Form 4: Immersion Corp CEO Eric Singer Reports Routine Share Withholding for Tax Obligations
Insider Transaction Report
Immersion Corp's President and CEO, Eric Singer, reported the withholding of 113,132 shares of common stock to cover tax obligations related to restricted stock unit vesting on July 1, 2025.
Summary
- Eric Singer, President and CEO, and a Director of Immersion Corp (IMMR), reported transactions on July 1, 2025.
- A total of 113,132 shares of Immersion Corp common stock were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
- The shares were withheld at a price of $7.91 per share.
- Following these transactions, Eric Singer beneficially owns 1,966,835 shares of Immersion Corp common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction related to compensation and tax obligations, which is neither inherently positive nor negative for the company's operational performance or outlook.
Positives
- The transaction represents a routine vesting of restricted stock units, indicating a standard compensation event for the CEO.
- The CEO continues to hold a significant beneficial ownership of 1,966,835 shares after the transactions, aligning his interests with shareholders.
Negatives
- No direct negative implications are present as the transaction is a routine tax withholding related to compensation.
Future Outlook
This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report specific to Immersion Corp and its CEO, Eric Singer, and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The transaction is a routine compensation event and indicates the CEO's continued significant ownership in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of transaction where shares were withheld to satisfy tax withholding obligations upon restricted stock units vesting. |
| 07/02/2025 | Signature date of the reporting person, Eric Singer. |
Keywords
Immersion Corp, IMMR, Eric Singer, Form 4, insider transaction, stock withholding, restricted stock units, RSU vesting, beneficial ownership
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