Socket Mobile CTO Eric Glaenzer Receives 21,244-Share Award

What Happened Eric Glaenzer, Chief Technology Officer of Socket Mobile, received a grant of 21,244 shares on 2026-08-21. The filing shows an acquisition price of $1.00 per share for a total value of $21,244. This was an award (transaction code A) issued by the board as compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-21; Form 4 filed 2026-08-25 (within required reporting window).
• Shares granted: 21,244 at $1.00 per share; total reported value $21,244.
• Shares owned after the transaction: not specified in the filing.
• Footnote: Board approved issuing common stock to executives in lieu of voluntary compensation reductions for Q3 and Q4; grant ratio set at 1 share per $1.00 of reduced compensation (rather than using closing market price $0.67).
• Vesting: 50% vest on January 1, 2027 and 50% vest on January 1, 2028, subject to continued service.

Context This was a compensation-related grant (not a market purchase or sale). The shares were issued to substitute for executives' voluntarily reduced cash compensation and will vest over two dates, so the recipient must remain employed to receive the full award. Such grants reflect company compensation decisions rather than direct insider buying or selling behavior.