BASS CHARLIE 4

What Happened Charlie Bass, a director and reported 10% owner of Socket Mobile, received an award of 5,000 shares of common stock on April 29, 2026. The filing records the shares at $0.87 each (total $4,334); the board valued the shares at the closing market price of $0.8668 per share. This was an award/compensation issuance (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-29; transaction type: Award/Grant (code A).
• Recorded price: $0.87 per share; board valuation: $0.8668 per share; total value ≈ $4,334.
• Shares issued: 5,000.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: Board approved a Director Compensation Program allowing directors to receive common stock in lieu of cash retainer; these shares represent a portion of the quarterly cash retainer converted to equity.
• Filing timeliness: Report filed 2026-05-01 for a 2026-04-29 transaction (appears timely under Form 4 rules).

Context This was a director compensation award (equity in lieu of cash) rather than a market purchase or sale, so it reflects board-approved pay treatment rather than a standalone investment decision. As a reported 10% owner and director, Bass is a significant shareholder; such awards are common for aligning directors with shareholder interests but do not necessarily signal a personal change in conviction about the stock.