Form 4: IMMR CEO Eric Singer Reports Routine Stock Disposition

Immersion Corp's CEO, Eric Singer, reported a disposition of 14,757 common shares to cover tax obligations from restricted stock unit vesting.

Summary

• Eric Singer, President and CEO, and a Director of Immersion Corp (IMMR), reported a transaction on October 1, 2025.
• The transaction involved the disposition of 14,757 shares of Common Stock.
• These shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
• The price per share for the disposition was $7.28.
• Following this transaction, Eric Singer beneficially owns 1,938,961 shares of Immersion Corp Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding purposes upon RSU vesting, which is a neutral event and does not reflect a change in the insider's investment sentiment or the company's prospects.

Future Outlook

This filing reports a past transaction and does not contain forward-looking statements or guidance.

Industry Context

This is a standard insider transaction (Form 4) reporting a non-discretionary event (tax withholding upon RSU vesting). It does not provide specific insights into broader industry trends or competitive landscape. Such transactions are common for executives receiving equity compensation.

Comparison to Industry Standards

• This filing reports a routine, non-discretionary transaction by an insider, which is standard practice for equity compensation and tax obligations across all industries. It does not present results or performance metrics that can be compared to industry benchmarks or specific companies/projects.

Stakeholder Impact

• Shareholders: Minimal impact. This is a routine, non-discretionary transaction for tax purposes and does not signal a change in the company's fundamentals or the insider's confidence.
• Management: Eric Singer's beneficial ownership remains substantial, indicating continued alignment with shareholder interests.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares by CEO Eric Singer to cover tax obligations arising from restricted stock unit vesting. Such transactions are common for executives receiving equity compensation and do not typically indicate a change in the company's fundamental outlook or the insider's confidence. Therefore, it provides no new information that would warrant a change in investment recommendation; a "hold" stance is appropriate based solely on this filing.

Keywords

Immersion Corp, IMMR, Eric Singer, Form 4, insider transaction, CEO, Director, RSU vesting, tax withholding, common stock