Every material Form 8-K LANTRONIX INC has filed with the SEC since August 26, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
At its November 3, 2026 annual meeting, Lantronix stockholders elected five directors, ratified Baker Tilly US, LLP as auditor, and approved a non-binding advisory vote on executive pay. They also approved raising the share limit of the 2020 Performance Incentive Plan by 1,800,000 shares, to 8,949,047 shares in total, which increases the pool available for equity awards.
Annual meeting held November 3, 2026; five nominees elected to serve until the 2027 annual meeting: Saleel Awsare, Sailesh Chittipeddi, Narbeh Derhacobian, Jason Lamb and Kevin Palatnik
Incentive Plan aggregate share limit increased by 1,800,000 shares to 8,949,047 shares
Baker Tilly US, LLP ratified as independent registered public accountants for the fiscal year ending June 30, 2027
Advisory vote approving named executive officer compensation passed; 20,976,854 shares voted for and 205,514 against
Lantronix amended the employment or offer-letter agreements of CEO Saleel Awsare, Chief Revenue Officer Kurt Hoff and Chief Product & Strategy Officer Mathi Gurusamy, raising their annual base salaries effective August 1, 2026. The amendments also remove the two-year limit on severance for Hoff and Gurusamy, so their severance rights are no longer restricted to a qualifying termination within that window.
CEO Saleel Awsare's annual base salary increased to $550,000, effective August 1, 2026
Kurt Hoff and Mathi Gurusamy each have annual base salaries of $390,000, effective August 1, 2026
Severance restriction limiting payment to a qualifying termination within two years of start date no longer applies to Hoff or Gurusamy
Amendments dated August 26, 2026; filed in an 8-K signed August 27, 2026 by CFO Brent Stringham
Lantronix reported fiscal fourth-quarter 2026 revenue of $31.2 million, up 8% from a year earlier, with non-GAAP EPS of $0.04 and GAAP EPS of ($0.01). Full-year fiscal 2026 revenue was $120.9 million, down from $122.9 million in fiscal 2025, and the company expects double-digit revenue growth in fiscal 2027 and first-quarter fiscal 2027 revenue of $31.0 million to $33.0 million.
Q4 fiscal 2026 revenue of $31.2 million, up 8% year over year; GAAP net loss per share of ($0.01) versus ($0.07) a year earlier
Non-GAAP EPS of $0.04 for the quarter, compared with $0.01 a year earlier
Full-year fiscal 2026 revenue of $120.9 million versus $122.9 million in fiscal 2025; GAAP EPS of ($0.10) versus ($0.29)
Q1 fiscal 2027 outlook: revenue of $31.0 million to $33.0 million and non-GAAP EPS of $0.04 to $0.06
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every LANTRONIX INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →