Immersion (IMMR) CSO William Martin receives 6,588 shares as stock salary
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
Net Buyer: 6,588 shares
Net Buy
1 txn
Insider
MARTIN WILLIAM C
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,588 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,392,227 shares (Direct)
Footnotes (1)
- F1. Common stock issued to the Reporting Person in lieu of salary earned, during the three months ended January 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 January 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 January 30, 2026.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.