---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005355"
form_type: "8-K"
ticker: "LTRX"
cik: "0001114925"
company_name: "LANTRONIX INC"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T03:45:29.854196+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Lantronix appoints Philip Brace as independent director effective Aug 8, 2023

## Summary
- Board size expanded from 5 to 6; Brace fills newly created vacancy as independent director.
- Brace, former CEO of Sierra Wireless, brings 30 years of semiconductor/IoT/storage experience.
- Brace receives 4,186 RSUs vesting fully on Nov 8, 2023 under standard non-employee director compensation.
- No related-party transactions; Brace enters standard indemnification agreement.

## SEC filing metadata
- accession: 0001683168-23-005355
- form_type: 8-K
- ticker: LTRX
- cik: 0001114925
- company_name: LANTRONIX INC
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114925/000168316823005355/0001683168-23-005355-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114925/000168316823005355/lantronix_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005355
- JSON: https://secwatch.observer/filing/0001683168-23-005355.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005355.txt

## Key facts
- Executive change
  Philip G. Brace was appointed as non-employee director at LANTRONIX INC.
  - Action: appointed
  - Role: non-employee director
  source text: appointed Philip G. Brace as a non-employee director to fill the vacancy created by the increase in the size of the Board, with such appointment effective as of August 8, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114925/000168316823005355/0001683168-23-005355-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.