Form 4: Bernhard Bruscha of Lantronix Sells 49,532 Shares

Bernhard Bruscha, a director and 10% owner of Lantronix, Inc., sold 49,532 shares of common stock at an average price of $4.4738 on September 13, 2024.

Summary

• On September 13, 2024, Bernhard Bruscha, a director and 10% owner of Lantronix Inc., sold 49,532 shares of common stock.
• The sale was executed at a weighted average price of $4.4738 per share, with individual trades ranging from $4.44 to $4.50.
• Following the transaction, Bruscha directly owns 156,454 shares and indirectly owns 5,243,971 shares through TL Investment GmbH, where he serves as managing director.
• He also indirectly owns 22,993 shares through his spouse, but disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a report of a transaction, not an announcement of news. The sale itself could be interpreted in various ways depending on the context.

Industry Context

This is a standard Form 4 filing, reporting an insider transaction. Insider sales can sometimes be interpreted negatively by the market, but without further context, it's difficult to assess the impact.

Stakeholder Impact

• The sale of shares by a significant shareholder could potentially influence investor sentiment.

Key Dates