Form 4: Lantronix Director Jason Cohenour Reports Stock Transactions
SEC Form 4 Filing
Director Jason Cohenour reports the vesting of restricted stock units and subsequent disposal of shares.
Summary
- On November 4, 2024, Jason Cohenour, a director of Lantronix Inc., reported the vesting of 8,484 restricted stock units (RSUs) which converted into common stock.
- Following the vesting, Cohenour disposed of 8,484 shares of common stock at a price of $0.
- After these transactions, Cohenour beneficially owns 50,877 shares of Lantronix common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director, with no inherent positive or negative implications.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the trading activities of Lantronix's director.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 11/07/2023 | Grant Date of the restricted stock units |
| 11/04/2024 | Date of transaction: vesting of RSUs and disposal of shares |
| 11/06/2024 | Date of signature on the Form 4 filing |
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