Lantronix appoints Dr. Sailesh Chittipeddi as independent director, expanding board to five

LANTRONIX INC

Board increased from four to five members; Chittipeddi appointed effective May 6, 2025.
He will receive 13,751 RSUs vesting fully on Nov 5, 2025, under standard non-employee director compensation.
Chittipeddi brings experience from Renesas (EVP Global Ops) and Novo Tellus Capital; is a board member at Tessolve.
He will serve on Audit Committee; Narbeh Derhacobian steps off Audit Committee but remains on Board.
Company will enter into an indemnification agreement with Chittipeddi.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Dr. Sailesh Chittipeddi

Director

LTRX · LANTRONIX INC

Effective: 2025-05-06
Filed: May 12, 2025, 7:59 PM ET

On May 6, 2025, the board of directors (the “Board”) of Lantronix, Inc. (the "Company") approved an increase in the size of the Board from four to five members, and appointed Dr. Sailesh Chittipeddi as a non-employee director to fill the vacancy created by the increase in the size of the Board, effective as of May 6, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Dr. Sailesh Chittipeddi was appointed as Director at LANTRONIX INC.

Action: appointed
Role: Director

Exact text from the filing

On May 6, 2025, the board of directors (the “Board”) of Lantronix, Inc. (the "Company") approved an increase in the size of the Board from four to five members, and appointed Dr. Sailesh Chittipeddi as a non-employee director to fill the vacancy created by the increase in the size of the Board, effective as of May 6, 2025.

View on SEC.gov

LANTRONIX INC filing history →

Source: SEC EDGAR

accession 0001683168-25-003431

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.