secwatch.observer — SEC 8-K summary
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Issuer:     LANTRONIX INC (LTRX)
CIK:        0001114925
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001683168-24-000435
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lantronix appoints Christa Steele as independent director, board expands to six
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- Steele appointed effective Jan. 24, 2024; board size increased from five to six.
- She qualifies as independent under Nasdaq listing standards; no committee assignment yet.
- Steele receives 10,332 RSUs under standard non-employee director compensation.
- Steele brings CEO and board experience from firms up to $1B revenue, including interim CEO of Balco Holdings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114925/000168316824000435/0001683168-24-000435-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114925/000168316824000435/lantronix_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000435

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer