SOCKET MOBILE (SCKT) CIO Leonard L. Ott Receives Award 23,833 Shares

What Happened Leonard L. Ott, Chief Information Officer of SOCKET Mobile, was granted 23,833 shares on August 21, 2026. The grant is reported as an award/acquisition at an imputed price of $1.00 per share, totaling $23,833. This was an equity award issued by the board in lieu of voluntary compensation reductions (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-08-21; Form 4 filed: 2026-08-25 (within the required filing window).
• Transaction type/code: Award/Grant (A). Price used for the grant: $1.00 per share. Total value: $23,833.
• Vesting: 50% vests on Jan 1, 2027 and 50% vests on Jan 1, 2028, subject to continued service through each vesting date.
• Notable footnote: Board set grant at one share per $1.00 of reduced compensation (instead of using the closing market price of $0.67/share).
• Shares owned after transaction: Not specified in the filing.

Context This was a non-cash compensation conversion (shares issued in lieu of reduced cash pay). Such grants reflect internal compensation policy decisions and are different from open-market purchases or sales; they should not be interpreted alone as a buy/sell signal.