LTRX.NASDAQLantronix INC

Form 4: Lantronix Director Hoshi Printer Reports Stock Transactions

Sentiment:

SEC Form 4


Director Hoshi Printer reports the vesting of restricted stock units and subsequent acquisition of Lantronix common stock.

Summary

  • On November 4, 2024, Hoshi Printer, a director of Lantronix Inc. (LTRX), acquired 8,484 shares of common stock upon the vesting of restricted stock units (RSUs).
  • These RSUs were granted on November 7, 2023, and vest in two tranches: half after six months and the remaining half after one year.
  • Following this transaction, Printer directly owns 161,075 shares of Lantronix common stock.
  • On November 5, 2024, Printer was granted 19,599 Restricted Stock Units.
  • Following this transaction, Printer directly owns 19,599 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine stock transactions. It doesn't inherently convey positive or negative sentiment.

Key Dates

DateDescription
11/07/2023Grant date of the restricted stock units (RSUs).
11/04/2024Date of transaction: vesting of RSUs and acquisition of common stock.
11/05/2024Date of transaction: grant of Restricted Stock Units.
11/06/2024Date of signature on the Form 4 filing.

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