Lazarev Ivan has acquired 2,000 shares of Socket Mobile, Inc. on October 28, 2026, at a price of $1.00 each. This acquisition is part of a new Director Compensation Program approved by the company’s Board of Directors, allowing directors to receive common stock in lieu of cash compensation. This change is significant as it reflects a growing trend among companies to align director pay with shareholder interests.

Socket Mobile, Inc. is a company operating in the electronic computers industry. The firm, which trades under the ticker symbol SCKT, is based in Fremont, California. The company has undergone changes in its corporate structure and branding, previously known as Socket Communications Inc before a name change in 1995.

The filing indicates that Lazarev Ivan now owns a total of 119,560 shares following this transaction. The compensation program is designed to provide directors with a stake in the company, potentially incentivizing them to focus on long-term growth and shareholder value.

This update may influence other directors and shareholders within Socket Mobile, as well as competitors in the electronic computers sector. By adopting a stock-based compensation model, Socket Mobile could set a precedent for how companies in this industry structure their director compensation.

The filing does not say what happens next.