Socket Mobile extends exec agreements, appoints new CTO

SOCKET MOBILE, INC.

Extended employment agreements for Dave Holmes (to Mar 2028), Leonard Ott (to Mar 2026), and Lynn Zhao (to Mar 2028).
Appointed Eric Glaenzer as VP & Chief Technology Officer; agreement expires June 30, 2028.
Severance: six months base salary for officers on involuntary not-for-cause termination; Glaenzer gets up to five months based on service.
Change-of-control provisions: officers receive 1% of consideration if stock price ≥ $5; Glaenzer may get bonus pool up to 10% of acquisition price.
No financial impact disclosed; agreements are standard compensatory arrangements.

item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Eric Glaenzer

Vice President and Chief Technology Officer

SCKT · SOCKET MOBILE, INC.

Effective: 2024-08-09
Filed: August 15, 2024, 7:59 PM ET

On August 9, 2024, the Company entered into an Executive Employment Agreement (the “Agreement”), with Mr. Eric Glaenzer appointing him as Vice President and Chief Technology Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Eric Glaenzer was appointed as Vice President and Chief Technology Officer at SOCKET MOBILE, INC..

Action: appointed
Role: Vice President and Chief Technology Officer

Exact text from the filing

On August 9, 2024, the Company entered into an Executive Employment Agreement (the “Agreement”), with Mr. Eric Glaenzer appointing him as Vice President and Chief Technology Officer.

View on SEC.gov

SOCKET MOBILE, INC. filing history →

Source: SEC EDGAR

accession 0000944075-24-000057

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.