IMMERSION CEO shares withheld for RSU tax at $5.56
IMMERSION CORP President and CEO Eric Singer reported routine tax-withholding share dispositions related to equity compensation.
Rhea-AI Filing Summary
IMMERSION CORP President and CEO Eric Singer reported routine tax-withholding share dispositions related to equity compensation. On restricted stock units vesting, a total of 29,607 shares of common stock were withheld at a price of $5.56 per share to cover tax obligations. After these non-market transactions, Singer directly owns 2,131,315 shares of IMMERSION CORP common stock.
Positive
- None.
Negative
- None.
Insights
CEO reported routine tax withholding tied to RSU vesting, not an open-market sale.
The Form 4 shows Eric Singer, President and CEO of IMMERSION CORP, had 29,607 common shares withheld at $5.56 per share to satisfy tax obligations upon restricted stock units vesting. The transaction code is F, which denotes tax-withholding disposition.
Because these are shares withheld by the issuer rather than sold into the market, they carry little informational value about Singer’s outlook on the stock. Following the dispositions, he still directly holds 2,131,315 shares, indicating he retains a substantial equity position in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 14,757 | $5.56 | $82K |
| Exercise Price or Tax Liability | Common Stock | 14,850 | $5.56 | $83K |
Footnotes (1)
- F1. Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
Form 4 regulatory
transaction code F financial
FAQ
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What did IMMERSION CORP (IMMR) CEO Eric Singer report on this Form 4?
What does transaction code F mean in the IMMERSION CORP Form 4 filing?
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