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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 4, 2025

 

 

LANTRONIX, INC.

(Exact Name of Registrant as Specified in Charter)

 

 

Delaware   1-16027   33-0362767
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)
         
48 Discovery, Suite 250
Irvine, California 92618
(Address of Principal Executive Offices, including zip code)
         
Registrant’s telephone number, including area code: (949453-3990
 
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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each Class Trading Symbol Name of each exchange on which registered
Common Stock, $0.0001 par value LTRX The Nasdaq Stock Market LLC

 

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.

 

 

 

 

 

 

 

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

(a)       Lantronix, Inc. (the “Company”) held its 2025 Annual Meeting of Stockholders (the “Annual Meeting”) on November 4, 2025.

 

(b)       At the Annual Meeting, the Company’s stockholders (a) elected six nominees, James Auker, Saleel Awsare, Sailesh Chittipeddi, Narbeh Derhacobian, Kevin Palatnik and Hoshi Printer, to the Board of Directors (the “Board”) of the Company to serve until the Company’s 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified, or until their earlier resignation or removal (“Election of Directors”), (b) ratified the appointment of Baker Tilly US, LLP as the Company’s independent registered public accountants for the fiscal year ending June 30, 2026 (“Auditor Ratification”), (c) approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers as set forth in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on September 24, 2025 (“"Advisory Compensation Vote”), and (d) approved, on a non-binding advisory basis, “1 Year” as the frequency of future advisory votes on the compensation paid to our named executive officers.

 

In view of the voting results and consistent with the recommendation of the Board as disclosed in the Company’s proxy statement, the Board determined, following the Annual Meeting, that the Company will continue to hold future advisory votes on executive compensation every year until the next required vote on the frequency of such votes.

 

Set forth below are the final voting tallies for the Annual Meeting:

 

Election of Directors

    For   Against   Abstain   Broker Non-Votes
James Auker   14,491,307   6,595,599   34,459   7,049,805
Saleel Awsare   20,845,909   283,773   36,683   7,049,805
Sailesh Chittipeddi   20,043,722   1,041,677   35,966   7,049,805
Narbeh Derhacobian   19,756,694   1,328,987   35,684   7,049,805
Kevin Palatnik   19,923,972   1,162,242   35,151   7,049,805
Hoshi Printer   20,376,508   710,333   34,524   7,049,805

 

Auditor Ratification

 

For   Against   Abstain
28,012,267   114,577   44,326

 

Advisory Compensation Vote

 

For   Against   Abstain   Broker Non-Votes
19,700,633   1,269,494   151,328   7,049,805

 

 

Recommend Frequency of Non-Binding Vote on Executive Compensation

 

1 Year   2 Years   3 Years   Abstain
19,248,160   67,682   1,689,658   115,865

 

 

 

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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/ Brent Stringham

     

Brent Stringham

Chief Financial Officer

 

Date: November 6, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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