---
schema_version: "secwatch.filing_event.v1"
accession: "0000944075-24-000019"
form_type: "8-K"
ticker: "SCKT"
cik: "0000944075"
company_name: "SOCKET MOBILE, INC."
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:40:20.727342+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Socket Mobile extends CEO Kevin Mills' employment agreement to March 31, 2026

## Summary
- New employment agreement extends to March 31, 2026; prior agreement expired Sept 30, 2025.
- Severance: 6 months base salary plus COBRA premium reimbursement for 6 months on involuntary termination.
- Change-of-control provision: executive receives 1% of consideration if stock price >= $5.00/share.
- Unvested stock options cease vesting at termination; pro-rata vesting for restricted stock on involuntary termination.
- Voluntary termination with 60-day notice by executive with >10 years service allows post-termination option exercise for remaining grant life.

## SEC filing metadata
- accession: 0000944075-24-000019
- form_type: 8-K
- ticker: SCKT
- cik: 0000944075
- company_name: SOCKET MOBILE, INC.
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944075/000094407524000019/0000944075-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944075/000094407524000019/form-8k0404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000944075-24-000019
- JSON: https://secwatch.observer/filing/0000944075-24-000019.json
- Plain text: https://secwatch.observer/filing/0000944075-24-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.