Director Ivan Lazarev filed a Form 4 with the SEC on October 29, 2026, reporting the acquisition of 2,000 shares of Socket Mobile, Inc. common stock on October 28, 2026, under a newly approved Director Compensation Program.

Key Highlights

  • Transaction: Ivan Lazarev acquired 2,000 shares of Socket Mobile, Inc. common stock on October 28, 2026, via transaction code "A" (acquisition).
  • 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.
  • Director Compensation Program: The Board of Directors approved a program on October 28, 2026, allowing directors to receive common stock in lieu of cash compensation.
  • Beneficial ownership after transaction: Lazarev directly owned 119,560 shares of common stock following the reported transaction.
  • Reporting person role: Ivan Lazarev is identified as a Director of Socket Mobile, Inc. (NASDAQ:SCKT).

Socket Mobile Director Lazarev Receives Shares Under New Stock-for-Cash Program

According to the Form 4 filed on October 29, 2026, Ivan Lazarev, a director of Socket Mobile, Inc. (NASDAQ:SCKT), reported acquiring 2,000 shares of the company's common stock on October 28, 2026. The filing indicates the shares were granted at a price of $1.00 per share, while the closing market price on that date was $0.3402 per share.

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 acquired directly, as indicated by the ownership form designation "D" in the filing. Following the reported transaction, Lazarev's total direct beneficial ownership of Socket Mobile common stock stands at 119,560 shares, as disclosed in the filing.

No derivative securities transactions were reported in Table II of the filing. The Form 4 was filed by Lazarev as a single reporting person and bears his signature dated October 29, 2026. No amendment date is listed, indicating this is an original filing.

What Was Disclosed

Director Ivan Lazarev disclosed the acquisition of 2,000 shares of Socket Mobile common stock at $1.00 per share on October 28, 2026, under a Board-approved program permitting stock in lieu of cash compensation, bringing his direct holdings to 119,560 shares.