{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-004667","form_type":"8-K","ticker":"LTRX","cik":"0001114925","company_name":"LANTRONIX INC","filed_at":"2023-07-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.173679+00:00","generated_at":"2026-06-13T12:31:27.095365+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Lantronix grants enhanced severance and equity vesting to three top executives in retention agreements","bullets":["Jeremy Whitaker (Interim CEO/CFO), Roger Holliday (VP Sales), and Eric Bass (VP R&D) sign retention letters.","If terminated without cause before FY2024 performance determination, execs receive continued pay and benefits through termination date.","Bonus for FY2024 paid as if employed through payment date; PSU vesting for FY22-24 based on actual performance for periods ending FY2024.","Agreements do not replace existing contracts; at-will employment remains; no severance if not working for 6+ months unless change in control."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-004667","json":"https://secwatch.observer/filing/0001683168-23-004667.json","markdown":"https://secwatch.observer/filing/0001683168-23-004667.md","text":"https://secwatch.observer/filing/0001683168-23-004667.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1114925/000168316823004667/0001683168-23-004667-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1114925/000168316823004667/lantronix_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T12:31:27.095365+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}