Immersion (IMMR) CSO William Martin receives 6,588 shares as stock salary
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Immersion Corporation director and Chief Strategy Officer William C. Martin received 6,588 shares of common stock on January 30, 2026, as compensation in lieu of cash salary. The shares were issued at a stated price of $0 per share under a stock-for-salary arrangement covering the three months ended January 31, 2026.
After this grant, Martin directly beneficially owns 1,392,227 shares of Immersion common stock. The number of shares issued was based on his net salary for the period, after required tax withholdings and cash payments, divided by the closing stock price on January 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARTIN WILLIAM C
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,588 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,392,227 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IMMR report for William C. Martin?
Immersion Corporation reported that William C. Martin received 6,588 shares of common stock on January 30, 2026. These shares were issued as stock compensation in lieu of cash salary for the three months ended January 31, 2026, under a defined calculation method.
Why did Immersion issue stock to William C. Martin instead of paying full cash salary?
Immersion issued common stock to William C. Martin in lieu of part of his cash salary for the three months ended January 31, 2026. The filing states the grant reflects salary earned, reduced for taxes and required cash payments under applicable law.
Is William C. Martin an officer or director of Immersion Corporation (IMMR)?
Yes. The Form 4 identifies William C. Martin as both a director and an officer of Immersion Corporation, serving as Chief Strategy Officer. The reported stock grant therefore reflects compensation to a senior executive and board member of the company.