Socket Mobile (NASDAQ: SCKT) director gets 13,000-share board grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BASS CHARLIE reported acquisition or exercise transactions in this Form 4 filing.
SOCKET MOBILE, INC. director and 10% owner Charlie Bass received a grant of 13,000 shares of Common Stock on June 12, 2026 as board compensation. The shares were valued at the market closing price of $0.91 per share and increased his direct holdings to 1,721,202 shares. This was a stock grant, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BASS CHARLIE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,721,202 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 13,000 shares
Grant valuation price: $0.91 per share
Post-transaction holdings: 1,721,202 shares
+1 more
4 metrics
Shares granted
13,000 shares
Common Stock grant on June 12, 2026
Grant valuation price
$0.91 per share
Market closing price on June 12, 2026
Post-transaction holdings
1,721,202 shares
Total Common Stock directly held after grant
Transaction price per share
$0.00 per share
Equity grant with no cash paid by insider
Key Terms
Grant, award, or other acquisition, Common Stock, Board of Directors, ten percent owner
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Board of Directors financial
"Shares were granted to the newly elected Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
ten percent owner financial
"is_ten_percent_owner: 1"
FAQ
What insider transaction did SCKT director Charlie Bass report?
Charlie Bass reported receiving a grant of 13,000 shares of Socket Mobile Common Stock. The grant was classified as a grant, award, or other acquisition, reflecting routine equity compensation rather than an open-market stock purchase or sale.
Was the SCKT grant to Charlie Bass an open-market purchase or a compensation award?
The transaction was a compensation-related award, not an open-market purchase. It is coded as a grant or award, with no cash price per share, and was provided to the newly elected Board of Directors at the stated market closing value.