Socket Mobile (SCKT) director discloses six fully vested option grants on Form 3
Rhea-AI Filing Summary
SOCKET MOBILE, INC. director MacDonald Brenton Earl reported his initial beneficial ownership on a Form 3. The filing lists six Non-Qualified Stock Options, each covering 7,000 shares of Common Stock, with exercise prices ranging from $1.08 to $5.00 and expiration dates between July 28, 2027 and June 15, 2032. A footnote states that each option is fully vested and exercisable. No purchases, sales, or exercises are reported in this filing.
Positive
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Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
MacDonald Brenton Earl
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Option (Right to Buy) F1 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F1 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F1 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F1 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F1 | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) F1 | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 42,000 shares (Direct)
Footnotes (1)
- F1. The option is fully vested and exercisable.
Key Figures
Option underlying shares: 7,000 shares
Exercise price: $1.0800 per share
Exercise price: $2.4500 per share
+4 more
7 metrics
Option underlying shares
7,000 shares
Underlying Common Stock for each Non-Qualified Stock Option position
Exercise price
$1.0800 per share
Exercise price of one Non-Qualified Stock Option expiring May 27, 2030
Exercise price
$2.4500 per share
Exercise price of one Non-Qualified Stock Option expiring May 22, 2029
Exercise price
$2.5200 per share
Exercise price of one Non-Qualified Stock Option expiring June 1, 2028
Exercise price
$3.0500 per share
Exercise price of one Non-Qualified Stock Option expiring June 15, 2032
Exercise price
$3.8800 per share
Exercise price of one Non-Qualified Stock Option expiring July 28, 2027
Exercise price
$5.0000 per share
Exercise price of one Non-Qualified Stock Option expiring May 13, 2031
Key Terms
Non-Qualified Stock Option, exercise price, expiration date, beneficial ownership
4 terms
Non-Qualified Stock Option financial
"The filing lists six Non-Qualified Stock Option (Right to Buy) positions"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
exercise price financial
"Each option has an exercise price between $1.08 and $5.00 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"Options carry expiration dates from July 28, 2027 to June 15, 2032"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
beneficial ownership financial
"Director MacDonald Brenton Earl reported his initial beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does the Form 3 filed for SOCKET MOBILE (SCKT) by MacDonald Brenton Earl show?
The Form 3 shows initial beneficial ownership by director MacDonald Brenton Earl, listing six fully vested Non-Qualified Stock Options on SOCKET MOBILE (SCKT) common stock with specified exercise prices and expiration dates.
What are the exercise prices of the stock options reported for SOCKET MOBILE (SCKT)?
The options have exercise prices of $1.08, $2.45, $2.52, $3.05, $3.88, and $5.00 per share. Each price applies to a separate Non-Qualified Stock Option covering 7,000 shares of SCKT common stock.
When do the reported SCKT stock options held by MacDonald Brenton Earl expire?
The options expire on July 28, 2027, June 1, 2028, May 22, 2029, May 27, 2030, May 13, 2031, and June 15, 2032, with each date tied to a specific Non-Qualified Stock Option grant.
Are the SOCKET MOBILE (SCKT) options reported on this Form 3 vested?
Yes. A footnote specifies that the option is fully vested and exercisable for each reported Non-Qualified Stock Option. This means all six option positions can be exercised under their stated terms.
Does the SCKT Form 3 report any stock purchases or sales by MacDonald Brenton Earl?
No. The Form 3 lists holdings of fully vested stock options only. It does not report any purchases, sales, exercises, or other transactions in SOCKET MOBILE (SCKT) common stock by MacDonald Brenton Earl.
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