PARNELL WILLIAM L. JR 4

What Happened

• William L. Parnell Jr., a director of Socket Mobile, was granted a derivative award on 2026-02-27: options covering 16,000 shares reported at $0.00 acquisition value. The options carry an exercise price of $1.00 per share (exercising all would require $16,000). The grant was issued to repay 2025 voluntary compensation deductions.

Key Details

• Transaction date: February 27, 2026; filing date: March 3, 2026 (timely filed).
• Award: 16,000 stock options reported as a grant (derivative), $0.00 reported acquisition value; exercise price $1.00/share.
• Vesting: Options vest in equal monthly installments over four years beginning February 27, 2026 (monthly vesting schedule noted in footnotes).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 indicates the grant represents repayment of 2025 voluntary compensation deductions; F2 reiterates the 4-year monthly vesting schedule.

Context

• This was an equity award (compensation repayment via option grant), not an open-market purchase or sale. Such grants are common for directors and do not by themselves indicate buying or selling sentiment. The options will vest monthly, so Parnell will only be able to exercise portions as they vest.