IMMR CEO Withholds 13,117 Shares for Taxes; Holds 1.95 M Post-Vesting
The Form 4 filing discloses an administrative equity transaction by Immersion Corp (IMMR) President & CEO Eric Singer on 07/03/2025.
Rhea-AI Filing Summary
The Form 4 filing discloses an administrative equity transaction by Immersion Corp (IMMR) President & CEO Eric Singer on 07/03/2025. The company withheld 13,117 common shares (transaction code F) at a price of $8.09 to cover statutory taxes due upon the vesting of restricted stock units. Following the withholding, Singer’s direct ownership stands at 1,953,718 IMMR shares. No open-market purchases or sales, and no derivative security activity, were reported. Because an “F” code represents share retention by the issuer for tax purposes rather than discretionary trading, the event is considered routine and carries minimal market impact.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine tax-withholding transaction; CEO still holds ~1.95 M shares—no material signal for investors.
The sole event reported is an F-code share withholding connected to RSU vesting. Such transactions neither reflect the executive’s market sentiment nor alter cash flow. Singer retains a sizeable 9-figure share position (≈5 % of outstanding shares based on last 10-K), maintaining alignment with shareholders. Given the absence of open-market activity or derivative movements, I classify the impact as neutral for valuation or governance considerations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,117 | $8.09 | $106K |
Footnotes (1)
- F1. Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.
FAQ
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What does the "F" transaction code mean in IMMR's Form 4?
Does this Form 4 signal any change in Immersion Corp’s insider sentiment?
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