IMMR Form 4: Eric Singer Withholds 13,117 Shares for Taxes
Rhea-AI Filing Summary
Eric Singer, who serves as President and CEO and a director of Immersion Corporation (IMMR), reported a transaction dated 10/03/2025 on a Form 4. The filing shows 13,117 shares of common stock were disposed of via withholding to satisfy tax obligations at a price of $7.04 per share. After the withholding transaction, Mr. Singer beneficially owned 1,925,844 shares. The form clarifies the disposition was the result of restricted stock units vesting and the shares were withheld for taxes.
Positive
- Continued significant ownership: beneficial ownership remains 1,925,844 shares after withholding
- Transaction is routine: shares withheld were explicitly used to satisfy tax obligations from vested restricted stock units
Negative
- Shares reduced by withholding: 13,117 shares were disposed of at $7.04, reducing the CEO's share count
Insights
CEO share withholding reflects routine RSU tax settlement; ownership remains substantial.
The reported 13,117 shares withheld were used to satisfy tax withholding on vested restricted stock units, a common compensation tax procedure. The transaction code and the explanation explicitly state the withholding purpose, not an open-market sale.
Post-transaction beneficial ownership of 1,925,844 shares indicates continued significant insider stake. Monitor future filings for additional grants or open-market sales that would change ownership concentration within the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,117 | $7.04 | $92K |
Footnotes (1)
- F1. Represents shares withheld to satisfy the tax withholding obligations upon restricted stock units vesting.
FAQ
What did Eric Singer report on Form 4 for IMMR?
When was the transaction dated in the IMMR Form 4 filing?
Does the Form 4 indicate an open-market sale by the CEO?
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