Director Brenton Earl MacDonald 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

  • Transaction date: October 28, 2026, with the filing submitted October 29, 2026.
  • Shares acquired: 1,600 shares of Common Stock, coded as an acquisition (A).
  • 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.
  • Post-transaction ownership: MacDonald directly holds 10,200 shares of Common Stock following the transaction.
  • Program basis: The Board of Directors approved a Director Compensation Program allowing directors to receive common stock in lieu of cash compensation, effective October 28, 2026.

Socket Mobile Director Receives Shares Under New In-Lieu-of-Cash Program

According to the Form 4 filed with the SEC, Brenton Earl MacDonald, a director of Socket Mobile, Inc. (NASDAQ:SCKT), reported acquiring 1,600 shares of the company's Common Stock on October 28, 2026. The transaction was coded as an acquisition and carried a price of $1.00 per share, as stated in the filing.

The filing explains the context in a footnote: "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, compared with the closing market price of $0.3402 per share." The filing does not characterize the difference between the grant price and the closing market price beyond stating both figures.

Following the reported transaction, MacDonald's direct beneficial ownership of Socket Mobile Common Stock stands at 10,200 shares, according to the filing. The Form 4 was filed by one reporting person and is not an amendment to a prior filing. MacDonald's address on record is listed as Fremont, California.

What Was Disclosed

Director Brenton Earl MacDonald reported acquiring 1,600 shares of Socket Mobile Common Stock at $1.00 per share on October 28, 2026, under a Board-approved director compensation program permitting stock in lieu of cash. Post-transaction, he directly holds 10,200 shares.