Gurusamy Mathi exercised Options for 33,762 LANTRIX shares at $0 per share on 2026-09-01. The activity matters to investors because his reported holdings stood at 99,081 shares after forfeitures, alongside 21,469 derivative securities, while the forfeited block totaled 15,487 shares at $5.15 per share.

Key Highlights

  • Mathi forfeited 15,487 LANTRONIX shares at $5.15 per share across two transactions.
  • His reported share ownership was 106,116 after the option exercises.
  • Mathi held 21,469 derivative securities after the related exercises.

Mathi serves as the company’s Chief Product and Strategy Officer. The same transaction activity separately covered 33,762 derivative securities across four exercises, also at $0 per share.

The entries identify both the share and derivative-security exercises as transaction code M. The share exercises left Mathi with reported ownership of 106,116 shares. Separate transactions on 1 September 2026 involved the forfeiture of 15,487 shares at $5.15 per share, with those entries carrying transaction code F. His reported share ownership following the forfeitures was 99,081. The transaction record also states that Mathi owned 21,469 derivative securities following the option exercises.

Investor Insights

The four exercise transactions therefore covered both LANTRONIX (NASDAQ: LTRX) common shares and derivative securities, with ownership reported separately for each category. Mathi’s share position was listed at 99,081 after the forfeiture activity, while the derivative-security position was listed at 21,469 after the related exercises.