Director at Immersion (NASDAQ: IMMR) gets 21,815-share stock grant

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wasch Childress Frederick

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	21,815	$0.00	--

Holdings After Transaction: Common Stock — 87,913 shares (Direct)

Footnotes (1)

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Key Figures

Restricted stock grant: 21,815 shares Post-grant holdings: 87,913 shares Grant price per share: $0.0000 per share

3 metrics

Restricted stock grant 21,815 shares Common stock awarded to director on April 6, 2026 grant date reference

Post-grant holdings 87,913 shares Director’s direct common stock holdings following the restricted stock grant

Grant price per share $0.0000 per share Equity compensation grant with no cash paid by the director

Key Terms

restricted stock, director compensation policy, vesting date, annual meeting of stockholders, +1 more

5 terms

restricted stock financial

"Represents a grant of restricted stock pursuant to and in accordance with the Issuer's director compensation policy"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

director compensation policy financial

"grant of restricted stock pursuant to and in accordance with the Issuer's director compensation policy"

vesting date financial

"100% of which will vest, subject to continued service through the vesting date, on the earlier of"

annual meeting of stockholders financial

"the date of the Issuer's annual meeting of stockholders for the fiscal year ending April 30, 2026"

continued service financial

"100% of which will vest, subject to continued service through the vesting date"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Wasch Childress Frederick

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/06/2026		A		21,815(1)	A	$0	87,913	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Frederick C. Wasch	04/07/2026
	** Signature of Reporting Person	Date
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 insider transaction did Immersion (IMMR) report for Wasch Childress Frederick?

Immersion (IMMR) reported that director Wasch Childress Frederick received a grant of 21,815 shares of restricted common stock. This equity award is part of the company’s director compensation policy and increases the director’s direct holdings to 87,913 Immersion common shares.

Was the Immersion (IMMR) Form 4 transaction a stock purchase or a grant?

The Form 4 transaction for Immersion (IMMR) was a grant of restricted stock, not an open-market purchase. The director received 21,815 restricted shares at no cash price under the director compensation policy, reflecting equity-based compensation rather than a market trade.

What are the vesting terms of the 21,815 restricted shares at Immersion (IMMR)?

The 21,815 restricted shares granted to the Immersion (IMMR) director vest 100% on the earlier of the one-year anniversary of April 6, 2026 or the date of the annual stockholder meeting for the fiscal year ending April 30, 2026, subject to continued service requirements.

How many Immersion (IMMR) shares does the director hold after this Form 4 grant?

After receiving the 21,815-share restricted stock grant, the Immersion (IMMR) director directly holds 87,913 shares of common stock. This figure includes the newly awarded restricted shares, which are subject to vesting based on continued board service and the specified vesting schedule.

Why did Immersion (IMMR) grant restricted stock to director Wasch Childress Frederick?

Immersion (IMMR) granted restricted stock to director Wasch Childress Frederick under its director compensation policy. Such equity awards align director interests with shareholders by tying compensation to company stock performance, with vesting contingent on continued service and the timing of the company’s future annual meeting.