SOCKET MOBILE (SCKT) director awarded 16,000 options as compensation repayment

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SOCKET MOBILE, INC. director William L. Parnell Jr. reported receiving a grant of options to acquire 16,000 shares of common stock. The options have an exercise price of $1.00 per share and were granted as repayment of 2025 voluntary compensation deductions. Following this award, he holds options on 62,000 shares. The options vest in equal monthly installments over four years, beginning on February 27, 2026, which spreads the potential share acquisition over time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PARNELL WILLIAM L. JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock Option	16,000	$0.00	--

Holdings After Transaction: Common Stock Option — 62,000 shares (Direct)

Footnotes (1)

Represents repayment of 2025 voluntary compensation deductions through the grant of stock options with an exercise price of $1.00 per share. The options vest in equal monthly installments over a four-year period commencing February 27, 2026. Vests monthly over a 4-year period commencing February 27, 2026.

Form 4 Insider Transactions: What Each Field Means →

03/03/2026 - 05:29 PM

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

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)
02/27/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock Option	$1	02/27/2026		A		16,000⁽¹⁾		⁽²⁾	02/27/2036	Common	16,000	$0	62,000	D

Explanation of Responses:

1. Represents repayment of 2025 voluntary compensation deductions through the grant of stock options with an exercise price of $1.00 per share. The options vest in equal monthly installments over a four-year period commencing February 27, 2026.

2. Vests monthly over a 4-year period commencing February 27, 2026.

	/s/ William Parnell	03/03/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SOCKET MOBILE (SCKT) disclose for William L. Parnell Jr.?

SOCKET MOBILE disclosed that director William L. Parnell Jr. received a grant of options for 16,000 common shares. The award represents compensation and increases his total option holdings to 62,000 shares following the transaction.

What is the exercise price of the new SOCKET MOBILE (SCKT) stock options?

The new options granted to William L. Parnell Jr. carry an exercise price of $1.00 per share. This means he can purchase SOCKET MOBILE common stock at $1.00 if and when the options vest and are exercised.

How do the new SOCKET MOBILE (SCKT) options for William L. Parnell Jr. vest?

The options granted to William L. Parnell Jr. vest in equal monthly installments over a four-year period. Vesting begins on February 27, 2026, gradually making portions of the 16,000-share grant exercisable each month.

Why were 16,000 SOCKET MOBILE (SCKT) options granted to William L. Parnell Jr.?

The 16,000 options were granted as repayment of 2025 voluntary compensation deductions. Instead of cash repayment, the director received stock options with a $1.00 exercise price, aligning part of his compensation with potential future share value.

What is William L. Parnell Jr.’s total SOCKET MOBILE (SCKT) option position after this Form 4?

After the reported grant, William L. Parnell Jr. holds options on 62,000 shares of SOCKET MOBILE common stock. This total reflects his option position following the 16,000-share award disclosed in the Form 4 filing.

Is the SOCKET MOBILE (SCKT) Form 4 transaction a purchase or an award?

The Form 4 transaction is an award of derivative securities, not an open-market purchase. It is coded as a grant or other acquisition, reflecting option-based compensation rather than buying existing shares on the market.