,293
Jeremy Whitaker	Former Chief Financial Officer	$299,135	—	$534,651	—	$136,500	$2,929	$973,215
Mathi Gurusamy	Chief Product & Strategy Officer	$38,077	$25,000	$792,839	—	—	$381	$856,297
Roger Holliday	Former VP of Worldwide Sales	$280,010	—	$348,680	—	$98,175	$4,050	$730,915
Eric Bass	VP of Engineering	$274,519	—	$348,680	—	$96,250	$4,118	$723,567
Kurt Hoff	Chief Revenue Officer	$103,077	$66,666	$477,685	—	$37,906	$1,853	$687,187

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul Pickle	Former President & CEO	$400,000	—	$943,552	—	—	$4,950	$1,348,502
Eric Bass	VP of Engineering	$100,962	—	$720,369	$230,269	—	$1,442	$1,053,042
Jeremy Whitaker	Former Chief Financial Officer	$255,000	—	$566,130	—	—	$2,784	$823,914
Roger Holliday	Former VP of Worldwide Sales	$251,923	—	$377,422	—	—	$4,879	$634,224

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul Pickle	Former President & CEO	$400,000	—	$389,460	—	$376,829	$6,156	$1,172,445
Jeremy Whitaker	Interim CEO & CFO	$255,000	—	$252,295	—	$155,442	$2,680	$665,417
Fathi Hakam	VP of Engineering	$250,000	—	$183,490	—	$110,832	$4,913	$549,235
Roger Holliday	VP of Worldwide Sales	$250,000	—	$183,490	—	$110,832	$4,913	$549,235

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul Pickle	President & CEO	$400,000	—	$336,000	—	$334,866	$4,044	$1,074,910
Jeremy Whitaker	CFO	$255,000	$21,868	$252,000	—	$138,132	$3,678	$670,678
Roger Holliday	VP of Worldwide Sales	$250,000	$41,510	$189,000	—	$98,490	$4	$582,750

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul Pickle	President & CEO	$400,000	$120,000	$946,769	—	—	$6,508	$1,473,277
Roger Holliday	Vice President of Worldwide Sales	$100,962	—	$314,500	$211,070	—	$1,154	$627,685
Kevin Yoder	Former Vice President of Worldwide Sales	$255,000	—	$113,612	—	$5,924	$48,933	$423,469
Jeremy Whitaker	CFO	$253,654	—	$142,015	—	—	$3,180	$398,849

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Paul Pickle	President & CEO	$92,308	—	$887,500	$1,129,750	—	$692	$2,110,250
Kevin Yoder	Former Vice President of Worldwide Sales	$255,000	—	$266,000	—	$120,039	$4,093	$645,132
Jeremy Whitaker	CFO	$250,000	—	$239,400	—	$70,537	$4,027	$563,964

Executive changes

Person	Role	Change	Effective	Filed
James C. Auker	non-employee director	Appointed	2025-07-08	2025-07-11
Dr. Sailesh Chittipeddi	non-employee director	Appointed	2025-05-06	2025-05-12
Philip Brace	Board of Directors	Resigned	2025-02-05	2025-02-05
Brent Stringham	Chief Financial Officer	Appointed	2025-01-06	2025-01-10
Hoshi Printer	Director	Appointed	2024-11-05	2024-11-06
Kevin Palatnik	Director	Appointed	2024-11-05	2024-11-06
Narbeh Derhacobian	Director	Appointed	2024-11-05	2024-11-06
Philip Brace	Director	Appointed	2024-11-05	2024-11-06
Saleel Awsare	Director	Appointed	2024-11-05	2024-11-06
Brent Stringham	Chief Financial Officer	Appointed	2024-09-14	2024-09-16
Brent Stringham	Chief Accounting Officer	Appointed	2024-09-14	2024-09-16
Jeremy Whitaker	Chief Financial Officer	Resigned	2024-09-13	2024-09-16
Christa Steele	non-employee director	Appointed	2024-01-24	2024-01-25
Saleel Awsare	member of the Board	Appointed	2023-11-20	2023-11-21
Saleel Awsare	President and Chief Executive Officer	Appointed	2023-11-20	2023-11-06
Philip G. Brace	non-employee director	Appointed	2023-08-08	2023-08-07
Jeremy Whitaker	interim Chief Executive Officer	Appointed	2023-06-30	2023-07-03
Paul Pickle	member of the Board	Resigned	—	2023-05-30
Paul Pickle	President and Chief Executive Officer	Resigned	—	2023-05-30
Hoshi Printer	Director	Appointed	2022-11-08	2022-11-09
Heidi Nguyen	Director	Appointed	2022-11-08	2022-11-09
Phu Hoang	Director	Appointed	2022-11-08	2022-11-09
Paul F. Folino	Director	Appointed	2022-11-08	2022-11-09
Jason Cohenour	Director	Appointed	2022-11-08	2022-11-09
Paul Pickle	Director	Appointed	2022-11-08	2022-11-09

Leadership

Jeremy Whitaker CEO
Saleel Awsare CEO, Board Member
Brent Stringham CFO, Chief Accounting Officer
Christa Steele Board Member
Dr. Sailesh Chittipeddi Board Member
James C. Auker Board Member
Jason Lamb Board Member
Kevin Palatnik Board Member
Narbeh Derhacobian Board Member
Paul Pickle Board Member
Philip Brace Board Member
Philip G. Brace Board Member
Sailesh Chittipeddi Board Member

Key facts CIK 1114925 CUSIP 516548203 13F (30d) 10 filings 10 filers Visit website Investor relations