Immersion director granted 21,815 restricted shares
Wasch Childress Frederick reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Wasch Childress Frederick reported acquisition or exercise transactions in this Form 4 filing.
IMMERSION CORP director Wasch Childress Frederick received a grant of 21,815 shares of restricted common stock. The award was made at no cash cost as part of the company’s director compensation policy and is structured as equity-based compensation rather than an open-market purchase.
The restricted stock will vest 100% on the earlier of the one-year anniversary of April 6, 2026 or the date of Immersion’s annual meeting of stockholders for the fiscal year ending April 30, 2026, provided the director continues in service. Following this grant, the director directly holds 87,913 shares of Immersion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,815 | $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) the one-year anniversary of April 6, 2026 or (ii) the date of the Issuer's annual meeting of stockholders for the fiscal year ending April 30, 2026, 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
annual meeting of stockholders financial
continued service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Immersion (IMMR) report for Wasch Childress Frederick?
Was the Immersion (IMMR) Form 4 transaction a stock purchase or a grant?
Why did Immersion (IMMR) grant restricted stock to director Wasch Childress Frederick?
AI-generated analysis. How Rhea-AI works. Not financial advice.