Socket Mobile (SCKT) director awarded 4,643 shares as stock pay
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 4,643 shares of common stock on February 4, 2026. The shares were awarded at a value of $1.12 per share under a Director Compensation Program that lets directors take stock instead of cash fees. After this stock award, Marx directly beneficially owns 11,643 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marx Felix
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,643 | $1.12 | $5K |
Holdings After Transaction:
Common Stock — 11,643 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Socket Mobile (SCKT) director Felix Marx report?
Felix Marx reported receiving 4,643 shares of Socket Mobile common stock. The shares were granted on February 4, 2026 at a value of $1.12 per share as part of his director compensation, increasing his direct holdings to 11,643 shares.
What is the nature of the Socket Mobile (SCKT) Form 4 transaction reported by Felix Marx?
The Form 4 shows an acquisition of common stock through a grant or award, not an open-market purchase. Marx received 4,643 shares as part of a Director Compensation Program that pays a portion of his annual retainer in stock instead of cash.
What is Socket Mobile’s Director Compensation Program mentioned in the Form 4?
Effective February 4, 2026, Socket Mobile’s Board approved a Director Compensation Program. It allows directors to receive common stock instead of cash compensation, with shares determined quarterly based on the market closing price and the portion of the annual cash retainer taken in stock.