Marx Felix 4
Research Summary
AI-generated summary
Socket Mobile (SCKT) Director Marx Felix Receives 4,643-Share Award
What Happened
- Marx Felix, a director of Socket Mobile, received 4,643 shares of common stock as an award/compensation credit on Feb 4, 2026. The shares were valued at the market close price of $1.12 per share, for a total value of approximately $5,200. This was an award/acquisition (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-04; Filing date: 2026-02-11 (filed 7 days after the transaction).
- Price per share: $1.12; Shares acquired: 4,643; Total value: ~$5,200.
- Shares owned following the transaction: not disclosed in the provided filing data.
- Footnote: Effective Feb 4, 2026 the Board approved a Director Compensation Program allowing directors to receive common stock in lieu of cash; the shares reflect a portion of Felix’s annual cash retainer paid quarterly and were valued at the closing price ($1.12).
- Timeliness: The Form 4 was filed more than the typical 2 business days after the transaction, so the filing appears late.
Context
- This is routine director compensation (stock awarded in lieu of cash) and is generally administrative rather than a direct signal of insider buying or selling intent.
- The transaction is small in dollar terms (~$5.2K) and is an award, not an option exercise, sale, or gift.