Lazarev Ivan 4

What Happened
Ivan Lazarev, a director of Socket Mobile, received a grant of 12,400 stock options on Feb 27, 2026. The Form 4 reports the derivative award as acquired at $0, with an exercise price of $1.00 per share (see footnote). The options vest in equal monthly installments over a four‑year period beginning February 27, 2026. This filing documents a grant/award (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-02-27 (Form 4 filed 2026-03-03; filing appears timely).
• Transaction type/code: A — Grant/Award (derivative).
• Amount: 12,400 stock options; exercise price $1.00 per share (footnote F1).
• Reported acquisition value on form: $0 (derivative award reporting).
• Vesting: monthly over 4 years starting Feb 27, 2026 (footnotes F1/F2).
• Purpose: Footnote F1 states the grant represents repayment of 2025 voluntary compensation deductions.
• Shares owned after transaction: not specified in the provided filing details.

Context
This was an option grant to a director — the options give the right to buy shares at $1.00 in the future as they vest; they have not been exercised or sold per this filing. Such grants are commonly used for director compensation and to repay deferred pay and do not by themselves indicate a near‑term purchase or sale of underlying shares.