SOCKET MOBILE, INC.·4

May 1, 4:13 PM ET

PARNELL WILLIAM L. JR 4

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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.