---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-003229"
form_type: "8-K"
ticker: "LTRX"
cik: "0001114925"
company_name: "LANTRONIX INC"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:20:53.075364+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Lantronix raises CFO salary to $351k, enters new change-in-control agreement

## Summary
- CFO Jeremy Whitaker base salary increased from $300k to $351k effective July 1, 2024.
- VP Engineering Eric Bass salary raised from $250k to $292k effective same date.
- Whitaker enters new Change in Control Agreement providing 12 months salary + 100% target bonus on qualifying termination.
- New agreement replaces prior one expiring May 31, 2024, and includes COBRA continuation.

## SEC filing metadata
- accession: 0001683168-24-003229
- form_type: 8-K
- ticker: LTRX
- cik: 0001114925
- company_name: LANTRONIX INC
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114925/000168316824003229/0001683168-24-003229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114925/000168316824003229/lantronix_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-003229
- JSON: https://secwatch.observer/filing/0001683168-24-003229.json
- Plain text: https://secwatch.observer/filing/0001683168-24-003229.txt

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