Form 4: Immersion Corp: Insider Sells Shares for Tax Withholding

Eric Singer, President and CEO of Immersion Corp, reported a disposition of 14,757 shares of common stock on July 1, 2026, to cover tax withholding obligations upon restricted stock unit vesting.

Summary

• Eric Singer, President and CEO and Director of Immersion Corporation, disposed of 14,757 shares of common stock on July 1, 2026.
• The disposition was made to satisfy tax withholding obligations related to the vesting of restricted stock units.
• The transaction price was $6.93 per share.
• Following this transaction, Singer beneficially owns 2,116,558 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the transaction is a standard procedure for covering tax liabilities on vested equity and does not inherently signal a change in the insider's view of the company's prospects.

Negatives

• Insider Eric Singer sold a portion of his holdings, although this was for tax withholding purposes and not necessarily indicative of a negative view on the company's prospects.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a routine insider transaction for tax purposes.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The sale of shares by an executive to cover tax obligations upon vesting of equity awards is a common and generally non-indicative event regarding the company's future performance.

Stakeholder Impact

• Shareholders: The disposition of shares by an executive for tax purposes is a routine event and is not expected to have a significant direct impact on the share price or overall shareholder value.

Key Dates

Keywords

Immersion Corp, IMMR, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Eric Singer, President and CEO, Director