Socket Mobile director awarded 2,000 shares
PARNELL WILLIAM L. JR reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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. received a grant of 2,000 shares of common stock on August 6, 2026 under a Board-approved Director Compensation Program allowing directors to take stock instead of cash fees. The shares were valued at $1.00 per share for compensation purposes, compared with a $0.39 closing market price, bringing his direct holdings to 108,600 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,000 | $1.00 | $2K |
Footnotes (1)
- F1. Effective August 6, 2026, the Board of Directors approved a Director Compensation Program allowing Directors to receive common stock in lieu of cash compensation. The shares were granted at $1.00 per share, compared with the closing market price of $0.39 per share.
Key Figures
Key Terms
Director Compensation Program financial
in lieu of cash compensation financial
closing market price market
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SOCKET MOBILE (SCKT) report for William L. Parnell Jr.?
At what price was the SCKT director stock compensation valued?
What is the purpose of SOCKET MOBILE’s Director Compensation Program mentioned in the Form 4?
Was the SCKT Form 4 transaction a market buy or sell by the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.