Immersion CFO sells 4,899 shares for taxes
IMMERSION CORP Chief Financial Officer J. Michael Dodson reported an automatic sale related to equity compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,899 | $6.54 | $32K |
Footnotes (1)
- F1. Represents the number of shares automatically sold, on a non-discretionary basis, to cover the tax withholding obligation in connection with the vesting of the RSUs.
Key Figures
Key Terms
RSUs financial
tax withholding obligation financial
Common Stock financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Immersion (IMMR) CFO J. Michael Dodson report on this Form 4?
Does this Immersion (IMMR) Form 4 indicate RSU vesting for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.