PARNELL WILLIAM L. JR 4

What Happened

• William L. Parnell Jr., a director of Socket Mobile, received an award/acquisition of 6,250 shares of common stock on February 4, 2026. The shares were valued at the closing market price of $1.12 per share, for a total value of $7,000. This transaction is reported as an award/grant (transaction code A) under a director compensation program (i.e., stock in lieu of cash).

Key Details

• Transaction date and price: 2026-02-04 at $1.12 per share (total $7,000).
• Shares received: 6,250 shares (award/acquisition).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: The Board approved a Director Compensation Program effective Feb 4, 2026 allowing directors to take common stock instead of cash; the reported shares represent the portion of the annual cash retainer taken in stock and were valued at the $1.12 closing price.
• Timeliness: Filing date 2026-02-11 (7 days after the transaction). Form 4s are normally due within two business days, so this filing appears delayed.

Context

• This was a director compensation award (stock in lieu of cash), not an open-market purchase or sale. Such grants are routine for board pay and do not necessarily indicate the director’s view of the company’s near-term prospects.
• For retail investors, awards increase insider stock holdings but are part of regular compensation practices; purchases (cash outlays) can be more informative about personal conviction.