Form 4: Immersion Corp Chief Strategy Officer Reports Routine Stock Transaction for Tax Withholding

Immersion Corp's Chief Strategy Officer, William C. Martin, reported the disposition of 68,400 shares of common stock at $7.91 per share to cover tax obligations related to restricted stock unit vesting.

Summary

• William C. Martin, a Director and Chief Strategy Officer of Immersion Corp (IMMR), reported a transaction involving the company's common stock.
• On July 1, 2025, 68,400 shares of Immersion Corp common stock were disposed of at a price of $7.91 per share.
• This transaction was identified as an 'F' transaction code, indicating shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
• Following this reported transaction, William C. Martin directly beneficially owns 1,352,900 shares of Immersion Corp common stock.

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary transaction (tax withholding upon RSU vesting) which is neutral in sentiment. It does not indicate positive or negative operational or financial performance.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, specifically related to tax withholding upon restricted stock unit vesting. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The transaction is a routine administrative event and is unlikely to have a significant direct impact on shareholders, as it reflects a common mechanism for equity compensation.

Key Dates

Keywords

Immersion Corp, IMMR, Form 4, SEC filing, insider transaction, stock disposition, tax withholding, restricted stock units, William C. Martin, Chief Strategy Officer