Immersion Corp (IMMR) pays strategy chief partly in stock for salary
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 Trade Summary
Net Buyer: 5,640 shares
Net Buy
1 txn
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)
- 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.
Key Figures
Shares granted: 5640.0000 shares
Holdings after transaction: 1423164.0000 shares
Transactions reported: 1 transaction
3 metrics
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
Key Terms
withholding taxes, in lieu of salary, closing price, applicable law
4 terms
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.
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.
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.