Director James Chris Auker filed a Form 4 with the SEC on November 4, 2026, disclosing the vesting of 8,541 restricted stock units into common shares of Lantronix Inc on November 2, 2026.

Key Highlights

  • Transaction date: November 2, 2026, with 8,541 shares of common stock acquired via RSU vesting at a price of $0.
  • Reporting person: James Chris Auker, identified as a Director of Lantronix Inc (NASDAQ:LTRX).
  • Post-transaction ownership: Auker beneficially owns 27,468 shares of common stock directly following the reported transaction.
  • RSU balance: Following the vesting, Auker holds 0 remaining RSUs from this grant in Table II.
  • Original grant date: The RSUs were granted on November 4, 2025, and vest in two equal installments of one-half each.
  • Conversion ratio: The RSUs convert into common stock on a one-for-one basis, according to the filing.

Auker RSU Vesting Details: November 2026 Transaction

According to the Form 4 filed with the SEC, Director James Chris Auker received 8,541 shares of Lantronix Inc common stock on November 2, 2026, upon the vesting of restricted stock units originally granted on November 4, 2025. The transaction is coded "M," indicating the acquisition of shares through the conversion or exercise of a derivative security. The price recorded for the transaction is $0, consistent with a standard RSU vesting event.

The filing discloses that the RSUs were structured to vest in two equal installments: one-half of the shares six months following the grant date, and one-half on the first anniversary of the grant date, "such that the RSUs will be fully (100%) vested after one (1) year." The November 2, 2026 vesting represents the second and final installment of that schedule. Following this transaction, the derivative security balance for this particular grant is reported as 0.

After the reported transaction, Auker directly holds 27,468 shares of Lantronix Inc common stock, as stated in Table I of the filing. The Form 4 was signed by Brent Stringham as attorney-in-fact for James C. Auker and filed on November 4, 2026.

What Was Disclosed

The filing reports a single RSU vesting event in which Director James Chris Auker acquired 8,541 shares of Lantronix Inc common stock at $0 on November 2, 2026, leaving him with 27,468 shares of directly held common stock and no remaining RSUs from this grant.