Lantronix (LTRX) executive compensation, 2026 proxy

Saleel Awsare, Chief Executive Officer, was paid $2.1M in fiscal 2026, up 47% from $1.4M the year before.

Filed
September 22, 2026
Annual meeting
November 3, 2026
Pay year
fiscal 2026
Named executives
3
CEO total pay
$2.1M+47% vs prior year
CEO pay in equity
57%$1.2M in awards
Prior say-on-pay support
94%of votes cast
CEO stock awards
$1,208,488Grant-date fair value
CEO annual bonus
$400,000Non-equity incentive compensation
CFO total compensation
$1,313,515Fiscal 2026
Product officer total
$1,126,932Fiscal 2026
CFO retention bonus
$100,000Reported in Bonus column

How Awsare was paid

$2.1M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary24%Stock awards57%Non-equity incentive19%All other compensation0%

Named executive officers

ExecutiveTotal
Saleel AwsareChief Executive Officer$2,115,193
Brent StringhamChief Financial Officer$1,313,515
Mathi GurusamyChief Product & Strategy Officer$1,126,932

What changed and why

  • $2.1M$2,115,193 was the CEO’s fiscal 2026 total compensation, including $1,208,488 in stock awards.
  • 93.9%93.9% of votes cast supported the company’s 2025 say-on-pay proposal.
  • $400K$400,000 was the CEO’s fiscal 2026 annual bonus; the CFO and product officer each received $150,000.
  • $100K$100,000 was reported as the CFO’s bonus, representing a retention-bonus installment.
  • Fiscal 2026 stock awards included performance units tied to financial performance and relative total shareholder return.
  • The fiscal 2026 executive compensation program was substantially similar to the fiscal 2025 program.

Other Lantronix proxy statements

About this page

The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.

Lantronix (LTRX) Executive Compensation: 2026 Proxy Statement | Gloomberb