SOCKET MOBILE, INC.

8-K · form-8k0612.htm iXBRL

0000944075

 2026-06-08
 2026-06-08

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 UNITED STATES

 SECURITIES
AND EXCHANGE COMMISSION

 Washington,
DC 20549

  

  

 FORM 8-K

  

 CURRENT REPORT

 Pursuant to
Section 13 or 15(d) of

 The Securities
Exchange Act of 1934

  

 June 8, 2026

 Date of Report

(Date of earliest event reported)

  

  

 SOCKET MOBILE,
INC.

 (Exact name of
registrant as specified in its charter)

  

 Delaware
  
 001-13810
  
 94-3155066

 (State or other jurisdiction of incorporation)
  
 (Commission File Number)
  
 (IRS Employer

 Identification No.)

  

 40675 Encyclopedia Cir.

 Fremont , CA 94538

 (Address of principal
executive offices, including zip code)

  

 (510) 933-3000

 (Registrant’s
telephone number, including area code)

  

  

 Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):

 [ ] Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)

 [ ] Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 [ ] Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 [
] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 Securities registered pursuant to Section 12(b) of the Act:

 Title of each class
 Trading Symbol(s)
 Name of each exchange on which registered

 Common stock, $0.001 Par Value per Share
 SCKT
 NASDAQ

 Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
(17 CFR §240.12b-2).

 Emerging growth company [ ]

 If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

  

  

  

  

  

 Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.

  

 Departure of President and Chief Executive Officer

  

 On June 8, 2026, the independent members of the Board
of Directors (the “Board”) of Socket Mobile, Inc. (the “Company”) notified Kevin Mills of the Board’s decision
to remove him from his role as President and Chief Executive Officer of the Company. While the parties negotiate the date of Mr. Mills’
termination of employment with the Company, Mr. Mills remains on paid administrative leave.

  

 Appointment of President and Chief Executive Officer

  

 On June 12, 2026, the Board appointed David A. Holmes,
age 51, as President and Chief Executive Officer of the Company, effective immediately.

  

 Mr. Holmes joined the Company in May 2021 as Chief
Business Officer and has been responsible for the Company's worldwide business development and marketing activities since that time. Mr.
Holmes has over 20 years of experience in the Near-Field Communications (NFC) and mobile payments industry. Prior to joining the Company,
he held positions with NXP and Identive Group. Most recently, from February 2016 to May 2021, he was with UL Solutions’ Cybersecurity
division, where he was responsible for Global Strategic Accounts. Mr. Holmes holds a Master of Business Administration degree from Portland
State University and a Bachelor of Science degree in Industrial Engineering from the University of Nebraska.

  

 In connection with Mr. Holmes’ appointment as
President and Chief Executive Officer, the Board approved an increase in his annual base salary from $287,000 to $320,000, effective June
12, 2026. All other material terms of Mr. Holmes' employment agreement remain unchanged and are described in the Company’s
 Definitive Proxy Statement on Schedule 14A relating to the Company’s 2026 annual meeting of stockholders, filed with the Securities
and Exchange Commission on April 14, 2026.

  

 There are no arrangements or understandings between
Mr. Holmes and any other person pursuant to which he was selected as President and Chief Executive Officer, except as described herein.
There are no family relationships between Mr. Holmes and any director or executive officer of the Company. There are no transactions involving
Mr. Holmes requiring disclosure under Item 404(a) of Regulation S-K, except as previously disclosed in the Company's filings with the
Securities and Exchange Commission.

  

  

  

  

  

  

  

  

  

  

  

 SIGNATURES

  

 Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

  

  
  
 SOCKET MOBILE, INC.

  
  
  

  
 By:
 /s/ Lynn Zhao
  

  
  

 Name: Lynn Zhao

 Chief Financial Officer and Director

  

 Date: June 12, 2026