Form 4: Immersion Corp CEO Eric Singer Reports Stock Disposal to Cover Tax Obligations

Eric Singer, CEO of Immersion Corporation, disposed of 13,117 shares of common stock on April 3, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On April 3, 2025, Eric Singer, the President and CEO of Immersion Corporation, reported a transaction involving the disposal of 13,117 shares of common stock.
• The shares were disposed of to satisfy tax withholding obligations upon the vesting of restricted stock units.
• Following the transaction, Singer directly owns 2,079,967 shares of Immersion Corp.
• The transaction was reported on Form 4, filed with the Securities and Exchange Commission (SEC).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, and does not indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations on vested stock, which is a common occurrence.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Eric Singer, Insider Trading, Stock Disposal, Tax Withholding, Restricted Stock Units, IMMR, Immersion Corp