LTRX · Lantronix Inc · Insider Trading

This transaction was executed in multiple trades at prices ranging from $5.17 to $5.18. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 18,463 shares vest on September 1, 2026 and the remaining 25,852 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

In accordance with the terms of the applicable RSUs with performance-based vesting requirements award agreements, 15,121 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

Represents RSUs granted on June 1, 2024. The RSUs shall vest such that one-third (1/3) of the shares vest on June 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.

Represents outstanding restricted stock units ("RSUs") granted on October 3, 2023. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through September 1, 2026. Each RSU represents the right to receive one share of the issuer's common stock.

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 31,083 shares vest on September 1, 2026 and the remaining 43,519 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

In accordance with the terms of the RSU Agreement, 8,452 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

In accordance with the terms of the applicable RSUs with performance-based vesting requirements award agreements, 6,992 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents outstanding restricted stock units ("RSUs") granted on October 3, 2023. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through September 1, 2026. Each RSU represents the right to receive one share of the issuer's common stock.

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents RSUs granted on March 5, 2024. The RSUs shall vest such that one-third (1/3) of the shares vest on March 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on June 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on March 1, 2027.

In accordance with the terms of the applicable RSU award agreements, 9,852 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 31,083 shares vest on September 1, 2026 and the remaining 43,519 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 15,335 shares vest on September 1, 2026 and the remaining 21,469 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents restricted stock units ("RSUs") granted on July 1, 2024. The 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.

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 15,335 shares vest on September 1, 2026 and the remaining 21,469 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

In accordance with the terms of the applicable RSUs with performance-based vesting requirements award agreements, 8,101 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

In accordance with the terms of the applicable RSU award agreements, 5,415 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

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.

In accordance with the terms of the RSU Agreement, 7,197 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

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.

Represents restricted stock units ("RSUs") granted on July 1, 2024. The 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.

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 15,335 shares vest on September 1, 2026 and the remaining 21,469 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 18,463 shares vest on September 1, 2026 and the remaining 25,852 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents outstanding RSUs granted on October 1, 2024. The RSUs shall vest such that one-third (1/3) of the shares vest on September 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on December 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on September 1, 2027. Each RSU represents the right to receive one share of the issuer's common stock.

Represents RSUs granted on March 5, 2024. The RSUs shall vest such that one-third (1/3) of the shares vest on March 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on June 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on March 1, 2027.

On July 11, 2025, the reporting person was granted RSUs with performance-based vesting requirements. The number of RSUs that were eligible to vest based on certain earnings per share targets and revenue targets for fiscal 2026 shall vest such that 15,335 shares vest on September 1, 2026 and the remaining 21,469 shares vest quarterly thereafter beginning December 1, 2026 such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

Represents restricted stock units ("RSUs") granted on July 1, 2024. The 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.

Represents RSUs granted on July 11, 2025. The RSUs shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

In accordance with the terms of the applicable RSUs with performance-based vesting requirements award agreements, 7,035 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

Represents RSUs granted on June 1, 2024. The RSUs shall vest such that one-third (1/3) of the shares vest on June 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.

Represents outstanding RSUs granted on October 1, 2024. The RSUs shall vest such that one-third (1/3) of the shares vest on September 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on December 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on September 1, 2027. Each RSU represents the right to receive one share of the issuer's common stock.

Represents restricted stock units ("RSUs") granted on July 1, 2024. The 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.

The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on August 26, 2027 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2027, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2029.

The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on August 26, 2027 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2027, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2029.

The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on August 26, 2027 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2027, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2029.

The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on August 26, 2027 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2027, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2029.

On August 25, 2026, the reporting person transferred 58,016 shares of common stock to the Printer Family Trust for no consideration. The reporting person and his spouse are the trustees of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the shares held by the trust.

On August 25, 2026, the reporting person transferred 58,016 shares of common stock to the Printer Family Trust for no consideration. The reporting person and his spouse are the trustees of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the shares held by the trust.

On August 7, 2026, the reporting person transferred 34,558 shares of common stock to the Printer Family Trust for no consideration. The reporting person and his spouse are the trustees of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the shares held by the trust.

On August 7, 2026, the reporting person transferred 34,558 shares of common stock to the Printer Family Trust for no consideration. The reporting person and his spouse are the trustees of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the shares held by the trust.

Represents restricted stock units ("RSUs") granted on July 11, 2025. The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.

In accordance with the terms of the applicable RSU award agreements, 14,818 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.

Represents restricted stock units ("RSUs") granted on July 11, 2025. The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on July 11, 2026 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2026, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2028.