STOCK TITAN

Immersion (NASDAQ: IMMR) CFO share sale covers RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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

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Negative

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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)
  1. [object Object]
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
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.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DODSON J MICHAEL

(Last)(First)(Middle)
C/O IMMERSION CORPORATION
2999 N. E. 191ST STREET, SUITE 610

(Street)
AVENTURA FLORIDA 33180

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
IMMERSION CORP [ IMMR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026S4,899(1)D$6.5434,233D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
J. Michael Dodson06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

Was the Immersion (IMMR) CFO’s 4,899-share transaction an open-market sale?

The transaction is coded as a sale, but the footnote explains the shares were automatically sold on a non-discretionary basis to cover tax withholding from RSU vesting, rather than a voluntary open-market decision.

How many Immersion (IMMR) shares does the CFO hold after this Form 4 transaction?

After the tax-related share disposition, CFO J. Michael Dodson directly holds 34,233 shares of Immersion common stock. This figure reflects his reported direct ownership immediately following the 4,899-share sale to fund RSU tax obligations.

What price is reported for the Immersion (IMMR) CFO’s 4,899-share sale?

The reported transaction price is $6.54 per share for the 4,899 shares of common stock. This price reflects the sale used to satisfy tax withholding owed when Dodson’s restricted stock units vested.

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.