Socket Mobile (NASDAQ: SCKT) CEO gifts 128,981 shares

Rhea-AI Filing Summary

SOCKET MOBILE, INC. Chief Executive Officer Kevin J. Mills reported a bona fide gift of 128,981 shares of Common Stock on May 27, 2026. The shares were transferred at a stated price of $0.00 per share, indicating no sale proceeds. Following this gift, Mills directly holds 53,463 shares of Socket Mobile common stock.

Insider Trade Summary

128,981 shares gifted

Mixed 1 txn

Insider MILLS KEVIN J

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Gift	Common Stock	128,981	$0.00	--

Holdings After Transaction: Common Stock — 53,463 shares (Direct, null)

Footnotes (1)

Key Figures

Gifted shares: 128,981 shares Stated transaction price: $0.00 per share Shares held after transaction: 53,463 shares +2 more

5 metrics

Gifted shares 128,981 shares Bona fide gift of Common Stock on May 27, 2026

Stated transaction price $0.00 per share Price for gifted Common Stock shares

Shares held after transaction 53,463 shares Direct holdings following the gift

Gift transactions count 1 transaction Bona fide gift reported in Form 4

Total gifted shares in summary 128,981 shares GiftShares in transactionSummary

Key Terms

Common Stock, bona fide gift, Form 4, transaction code G

4 terms

Common Stock financial

"bona fide gift of 128,981 shares of Common Stock on May 27, 2026"

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.

bona fide gift financial

"reported a bona fide gift of 128,981 shares of Common Stock"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Form 4 regulatory

"The Form 4 classifies this as a bona fide gift transaction"

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.

transaction code G regulatory

"The Form 4 uses transaction code G and describes the action as a gift transfer"

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^*

MILLS KEVIN J

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

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	05/27/2026	05/27/2026	G		128,981	D	$0	53,463	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:

	/s/ Kevin Mills	05/28/2026
	** 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 insider transaction did SOCKET MOBILE (SCKT) report for Kevin J. Mills?

SOCKET MOBILE reported that CEO Kevin J. Mills made a bona fide gift of 128,981 shares of Common Stock on May 27, 2026. This was a non-market transfer at a stated price of $0.00 per share with no sale proceeds involved.

How many SOCKET MOBILE (SCKT) shares did Kevin J. Mills gift?

Kevin J. Mills gifted 128,981 shares of SOCKET MOBILE Common Stock. The Form 4 classifies this as a bona fide gift transaction, meaning the shares were transferred without consideration rather than sold in the open market.

What are Kevin J. Mills’ holdings after this SOCKET MOBILE (SCKT) gift?

After the reported gift transaction, Kevin J. Mills directly holds 53,463 shares of SOCKET MOBILE Common Stock. This figure reflects his position immediately following the transfer disclosed in the Form 4 filing for May 27, 2026.

Was the SOCKET MOBILE (SCKT) CEO’s transaction a sale or a gift?

The transaction was a bona fide gift, not a sale. The Form 4 uses transaction code G and describes the action as a gift transfer, with a reported price of $0.00 per share, indicating no cash consideration was received.

Does the SOCKET MOBILE (SCKT) CEO’s gift transaction affect market trading directly?

The gift transaction does not represent an open-market trade because the shares were transferred at $0.00 per share. It is a private, non-market disposition and does not itself show buying or selling activity on public exchanges.