UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Charter)
(State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) | ||
(Address of Principal Executive Offices, including zip code) | ||||
Registrant’s telephone number, including area code: ( | ||||
Not Applicable | ||||
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
Title of each Class | Trading Symbol | Name of each exchange on which registered | |
The | |||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act. ☐
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Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 22, 2024, Roger Holliday and Lantronix, Inc. (the “Company”) agreed that Mr. Holliday will step down from his position as Vice President, Worldwide Sales, effective as of February 29, 2024 in order to facilitate his retirement. Mr. Holliday and the Company have agreed that Mr. Holliday will continue his employment with the Company in a non-officer role until September 30, 2024 (or, if later, the date a determination is made by the Company’s Board of Directors or applicable committee thereof as to the Company’s performance during fiscal year 2024 for purposes of the vesting of its equity awards), in order to provide support assistance, advice, and training relating to sales matters involving the Company as well as any other similar matters requested by the Company’s Chief Executive Officer.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LANTRONIX, INC. | |||
By: | /s/ Jeremy Whitaker | ||
Jeremy Whitaker Chief Financial Officer |
Date: February 28, 2024
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Cover |
Feb. 22, 2024 |
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Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Feb. 22, 2024 |
Entity File Number | 1-16027 |
Entity Registrant Name | LANTRONIX, INC. |
Entity Central Index Key | 0001114925 |
Entity Tax Identification Number | 33-0362767 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 48 Discovery |
Entity Address, Address Line Two | Suite 250 |
Entity Address, City or Town | Irvine |
Entity Address, State or Province | CA |
Entity Address, Postal Zip Code | 92618 |
City Area Code | 949 |
Local Phone Number | 453-3990 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock |
Trading Symbol | LTRX |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
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