Form 4: Immersion Corp Executive William C. Martin Reports Acquisition of Common Stock as Compensation

William C. Martin, Chief Strategy Officer of Immersion Corp, reports acquiring 10,239 shares of common stock as part of a pro-rated bonus compensation.

Summary

• On May 2, 2025, William C. Martin, Chief Strategy Officer of Immersion Corp, acquired 10,239 shares of common stock.
• The acquisition was part of a pro-rated cash bonus for the first four months of calendar year 2025, aligning with the Issuer's new fiscal year ending April 30.
• Common Stock was issued in lieu of the pro-rated cash bonus, less applicable withholding taxes and amounts required to be paid in cash.
• The total shares issued were calculated by dividing the pro-rated bonus earned, subtracting applicable taxes and cash payments, and dividing the remainder by the closing price on May 2, 2025.
• Following the transaction, Martin directly owns 1,421,300 shares of Immersion Corp.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition as part of compensation.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

There are no specific forward-looking statements in this document.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Insider Trading, Stock Acquisition, William C. Martin, Immersion Corp, IMMR, Compensation, Common Stock