Immersion (NASDAQ: IMMR) CFO share sale covers RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IMMERSION CORP Chief Financial Officer J. Michael Dodson reported an automatic sale related to equity compensation. On this Form 4, he disposed of 4,899 shares of common stock at $6.54 per share.
According to the footnote, these shares were automatically sold on a non-discretionary basis to cover the tax withholding obligation triggered by the vesting of RSUs, meaning this was a tax-related transaction rather than an elective open-market sale. After this event, Dodson directly holds 34,233 shares of Immersion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,899 shares ($32,039)
Net Sell
1 txn
Insider
DODSON J MICHAEL
Role
Chief Financial Officer
Sold
4,899 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,899 | $6.54 | $32K |
Holdings After Transaction:
Common Stock — 34,233 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares disposed: 4,899 shares
Sale price: $6.54 per share
Shares held after transaction: 34,233 shares
3 metrics
Shares disposed
4,899 shares
Automatic sale on June 12, 2026
Sale price
$6.54 per share
Price for 4,899 shares sold
Shares held after transaction
34,233 shares
Direct ownership after sale
Key Terms
RSUs, tax withholding obligation, Common Stock, Form 4
4 terms
RSUs financial
"in connection with the vesting of the RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligation financial
"sold ... to cover the tax withholding obligation"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"On this Form 4, he disposed of 4,899 shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Immersion (IMMR) CFO J. Michael Dodson report on this Form 4?
He reported the disposition of 4,899 shares of Immersion common stock at $6.54 per share. The filing shows this was tied to RSU vesting and related tax withholding, not a discretionary investment trade.
Does this Immersion (IMMR) Form 4 indicate RSU vesting for the CFO?
Yes. The footnote states the shares were automatically sold to cover the tax withholding obligation in connection with the vesting of RSUs. That implies restricted stock units held by the CFO vested at the time of this transaction.