Form 4: Immersion Corp CSO Receives Stock as Salary

Immersion Corp's Chief Strategy Officer and Director, William C. Martin, acquired 7,952 shares of common stock in lieu of salary.

Summary

• William C. Martin, Chief Strategy Officer and Director of Immersion Corp (IMMR), acquired 7,952 shares of the company's common stock.
• The transaction occurred on October 31, 2025.
• These shares were issued to Mr. Martin in lieu of salary earned during the three months ended October 31, 2025.
• The number of shares was calculated by determining the net salary earned (after withholding taxes and required cash payments) and dividing it by the closing price of the common stock on October 31, 2025.
• Following this transaction, Mr. Martin beneficially owns 1,367,992 shares of Immersion Corp common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive, even as compensation, generally indicates continued alignment of interests with shareholders and can be viewed as a positive signal of confidence in the company's future.

Positives

• The acquisition of shares by a key executive and director increases their direct ownership stake, aligning their interests more closely with those of other shareholders.
• Receiving stock as compensation can signal management's confidence in the company's future performance and long-term value.

Future Outlook

This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

Stock-based compensation is a common practice across various industries, particularly in technology and growth-oriented companies, to align executive incentives with shareholder value creation and conserve cash.

Related Party Transactions

• The issuance of common stock to William C. Martin in lieu of salary constitutes a related party transaction between the company and a key executive/director.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with shareholder value due to higher insider ownership.
• Employees: The compensation structure for executives, including stock-based pay, can influence overall compensation philosophy.

Key Dates

Recommendation

This Form 4 reports a routine compensation-based stock acquisition by a key executive. While it reflects alignment of interests, it does not provide new fundamental information or significant changes in company prospects to warrant a change from a 'hold' recommendation for existing investors.

Keywords

Immersion Corp, IMMR, Form 4, Insider Transaction, Stock Compensation, William C. Martin, Chief Strategy Officer, Director, Equity Grant