Socket Mobile (SCKT) Director Ivan Lazarev Receives Award

What Happened Ivan Lazarev, a director of Socket Mobile, received a total of 3,000 shares as awards on August 6, 2026. The grants consist of 2,000 shares valued at $1.00 per share (total $2,000) and 1,000 shares valued at $0.39 per share (total $390), for a combined grant value of $2,390. These transactions are reported as awards/grants (transaction code A), i.e., compensation rather than open-market purchases or sales.

Key Details

• Transaction Dates: August 6, 2026 (both grants). Form 4 filed August 10, 2026 — timely (filed within required two business days).
• Prices and amounts: 2,000 shares @ $1.00 ($2,000); 1,000 shares @ $0.39 ($390).
• Total shares awarded: 3,000; total reported value: $2,390.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (F1) Board approved a Director Compensation Program allowing directors to take stock in lieu of cash; the 2,000-share award was granted at $1.00 per share while the closing market price was $0.39. (F2) The 1,000-share award was to the new Audit Committee Chair and was valued at the closing market price of $0.39.
• Filing timeliness: Filed Aug 10, 2026 for an Aug 6 transaction — meets the two-business-day Form 4 filing requirement.

Context These awards are compensation to a director (not an open-market purchase), so they reflect pay-treatment rather than an insider buying stock based on private views. Note the company accounted one grant at $1.00 per share despite a lower market close ($0.39); the filing discloses both valuations. For retail investors, director awards are routine corporate governance/compensation actions and should be viewed as different from purchases or sales that might signal personal investment conviction.