STOCK TITAN

Director stock grant at Socket Mobile (SCKT) replaces cash pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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. reported an award of 6,250 shares of common stock on February 4, 2026, valued at $1.12 per share. This stock grant was received under a Board-approved Director Compensation Program that allows directors to take stock instead of cash fees. Following this award, he directly owns 91,600 common shares.

Positive

  • None.

Negative

  • None.
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*
PARNELL WILLIAM L. JR

(Last) (First) (Middle)
40675 ENCYCLOPEDIA CIR

(Street)
FREMONT CA 94538

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/04/2026 A(1) 6,250 A $1.12 91,600 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 February 4, 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 $1.12.
/s/ William Parnell 02/11/2026
** 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.

FAQ

What insider transaction did Socket Mobile (SCKT) report for William L. Parnell Jr.?

Socket Mobile reported that director William L. Parnell Jr. received an award of 6,250 common shares. The acquisition occurred on February 4, 2026, as part of his director compensation, with the shares valued at the market closing price of $1.12 per share.

How many Socket Mobile (SCKT) shares does the director own after this Form 4?

After the reported stock award, William L. Parnell Jr. beneficially owns 91,600 Socket Mobile common shares. The filing shows these shares as directly held, reflecting his updated ownership position following the 6,250-share grant under the director compensation program.

What is the Socket Mobile (SCKT) Director Compensation Program mentioned in the filing?

Effective February 4, 2026, Socket Mobile’s Board approved a Director Compensation Program allowing directors to receive common stock instead of cash compensation. The 6,250 shares reported represent stock granted in lieu of a portion of William L. Parnell Jr.’s annual cash retainer fee.

At what price were the Socket Mobile (SCKT) shares valued in this director grant?

The 6,250 common shares granted to director William L. Parnell Jr. were valued at $1.12 per share. That price reflects the market closing price used to determine the number of shares issued in lieu of part of his quarterly cash retainer.

Is the Socket Mobile (SCKT) Form 4 transaction a purchase or a grant?

The Form 4 describes the transaction as a grant or award acquisition, not an open-market purchase. Shares were issued to William L. Parnell Jr. as equity compensation in place of some cash director fees, according to the Board-approved program effective February 4, 2026.

Does the Socket Mobile (SCKT) director hold the reported shares directly or indirectly?

The filing shows William L. Parnell Jr.’s 91,600 common shares as held with direct ownership. No indirect ownership entity or special nature of ownership is indicated, meaning the reported position is attributed directly to the director himself in this Form 4.
Socket Mobile

NASDAQ:SCKT

SCKT Rankings

SCKT Latest News

SCKT Latest SEC Filings

SCKT Stock Data

8.53M
5.66M
Computer Hardware
Electronic Computers
Link
United States
FREMONT