LTRX Lantronix Inc.

Notice of Inducement Grants for Kurt Hoff, Lantronix Vice President, Worldwide Sales

Notice of Inducement Grants for Kurt Hoff, Lantronix Vice President, Worldwide Sales

IRVINE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, announced that in connection with the commencement of the employment of Kurt Hoff, vice president, Worldwide Sales, effective March 4, 2024, the Company has agreed to issue Hoff inducement awards consisting of 62,404 restricted share units (RSUs) and 43,203 performance-based share units (PSUs), with the number of PSUs assuming target level of performance. The RSU award is scheduled to vest over three years as follows: one-third of the award is scheduled to vest on March 1, 2025, and the remaining RSUs are scheduled to vest ratably each quarter thereafter over a period of two years. The PSU award is scheduled to vest based on the company’s relative total stockholder return (TSR) over a three-year period beginning on the employment commencement date. Each award is subject to the terms and conditions of the applicable award agreement. The inducement RSUs and PSUs are granted as employment inducement awards in accordance with NASDAQ Listing Rule 5635(c)(4).

About Lantronix

Lantronix Inc. is a global provider of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the .

© 2024 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:

Gail Kathryn Miller

Corporate Marketing &

Communications Manager



949-212-0960

Lantronix Analyst and Investor Contact:

Jeremy Whitaker

Chief Financial Officer



949-450-7241



EN
04/03/2024

Underlying

LTRXLantronix Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Lantronix Inc.

 PRESS RELEASE
Free
LTRX LANTRONIX INC.

Lantronix to Report Fiscal 2025 Fourth Quarter Results on Aug. 27, 202...

Lantronix to Report Fiscal 2025 Fourth Quarter Results on Aug. 27, 2025 IRVINE, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) --  (the “Company”) (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions enabling Edge AI Intelligence, today announced it will release financial results from its fiscal 2025 fourth quarter, ended June 30, 2025, after the close of the market on Wednesday, Aug. 27, 2025. Management will host an investor conference call and audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Aug. 27, 2025. To access the live conference call, inves...

August 13, 2025 1 EN
 PRESS RELEASE
Free
LTRX LANTRONIX INC.

Lantronix to Participate in KeyBanc Capital Markets Technology Leaders...

Lantronix to Participate in KeyBanc Capital Markets Technology Leadership Forum Lantronix CEO Saleel Awsare will participate in one-on-one meetings IRVINE, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today announced that Lantronix CEO Saleel Awsare will participate in one-on-one meetings at the KeyBanc Capital Markets Technology Leadership Forum, taking place Aug. 10–12, 2025, at the Montage Deer Valley in Park City, Utah. Investors interested in scheduling a one‑on‑one meeting with ...

August 7, 2025 1 EN
 PRESS RELEASE
Free
LTRX LANTRONIX INC.

Lantronix Mengguncang Konektivitas Industri dengan Peluncuran Seri Rou...

Lantronix Mengguncang Konektivitas Industri dengan Peluncuran Seri Router Nirkabel 5G yang Terjangkau dan Telah Memenangkan Penghargaan Seri terbaru NTC-500 dari Lantronix memungkinkan perusahaan untuk meraih mobilitas generasi berikutnya, wawasan waktu nyata, dan peningkatan ROI IRVINE, California, July 18, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: LTRX), pemimpin global dalam solusi komputasi dan konektivitas IoT yang mendukung Kecerdasan Edge AI, hari ini meluncurkan , router 5G industrial-grade yang tangguh, dirancang untuk merevolusi aspek ekonomis dari mobilitas dan konektivitas perusaha...

July 17, 2025 1 EN
 PRESS RELEASE
Free
LTRX LANTRONIX INC.

ラントロニクス (Lantronix)、手頃な価格で受賞歴を有する5Gワイヤレスルーターシリーズの発表により、産業用接続性に変革をもたらす

ラントロニクス (Lantronix)、手頃な価格で受賞歴を有する5Gワイヤレスルーターシリーズの発表により、産業用接続性に変革をもたらす ラントロニクスの新製品NTC-500シリーズ (NTC-500 Series) は、次世代モビリティ、リアルタイムインサイト、そして投資収益率 (ROI) の向上を企業にもたらす カリフォルニア州アーヴァイン発, July 18, 2025 (GLOBE NEWSWIRE) -- AIエッジインテリジェンスを可能にするIoTソリューション向けのコンピューティングおよびコネクティビティのグローバルリーダーである (NASDAQ: LTRX) は本日、企業のモビリティと接続性の経済性を変革することを目的とした、堅牢な産業用5Gルーターを発表した。 本NTC-500シリーズの発表は、の成果であり、同社の戦略的投資の正当性を示すとともに、エンタープライズおよび産業向けIoT市場における最先端接続性ソリューションのグローバルプロバイダーとしての地位を強調するものである。 NTC-500シリーズは、無線化が進む産業用インフラ市場において、ラントロニクスがその成長機会を獲得するためのポジションを確立するものである。 通信事業者の認証、グローバルな承認取得、そして破壊的な価格設定により、NTC-500シリーズは企業に対し、従来高額であったイ...

July 17, 2025 1 EN
 PRESS RELEASE
Free
LTRX LANTRONIX INC.

Lantronix, 합리적인 가격과 수상 실적 빛나는 5G 무선 라우터 시리즈 출시하며 산업 커넥티비티 혁신

Lantronix, 합리적인 가격과 수상 실적 빛나는 5G 무선 라우터 시리즈 출시하며 산업 커넥티비티 혁신 기업의 차세대 모빌리티, 실시간 인사이트, 향상된 ROI 실현을 지원하는 Lantronix의 새로운 NTC-500 Series 캘리포니아주 어바인, July 18, 2025 (GLOBE NEWSWIRE) -- 에지 AI 인텔리전스를 구현하는 컴퓨팅과 커넥티비티 IoT 솔루션 분야의 글로벌 선도 기업  (나스닥명: LTRX)가 기업 모빌리티와 커넥티비티 경제를 혁신하도록 설계된 견고한 산업 등급 5G 라우터 신제품을 선보였다. NTC-500 Series 제품 출시는 의 직접적인 결과로, Lantronix의 전략적인 투자와 더불어, 기업 및 산업 IoT 시장을 대상으로 한 첨단 커넥티비티 솔루션 공급사로서 글로벌 입지를 확인시켜준다. NTC-500 Series는 점점 빠르게 무선 산업 인프라로 옮겨가고 있는 글로벌 추세를 활용할 수 있는 자리에 Lantronix를 위치시킨다. 통신사 인증, 세계적인 인정, 혁신적인 가격을 두루 갖춘 NTC-500 Series는 기업들이 고비용의 이더넷 인프라를 없앨 수 있도록 돕는다. 이를 통해 기존의 ...

July 17, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch