Immersion director receives 17,217-share stock grant
The award vests 100% with continued service on the earlier of October 7, 2027, or the issuer’s next annual meeting, subject to certain-event acceleration.
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Rhea-AI Filing Summary
Immersion Corp (IMMR) director Childress Frederick Wasch received a grant of 17,217 restricted shares on October 7, 2026, under the director compensation policy. The grant is subject to continued service through the vesting date; 100% will vest on the earlier of October 7, 2027, or the date of the issuer’s next annual meeting of stockholders, with full acceleration upon certain events. Direct common-stock holdings following the grant were 105,130 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 17,217 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of restricted stock pursuant to and in accordance with the Issuer's director compensation policy, 100% of which will vest, subject to continued service through the vesting date, on the earlier of (i) October 7, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders, subject to acceleration in full upon the occurrence of certain events.
Key Figures
Key Terms
restricted stock financial
director compensation policy financial
vesting date financial
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