Socket Mobile (SCKT) director takes 4,000 shares as retainer compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marx Felix reported acquisition or exercise transactions in this Form 4 filing.
SOCKET MOBILE, INC. director Felix Marx received a grant of 4,000 shares of common stock on April 29, 2026 as part of director compensation. The shares were issued in lieu of a portion of his annual cash retainer fee and valued at $0.8668 per share, based on the market closing price. Following this award, he holds 12,643 common shares directly. This reflects compensation-related share issuance rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marx Felix
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,000 | $0.8668 | $3K |
Holdings After Transaction:
Common Stock — 12,643 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 4,000 shares
Grant valuation price: $0.8668 per share
Shares owned after grant: 12,643 shares
3 metrics
Shares granted
4,000 shares
Director stock grant on April 29, 2026
Grant valuation price
$0.8668 per share
Market closing price used for director retainer conversion
Shares owned after grant
12,643 shares
Felix Marx direct common stock holdings after transaction
Key Terms
Director Compensation Program, annual cash retainer fee, market closing price, Form 4
4 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 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Socket Mobile (SCKT) director Felix Marx report on this Form 4?
Felix Marx reported receiving 4,000 shares of Socket Mobile common stock as compensation. The award represents stock taken in lieu of part of his director cash retainer, rather than an open-market purchase, and increases his directly held shares to 12,643.
Was Felix Marx’s Socket Mobile (SCKT) Form 4 a market purchase or a compensation grant?
The Form 4 reflects a compensation grant, not a market purchase. Marx received 4,000 shares under a Director Compensation Program that allows directors to take common stock in lieu of part of their cash retainer, valued at the market closing price.
What is Socket Mobile’s Director Compensation Program mentioned in Felix Marx’s filing?
Effective April 29, 2026, Socket Mobile’s Board approved a Director Compensation Program. It allows directors to receive common stock instead of cash for part of their annual retainer, with shares valued at the applicable market closing price when granted.