LTRX 8-K: Board change

Filed with the SEC on · accession 0001683168-26-008354

LTRX filed a 8-K (current report) with the SEC on Nov 5, 2026. Lantronix held its annual meeting on November 3, 2026, where stockholders elected five directors (Saleel Awsare, Sailesh Chittipeddi, Narbeh Derhacobian, Jason Lamb, and Kevin Palatnik), ratified Baker Tilly US, LLP as auditor, approved executive compensation on an advisory basis, and approved an…

Summary of the filing

Lantronix held its annual meeting on November 3, 2026, where stockholders elected five directors (Saleel Awsare, Sailesh Chittipeddi, Narbeh Derhacobian, Jason Lamb, and Kevin Palatnik), ratified Baker Tilly US, LLP as auditor, approved executive compensation on an advisory basis, and approved an amendment to the 2020 Performance Incentive Plan increasing the share reserve by 1,800,000 shares.

Key details

Increase in shares reserved under 2020 Performance Incentive Planshares 1.8M
New aggregate share limit under 2020 Performance Incentive Planshares 8.9M
RegistrantLantronix, Inc.
Independent registered public accountant (ratified)Baker Tilly US, LLP
DirectorSaleel Awsare
DirectorSailesh Chittipeddi
DirectorNarbeh Derhacobian
DirectorJason Lamb
DirectorKevin Palatnik
Chief financial officerBrent Stringham

✦ Ask GOAX AI about this filing — what it means for LTRX, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for LTRX?

Click here

Frequently asked questions

What did LTRX file with the SEC on Nov 5, 2026?

LTRX filed a 8-K (Board change). Lantronix held its annual meeting on November 3, 2026, where stockholders elected five directors (Saleel Awsare, Sailesh Chittipeddi, Narbeh Derhacobian, Jason Lamb, and Kevin Palatnik), ratified Baker Tilly US, LLP as auditor, approved executive compensation on an advisory basis, and approved an amendment to the 2020 Performance Incentive Plan increasing the share reserve by 1,800,000 shares.

What does a board change mean for LTRX stock?

Not always. A planned retirement with a successor is usually calm; a sudden departure “effective immediately”, especially of a CFO or near results, often worries investors.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

Other LTRX SEC filings

Get alerts when LTRX files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days