Form 4: Lantronix Director Hoshi Printer Reports Stock Transactions
SEC Form 4
Director Hoshi Printer reports the vesting of restricted stock units and subsequent acquisition of Lantronix common stock.
Summary
- On May 5, 2025, Hoshi Printer, a director of Lantronix Inc. (LTRX), reported the vesting of 9,799 restricted stock units (RSUs) which converted into 9,799 shares of common stock.
- The RSUs were granted on November 5, 2024, and vest in two tranches: half after six months and the remaining half on the first anniversary of the grant date.
- Following the transaction, Printer directly owns 201,224 shares of Lantronix common stock and 9,800 derivative securities (RSUs).
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction affects the ownership structure of Lantronix, but the impact is likely minimal given the size of the transaction relative to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 11/05/2024 | Grant date of restricted stock units (RSUs) |
| 05/05/2025 | Date of RSU vesting and stock acquisition |
| 05/06/2025 | Date of signature on the report |
Keywords
Lantronix, Director, Stock, RSU, LTRX, Printer, Vesting, Ownership, Transaction
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