Director and 10% owner Charlie Bass filed a Form 4 with the SEC on October 29, 2026, reporting the acquisition of 1,600 shares of Socket Mobile, Inc. common stock on October 28, 2026, under a newly approved Director Compensation Program.

Key Highlights

  • Shares acquired: Charlie Bass received 1,600 shares of Socket Mobile common stock on October 28, 2026.
  • Grant price: Shares were granted at $1.00 per share, according to the filing.
  • Closing market price: The filing notes the closing market price on the transaction date was $0.3402 per share.
  • Program basis: The Board of Directors approved a Director Compensation Program on October 28, 2026, allowing directors to receive common stock in lieu of cash compensation.
  • Resulting ownership: Following the transaction, Bass directly holds 1,724,402 shares of common stock.
  • Role: Bass is identified in the filing as both a Director and a 10% Owner of Socket Mobile, Inc.

Charlie Bass Receives Stock Under Socket Mobile Director Compensation Program

According to the Form 4 filed on October 29, 2026, Charlie Bass, a director and 10% owner of Socket Mobile, Inc. (NASDAQ:SCKT), acquired 1,600 shares of common stock on October 28, 2026. The transaction code recorded in the filing is "A," indicating an acquisition. The shares were issued directly to Bass and are reported under Table I as non-derivative securities.

The filing's explanation of responses states: "Effective October 28, 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. The filing separately notes that the closing market price on the transaction date was $0.3402 per share. No cash was paid by Bass; the price of $1.00 per share reflects the grant valuation established under the program, as disclosed in the filing.

Following the reported transaction, the filing discloses that Bass beneficially owns 1,724,402 shares of Socket Mobile common stock directly. No derivative securities transactions were reported in Table II of this filing. The Form 4 was filed by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

Charlie Bass, director and 10% owner of Socket Mobile, Inc., reported a grant of 1,600 common shares on October 28, 2026, under a Board-approved Director Compensation Program, at a grant price of $1.00 per share, bringing his direct holdings to 1,724,402 shares.