LANTRONIX CEO Awsare Saleel received 51,336 common shares at $0 per share on 2026-09-01 across separate transactions, while forfeiting 24,973 shares at $5.15 per share. The transactions left him reporting 438,381 shares and 43,519 derivative securities, giving investors updated executive ownership figures.

Key Highlights

  • Awsare Saleel’s reported ownership after the award transactions was 453,502 LANTRONIX shares.
  • The forfeiture transactions covered 24,973 LANTRONIX shares.
  • Option exercises left Saleel with 43,519 derivative securities.

LANTRONIX INC (NASDAQ: LTRX) awarded President and CEO Awsare Saleel 51,336 shares at $0 per share on 1 September 2026. The same date also brought a separate forfeiture record priced at $5.15 per share, and Saleel’s reported share ownership after those transactions stood at 438,381. The reported activity covered both common shares and derivative securities.

Award, Forfeiture and Option Entries

The award entries carried transaction code A, with Saleel’s post-transaction ownership reported at 453,502 shares. Separate forfeiture entries carried code F and covered 24,973 shares, after which his reported share balance was 438,381. Option exercises carried transaction code M and involved 51,336 derivative securities at $0 per share. Saleel’s derivative-security holding after those exercises was 43,519. The award, forfeiture and option-exercise entries were all recorded on 1 September 2026.