PARNELL WILLIAM L. JR 4
Research Summary
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Socket Mobile Director William Parnell Receives 10,000-Share Award
What Happened William L. Parnell Jr., a director of Socket Mobile, Inc. (SCKT), was granted 10,000 shares as an award on June 12, 2026. The filing lists the acquisition as an award/grant (code A) with a reported per-share valuation of $0.91, giving an approximate total value of $9,100. This was a grant of compensation equity rather than a purchase or sale.
Key Details
- Transaction date: June 12, 2026; reported on Form 4 filed June 16, 2026.
- Price/value: $0.00 recorded for acquisition price on the Form 4; footnote states shares were valued at the closing market price of $0.91 ($9,100 total).
- Shares acquired: 10,000 shares granted.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Shares were granted to the newly elected Board of Directors on June 12, 2026 and valued at the market close price of $0.91.
- Timeliness: Filed on June 16, 2026, which falls within the typical two-business-day reporting window for Form 4s.
Context This was an equity award to a newly elected board member, a common form of director compensation. Awards are compensation events and don’t directly signal buying or selling intent by the insider; retail investors should view them as part of corporate governance/compensation practices rather than directional insider trading.