BASS CHARLIE 4

What Happened Charlie Bass, a director and 10% owner of SOCKET MOBILE, Inc. (SCKT), was awarded 6,250 shares of common stock on February 4, 2026. The shares were valued at the closing market price of $1.12 each, for a total value of $7,000. This was an award/compensation issuance (code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-04 at $1.12 per share (total $7,000).
• Transaction type: Award/Grant (insider acquisition through director compensation).
• Shares owned after transaction: Not reported in the Form 4 filing.
• Footnote: The Board approved a Director Compensation Program allowing directors to receive common stock in lieu of cash retainer; these shares reflect Bass electing stock instead of a portion of his quarterly cash retainer.
• Timeliness: The Form 4 was filed 2026-02-11 for a 2026-02-04 transaction (filed late). Late filings can attract scrutiny but are often administrative.

Context This issuance represents director compensation rather than a market-driven purchase by the insider. Such stock-in-lieu awards are common and do not necessarily indicate the director’s view of the company’s near-term prospects. As a 10% owner and director, Bass’s receipt of shares is an internal compensation matter rather than routine trading by an executive.