Socket Mobile (SCKT) director receives 4,000-share stock grant as compensation

Rhea-AI Filing Summary

Lazarev Ivan reported acquisition or exercise transactions in this Form 4 filing.

SOCKET MOBILE, INC. director Ivan Lazarev received a grant of 4,000 shares of common stock on April 29, 2026. The shares were awarded at a value of $0.8668 per share under a Director Compensation Program that lets directors take stock instead of cash fees.

After this grant, Lazarev directly holds 105,560 common shares. The award represents a portion of his annual cash retainer fee, paid quarterly, and is compensation rather than an open‑market stock purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lazarev Ivan

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,000	$0.8668	$3K

Holdings After Transaction: Common Stock — 105,560 shares (Direct, null)

Footnotes (1)

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Key Figures

Stock grant size: 4,000 shares Valuation price: $0.8668 per share Shares held after grant: 105,560 shares

3 metrics

Stock grant size 4,000 shares Common stock awarded on April 29, 2026

Valuation price $0.8668 per share Market closing price used for the grant

Shares held after grant 105,560 shares Director’s direct common stock holdings post-transaction

Key Terms

Director Compensation Program, annual cash retainer fee, market closing price

3 terms

Director Compensation Program financial

"the Board of Directors approved a Director Compensation Program which allows Directors to receive common stock"

annual cash retainer fee financial

"in lieu of a portion of his annual cash retainer fee paid quarterly"

market closing price financial

"Shares were valued at the market closing price of $0.8668"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lazarev Ivan

(Last) (First) (Middle)

40675 ENCYCLOPEDIA CIR

(Street)

FREMONT CALIFORNIA 94538

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SOCKET MOBILE, INC. [ SCKT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/29/2026		A(1)		4,000	A	$0.8668	105,560	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Effective April 29, 2026, the Board of Directors approved a Director Compensation Program which allows Directors to receive common stock in lieu of their cash compensation. The number of shares of common stock shown reflects the common stock this Reporting Person is entitled to receive in lieu of a portion of his annual cash retainer fee paid quarterly. Shares were valued at the market closing price of $0.8668.

	/s/ Ivan Lazarev	05/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did SOCKET MOBILE (SCKT) director Ivan Lazarev report on this Form 4?

Ivan Lazarev reported receiving 4,000 shares of SOCKET MOBILE common stock as compensation. The shares were granted under a Director Compensation Program that lets directors receive stock instead of part of their cash retainer, paid on a quarterly basis.

At what price were Ivan Lazarev’s SOCKET MOBILE (SCKT) shares valued?

The 4,000 shares granted to Ivan Lazarev were valued at $0.8668 per share. This value reflects the market closing price used to determine how many shares he received instead of a portion of his cash director retainer.

How many SOCKET MOBILE (SCKT) shares does Ivan Lazarev hold after this transaction?

Following this compensation grant, Ivan Lazarev directly holds 105,560 shares of SOCKET MOBILE common stock. This updated holding reflects the addition of 4,000 shares received as part of his director compensation in lieu of part of his annual cash retainer.

Is Ivan Lazarev’s Form 4 transaction in SCKT an open-market purchase or compensation?

The Form 4 transaction is a compensation grant, not an open-market purchase. Lazarev received 4,000 shares under a Director Compensation Program that allows directors to take common stock instead of a portion of their quarterly cash retainer fee.

What is SOCKET MOBILE (SCKT)’s Director Compensation Program mentioned in the filing?

The Director Compensation Program, effective April 29, 2026, lets directors receive common stock instead of cash compensation. The number of shares granted reflects a portion of each director’s annual cash retainer, valued using the market closing price of the stock.