Lantronix: 10% Owner Bruscha Bernhard Sells 10,000 Shares at $5.03/Share

Thursday, Sep 4, 2025 8:12 pm ET1min read

Lantronix Inc. [LTRX] announced that 10% shareholder Bruscha Bernard has disposed of 10,000 shares at a price of $5.03 per share on September 2, 2025.

Lantronix Inc. [LTRX] reported that 10% shareholder Bruscha Bernard disposed of 10,000 shares at a price of $5.03 per share on September 2, 2025 [1]. This transaction follows a period of scheduled RSU vesting for executive Mathi Gurusamy, who reported a total of 11,310 shares vesting on September 1, 2025, with a tax-withholding disposition of 4,046 shares at $4.97 per share [2].

The shareholder disposition, while significant, is a routine event and does not indicate any immediate changes in the company's financial outlook. The disposal of shares by Bernard, a major shareholder, may suggest a strategic move or a personal financial decision, but it does not provide any direct insight into the company's operational performance or future prospects.

The overall impact on the share count is minor, given the total outstanding shares are not provided in the filing. The company's corporate governance appears to be in compliance with regulatory requirements, as the RSU vesting and tax withholding have been executed as per the agreements [2].

Investors should closely monitor the company's financial performance and any upcoming filings for further insights into its operational health and future prospects.

References:
[1] https://www.stocktitan.net/sec-filings/LTRX/form-4-lantronix-inc-insider-trading-activity-287495947efb.html
[2] https://www.stocktitan.net/sec-filings/LTRX/form-4-lantronix-inc-insider-trading-activity-287495947efb.html

Lantronix: 10% Owner Bruscha Bernhard Sells 10,000 Shares at $5.03/Share

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