SCHEDULE: Immersion Corp CEO Eric Singer Discloses 5.5% Stake

Eric Singer, CEO of Immersion Corp, has filed a Schedule 13D, disclosing beneficial ownership of approximately 5.5% of the company's common stock, comprising both purchased shares and equity awards.

Summary

• Eric Singer, President, CEO, and Chairman of Immersion Corp, has filed a Schedule 13D, reporting beneficial ownership of 1,826,961 shares of common stock.
• This ownership represents approximately 5.5% of the company's outstanding shares, based on 33,191,901 shares outstanding as of July 15, 2026.
• The shares owned include 397,825 shares purchased with personal funds for $2,408,663 and 1,429,136 shares awarded for his service as an officer and director.
• Singer has sole voting and dispositive power over all beneficially owned shares.
• The filing details Singer's compensation, including base salary increases, a signing bonus, eligibility for annual bonuses, and restricted stock awards.
• It also outlines terms of a change of control and severance agreement, providing for significant severance benefits upon involuntary termination.
• Singer may engage in future transactions, including buying or selling securities, subject to the company's insider trading policy.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive filing, primarily due to the CEO's significant beneficial ownership and clear commitment to the company, alongside detailed information on compensation and severance, indicating a stable leadership structure.

Positives

• CEO Eric Singer demonstrates significant beneficial ownership (5.5%) of Immersion Corp's common stock, indicating strong alignment with shareholders.
• Detailed information on compensation, including salary increases and equity awards, suggests a structured and potentially rewarding executive compensation plan.
• The existence of a change of control and severance agreement provides a degree of security for the CEO, potentially contributing to leadership stability.
• Singer's sole voting and dispositive power over his shares simplifies decision-making regarding his holdings.

Negatives

• The filing does not disclose any negative financial performance or operational challenges.
• No specific forward-looking statements about future performance are detailed beyond the CEO's potential for future stock transactions.

Risks

• Potential future stock sales by the CEO, subject to the Insider Trading Policy, could impact share price if not managed carefully.
• The change of control and severance agreement, while providing security, represents a potential future financial obligation for the company.

Future Outlook

Subject to the Issuer's insider trading policy, Mr. Singer may from time to time buy or sell securities of the Issuer, including through a trading plan, or enter into derivative transactions, depending on his evaluation of the Issuer's business, prospects, financial condition, market conditions, and other factors.

Management Comments

• Mr. Singer may have influence over the corporate activities of the Issuer.
• Mr. Singer does not anticipate making any disclosures in connection with his participation in the transactions and activities of the Issuer separate and apart from relevant disclosures by the Issuer, unless otherwise required by Schedule 13D.
• Mr. Singer may, at any time and from time to time, review, reconsider and change his intention with respect to any and all matters referred to in Item 4.
• Mr. Singer may from time to time, purchase additional securities of the Issuer either in the open market or in privately-negotiated transactions, depending upon the evaluation by Mr. Singer of the Issuer's business, prospects and financial condition, the market for such securities, other opportunities available to Mr. Singer, general economic conditions, stock market conditions and other factors.
• Mr. Singer may also decide to hold or dispose of all or part of his investments in securities of the Issuer and/or enter into derivative transactions with institutional counterparties with respect to the Issuer's securities.

Industry Context

StockSavvy.ai notes that significant beneficial ownership by a CEO, as disclosed in this Schedule 13D, is often viewed positively by the market as it signals strong management commitment. This filing provides transparency regarding the leadership's stake in Immersion Corp, which is crucial for investor confidence in the technology sector.

Stakeholder Impact

• Shareholders: Increased confidence due to CEO's significant stake and alignment of interests. Potential for share price fluctuation based on CEO's future trading activity.
• Employees: Stability in leadership may foster a more secure work environment. Executive compensation details may influence employee morale.
• Creditors: Stable leadership and clear executive agreements can be seen as positive for financial stability.

Next Steps

• Eric Singer may continue to buy or sell securities of Immersion Corp.
• Eric Singer may enter into derivative transactions with institutional counterparties.
• Vesting of remaining RSUs will continue over the specified periods.

Key Dates

Recommendation

The filing primarily provides transparency on the CEO's beneficial ownership and compensation structure. While the CEO's significant stake is a positive indicator of commitment, there is no new material financial or strategic information that would warrant a change in investment recommendation based solely on this filing. Therefore, a 'hold' recommendation is appropriate pending further company disclosures.

Keywords

Immersion Corp, Eric Singer, Schedule 13D, Beneficial Ownership, Common Stock, CEO, Executive Compensation, Restricted Stock Units