Form 4: Immersion Corp Executive William C. Martin Reports Acquisition of Common Stock in Lieu of Salary

William C. Martin, Chief Strategy Officer at Immersion Corp, acquired 5,968 shares of common stock in lieu of salary on April 30, 2025.

Summary

• On April 30, 2025, William C. Martin, Chief Strategy Officer of Immersion Corp, acquired 5,968 shares of common stock.
• The acquisition was made in lieu of salary for the three months ended April 30, 2025.
• The shares were issued after deducting applicable withholding taxes and amounts required to be paid in cash.
• The number of shares was calculated by dividing the remaining salary amount by the closing price of Immersion Corp's common stock on April 30, 2025.
• Following the transaction, Martin directly owns 1,411,061 shares of Immersion Corp.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction of stock issued in lieu of salary. It doesn't indicate any significant positive or negative outlook.

Positives

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

Industry Context

Executive compensation in the form of stock is a common practice in the tech industry to align management's interests with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive compensation with company performance.

Key Dates

Keywords

Immersion Corp, William C. Martin, insider trading, Form 4, stock acquisition, executive compensation, IMMR, Chief Strategy Officer