{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-008379","form_type":"8-K","ticker":"LTRX","cik":"0001114925","company_name":"LANTRONIX INC","filed_at":"2023-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.263981+00:00","generated_at":"2026-06-07T22:29:15.363954+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Lantronix appoints CEO Saleel Awsare to Board; grants inducement equity awards","bullets":["Saleel Awsare appointed to Board effective Nov. 20, 2023; Board now has five directors, four independent.","Awsare receives 470,255 RSUs vesting one-third annually over three years starting Nov. 1, 2024.","PSU awards: 235,127 tied to FY24 PSU plan (performance over FY2024-2026) and 223,931 tied to TSR.","No additional compensation for Board service; awards granted as inducement under Nasdaq Rule 5635(c)(4)."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-008379","json":"https://secwatch.observer/filing/0001683168-23-008379.json","markdown":"https://secwatch.observer/filing/0001683168-23-008379.md","text":"https://secwatch.observer/filing/0001683168-23-008379.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1114925/000168316823008379/0001683168-23-008379-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1114925/000168316823008379/lantronix_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T22:29:15.363954+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":[{"claim_id":"b0df4781cf","claim":"Saleel Awsare was appointed as Director at LANTRONIX INC.","evidence_excerpt":"The board of directors (the “Board”) of Lantronix, Inc. (the “Company”) has appointed Saleel Awsare, the President and Chief Executive Officer of the Company, as a member of the Board effective as of November 20, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1114925/000168316823008379/0001683168-23-008379-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}