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Stockholders approve $1.8M share increase to Lantronix incentive plan
LTRXLantronix Inc
Lantronix stockholders approved an amendment to the company's 2020 Performance Incentive Plan, increasing the aggregate number of shares available for award grants by 1,800,000. The new total share limit under the plan is now 8,949,047 shares. The filing also reports routine outcomes from the annual meeting, including the election of five directors and ratification of the independent auditor. Lantronix develops Internet of Things (IoT) connectivity solutions for industrial and commercial applications.