Socket Mobile (SCKT) director granted 10,000-share board equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PARNELL WILLIAM L. JR reported acquisition or exercise transactions in this Form 4 filing.
SOCKET MOBILE, INC. director William L. Parnell Jr. received a grant of 10,000 shares of Common Stock on June 12, 2026. The award was made to the newly elected Board of Directors and was valued at the market closing price of $0.91 per share. Following this grant, Parnell directly holds 106,600 shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PARNELL WILLIAM L. JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 106,600 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 10,000 shares
Grant valuation price: $0.91 per share
Total shares after transaction: 106,600 shares
+1 more
4 metrics
Shares granted
10,000 shares
Board grant to director on June 12, 2026
Grant valuation price
$0.91 per share
Market closing price on June 12, 2026
Total shares after transaction
106,600 shares
Director’s direct holdings following grant
Transaction price per share
$0.00 per share
Grant/award with no cash paid by insider
Key Terms
Grant, award, or other acquisition, Common Stock, Board of Directors
3 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 on June 12, 2026"
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.
FAQ
What insider transaction did SCKT director William L. Parnell Jr. report?
Director William L. Parnell Jr. reported receiving a grant of 10,000 shares of Socket Mobile common stock. The shares were awarded on June 12, 2026 as part of compensation to the newly elected Board of Directors, according to the Form 4 filing.
Was the SCKT insider transaction a market purchase or a compensation grant?
The Socket Mobile insider transaction was a compensation grant, not a market purchase. The Form 4 uses code “A” and describes it as a grant, award, or other acquisition, awarded to the newly elected Board of Directors at no cash cost per share.