STOCK TITAN

Immersion Corp (IMMR) pays strategy chief partly in stock for salary

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MARTIN WILLIAM C reported acquisition or exercise transactions in this Form 4 filing.

Immersion Corp Chief Strategy Officer William C. Martin received a grant of 5,640 shares of common stock on July 31, 2026. According to the disclosure, the shares were issued in lieu of salary earned over the three months ended July 31, 2026, after withholding taxes and required cash payments, resulting in 1,423,164 shares held directly.

Positive

  • None.

Negative

  • None.
Insider MARTIN WILLIAM C
Role Chief Strategy Officer
Type Security Shares Price Value
Grant/Award Common Stock F1 5,640 $0.00 $0.00
Holdings After Transaction: Common Stock — 1,423,164 shares (Direct)
Footnotes (1)
  1. F1. Common stock issued to the Reporting Person in lieu of salary earned, during the three months ended July 31, 2026, less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total shares of the Issuer's common stock issued to the Reporting Person was calculated by determining the salary earned by the Reporting Person during the three months ended July 31, 2026, less applicable withholding taxes and amounts required to be paid in cash to the Reporting Person pursuant to applicable law, and dividing the remainder by the closing price on July 31, 2026.
Shares granted 5640.0000 shares Common stock awarded on July 31, 2026 as compensation in lieu of salary
Holdings after transaction 1423164.0000 shares Total common stock directly owned by William C. Martin after the grant
Transactions reported 1 transaction Single non-derivative grant/award acquisition of common stock
withholding taxes financial
"less applicable withholding taxes and amounts required to be paid"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
in lieu of salary financial
"Common stock issued to the Reporting Person in lieu of salary earned"
closing price financial
"dividing the remainder by the closing price on July 31, 2026"
applicable law regulatory
"amounts required to be paid to the Reporting Person in cash pursuant to applicable law"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Immersion Corp (IMMR) report for William C. Martin?

Immersion Corp reported that Chief Strategy Officer William C. Martin received 5,640 shares of common stock on July 31, 2026. These shares were granted as equity compensation rather than cash salary for the preceding three-month period.

How were the 5,640 IMMR shares to William C. Martin calculated?

The 5,640 shares issued to William C. Martin were based on salary earned over three months, less withholding taxes and required cash payments, with the net amount divided by the closing price on July 31, 2026.

What is William C. Martin’s total IMMR shareholding after this grant?

After the grant, William C. Martin directly holds 1,423,164 shares of Immersion Corp common stock. This figure reflects his position immediately following the July 31, 2026 equity compensation issuance.

Was the IMMR insider grant to William C. Martin made under a Rule 10b5-1 plan?

The disclosure’s Rule 10b5-1 checkbox is not marked, indicating the reported transaction was not identified as being made pursuant to a Rule 10b5-1 trading plan.

What type of compensation does the IMMR share grant to William C. Martin represent?

The transaction represents equity compensation in lieu of cash salary. Common stock was issued to William C. Martin instead of part of his salary for the three months ended July 31, 2026.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MARTIN WILLIAM C

(Last)(First)(Middle)
C/O IMMERSION CORPORATION
2999 N. E. 191ST STREET, SUITE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
IMMERSION CORP [ IMMR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/31/2026A5,640(1)A$01,423,164D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Common stock issued to the Reporting Person in lieu of salary earned, during the three months ended July 31, 2026, less applicable withholding taxes and amounts required to be paid to the Reporting Person in cash pursuant to applicable law. The total shares of the Issuer's common stock issued to the Reporting Person was calculated by determining the salary earned by the Reporting Person during the three months ended July 31, 2026, less applicable withholding taxes and amounts required to be paid in cash to the Reporting Person pursuant to applicable law, and dividing the remainder by the closing price on July 31, 2026.
/s/ William C. Martin08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)