Form 4: Bernhard Bruscha of Lantronix Inc. Sells Shares

Bernhard Bruscha, a director of Lantronix Inc., sold shares of common stock in two transactions on September 11 and 12, 2024.

Summary

• Bernhard Bruscha, a director of Lantronix Inc., reported the sale of common stock on September 11 and 12, 2024.
• On September 11, 2024, 47,903 shares were sold at a weighted average price of $4.118 per share.
• On September 12, 2024, 31,630 shares were sold at a weighted average price of $4.323 per share.
• Following these transactions, Bruscha indirectly owns 5,293,503 shares through TL Investment GmbH and directly owns 156,454 shares.
• Additionally, 22,993 shares are held by Bruscha's spouse.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding.

Key Dates