Form 4: Bernhard Bruscha of Lantronix Inc. Reports Share Disposal
SEC Form 4
Bernhard Bruscha, a director of Lantronix Inc., reported the disposal of 25,000 shares of common stock at an average price of $4.1679 on September 30, 2024.
Summary
- On September 30, 2024, Bernhard Bruscha, a director of Lantronix Inc., disposed of 25,000 shares of common stock.
- The transaction was executed at a weighted average price of $4.1679 per share, with prices ranging from $4.16 to $4.18.
- Following the transaction, Bruscha directly owns 156,454 shares and indirectly owns 5,218,971 shares through TL Investment GmbH and 22,993 shares through his spouse.
- Bruscha disclaims beneficial ownership of shares held by his spouse, except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of the transaction where 25,000 shares of common stock were disposed of. |
| 10/01/2024 | Date of signature for the Form 4 filing. |
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