Lazarev Ivan 4
Research Summary
AI-generated summary
Socket Mobile (SCKT) Director Ivan Lazarev Receives 4,000 Shares
What Happened
- Ivan Lazarev, a director of Socket Mobile, received an award of 4,000 shares of common stock on April 29, 2026 as part of a director compensation program. The filing reports a per-share price of $0.87, for a total value of approximately $3,467. This transaction is an award/compensation issuance (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-29; reported price: $0.87 per share (footnote states shares were valued at the $0.8668 closing price).
- Shares acquired: 4,000; total reported value: ~$3,467.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: Effective April 29, 2026 the Board approved a Director Compensation Program allowing directors to receive common stock in lieu of cash; these shares reflect quarterly stock received in lieu of a portion of the annual cash retainer (see F1).
- Filing timeliness: No late filing indicated (Form 4 filed 2026-05-01 reporting the 2026-04-29 transaction).
Context
- This is a compensation grant (stock issued in lieu of cash), which is routine for directors and does not by itself indicate insider buying or selling sentiment. Purchases by insiders tend to be watched more closely as potential bullish signals.