Socket Mobile (SCKT) Director William Parnell Receives 2,000 Shares

What Happened William L. Parnell Jr., a director of Socket Mobile, received an award of 2,000 shares on August 6, 2026. The shares were granted at $1.00 per share (totaling $2,000) and reported on a Form 4 filed August 10, 2026. The transaction is reported as an acquisition/award (code A).

Key Details

• Transaction date and price: August 6, 2026 — 2,000 shares @ $1.00 per share (total $2,000).
• Report filed: August 10, 2026 (filed within standard Form 4 timing).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The Board approved a Director Compensation Program allowing directors to receive common stock in lieu of cash. The shares were granted at $1.00/share vs. the closing market price of $0.39/share on the grant date.
• Transaction type: Award/grant (A); not a purchase, sale, option exercise, or gift.

Context Director stock awards are a common form of compensation and do not by themselves indicate the director is buying or selling based on private views of the company. Note the grant price ($1.00) exceeds the reported closing market price ($0.39) on the grant date — the grant-value equals $2,000 at the award price but would be about $780 using the closing market price.