secwatch.observer — SEC 8-K summary
======================================

Issuer:     SOCKET MOBILE, INC. (SCKT)
CIK:        0000944075
Form:       8-K
Filed at:   2026-06-12T20:05:50+00:00
Accession:  0000944075-26-000044
Event type: leadership
Sentiment:  negative
Materiality: 0.80
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Socket Mobile removes CEO Kevin Mills, appoints David A. Holmes as President and CEO
--------------------------------------------------------------------------------

- Kevin Mills removed as President/CEO on June 8, 2026; placed on paid administrative leave pending termination.
- David A. Holmes appointed President and CEO effective June 12, 2026; previously Chief Business Officer since May 2021.
- Holmes has over 20 years of experience in NFC and mobile payments; held roles at NXP, Identive Group, and UL Solutions.
- Holmes' base salary increased from $287,000 to $320,000 effective June 12, 2026; all other terms remain unchanged.
- No arrangements or family relationships between Holmes and any director or executive officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944075/000094407526000044/0000944075-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944075/000094407526000044/form-8k0612.htm
  HTML page:      https://secwatch.observer/filing/0000944075-26-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer