Zhao Lynn 4

What Happened

• Zhao Lynn, Chief Financial Officer of Socket Mobile (SCKT), was granted a derivative award covering 23,800 share-equivalents on 2026-02-27. The award was reported as acquired at $0.00 (a grant of options) with an exercise price of $1.00 per share and is described as repayment of 2025 voluntary compensation deductions.

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-03 (reporting period 2026-02-27).
• Instrument: Stock option grant (derivative); 23,800 units granted; exercise price $1.00 per share.
• Vesting: Options vest in equal monthly installments over a four-year period commencing February 27, 2026 (footnotes F1/F2).
• Cash exchanged: None at grant (acquired at $0.00); this is a compensation/repayment grant, not an open-market purchase or sale.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing date (Mar 3, 2026) corresponds to the reported transaction date and appears to meet the Form 4 reporting window.

Context

• This was a compensation-related option grant used to repay prior withheld pay — not an open-market purchase or sale — and the options will vest over time. Because the options were granted (not exercised or sold), there was no immediate cash-out or market-sale signal from this filing.