Form 4: Lantronix Director Hoshi Printer Increases Stake with $40,492 Purchase
SEC Form 4 Filing
Director Hoshi Printer increased their holdings in Lantronix Inc. (LTRX) by purchasing 15,000 shares of common stock at an average price of $2.6995 on March 5, 2025.
Summary
- On March 5, 2025, Hoshi Printer, a director of Lantronix Inc. (LTRX), purchased 15,000 shares of common stock.
- The purchase was executed in multiple trades at prices ranging from $2.69 to $2.70, with a weighted average price of $2.6995 per share.
- The total value of the purchase was approximately $40,492.50.
- Following the transaction, Hoshi Printer directly owns 191,425 shares of Lantronix common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director buying shares is generally a good sign, but the purchase is relatively small and doesn't provide a strong signal.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider buying is often monitored by investors as an indicator of management's confidence in the company's prospects. It can be a positive signal, especially when compared to insider selling.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholders, as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the transaction: Hoshi Printer purchased 15,000 shares of Lantronix (LTRX) common stock. |
| 03/06/2025 | Date of the signature on the Form 4 filing. |
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