---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-003431"
form_type: "8-K"
ticker: "LTRX"
cik: "0001114925"
company_name: "LANTRONIX INC"
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:01:37.085849+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-25-003431
- form_type: 8-K
- ticker: LTRX
- cik: 0001114925
- company_name: LANTRONIX INC
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114925/000168316825003431/0001683168-25-003431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114925/000168316825003431/lantronix_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-003431
- JSON: https://secwatch.observer/filing/0001683168-25-003431.json
- Plain text: https://secwatch.observer/filing/0001683168-25-003431.txt

## Key facts
- Executive change
  Dr. Sailesh Chittipeddi was appointed as Director at LANTRONIX INC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114925/000168316825003431/0001683168-25-003431-index.htm

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