PARNELL WILLIAM L. JR 4
4 · SOCKET MOBILE, INC. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Socket Mobile Director William L. Parnell Jr. Receives 5,000-Share Award
What Happened
- William L. Parnell Jr., a director of Socket Mobile, reported an award/acquisition of 5,000 shares of common stock on April 29, 2026. The filing shows an acquisition price of $0.87 per share (valued at the market close of $0.8668), for a total value of approximately $4,334. This was issued under a director compensation program in lieu of a portion of his cash retainer.
Key Details
- Transaction date: 2026-04-29 (reported on Form 4 filed 2026-05-01)
- Transaction type/code: A — Grant/Award (not an open-market purchase)
- Shares acquired: 5,000 at $0.87 (footnote value $0.8668); total value ≈ $4,334
- Shares owned after transaction: not specified in the filing
- Footnote: Board-approved Director Compensation Program effective April 29, 2026 allows directors to elect common stock instead of cash; these shares reflect such an election for a portion of the annual cash retainer
- Timeliness: Filing appears timely (filed within the required reporting window)
Context
- This was a compensation award in lieu of cash, not a purchase with personal funds or a sale; such awards are routine director compensation and do not by themselves indicate the director’s view on the company’s stock.
Insider Transaction Report
Form 4
PARNELL WILLIAM L. JR
Director
Transactions
- Award
Common Stock
[F1]2026-04-29$0.87/sh+5,000$4,334→ 96,600 total
Footnotes (1)
- [F1]Effective April 29, 2026, the Board of Directors approved a Director Compensation Program which allows Directors to receive common stock in lieu of their cash compensation. The number of shares of common stock shown reflects the common stock this Reporting Person is entitled to receive in lieu of a portion of his annual cash retainer fee paid quarterly. Shares were valued at the market closing price of $0.8668.
Signature
/s/ William Parnell|2026-05-01