Immersion Corporation SEC filings document its haptics licensing business, consolidated reporting for Barnes & Noble Education, and Nasdaq compliance disclosures. Recent Form 8-K reports and Form 12b-25 notices record delayed Form 10-K and Form 10-Q filings, restatement-related financial reporting work, audit committee investigation effects, and Nasdaq Listing Rule 5250(c)(1) matters.
Proxy and annual meeting filings cover director elections, auditor ratification, executive compensation advisory votes, board governance, and stockholder voting results. The company's regulatory record also addresses revenue sources from royalties, license fees, and development services, along with capital-return actions, equity structure, and material governance events.
Immersion Corporation (IMMR) insider compensation reported in stock, not cash. A director and Chief Strategy Officer reported acquiring 17,647 shares of Immersion common stock on November 14, 2025 at a stated price of $0 per share. After this transaction, the insider beneficially owns 1,385,639 shares directly.
The shares were issued in lieu of a cash bonus earned during the first half of Immersion’s fiscal year ending April 30, 2026. The company calculated the share amount by taking the earned cash bonus, subtracting applicable withholding taxes and required cash payments, then dividing the remainder by the closing stock price on November 14, 2025. No derivative securities were reported in this filing.
Immersion Corp Form 13F holdings report filed by an institutional manager. The report lists 7 holdings with a combined reported market value of $161,967,093. It names two other included managers and is signed by Eric Singer, President, CEO and Chairman, on 11-14-2025.
Immersion Corporation adopted a stockholder rights plan on November 7, 2025 and declared a dividend of one preferred share purchase right for each common share to holders of record on November 17, 2025. Each right initially permits the purchase of one one-thousandth of a share of Series C Junior Participating Preferred Stock at $20.58, subject to adjustment.
The plan is designed to deter coercive takeover tactics by triggering if any person or group acquires 9.99% or more of common stock without Board approval, at which point holders gain dilution-protective rights through a flip‑in/flip‑over mechanism. The Board may redeem the rights for $0.001 per right before the distribution date or exchange them at one common share per right after a trigger, subject to terms. The rights expire on October 31, 2026 unless extended and ratified at the next annual meeting. Shares outstanding were 50,029,484 as of November 7, 2025.
Immersion Corp (IMMR) Form 4: A director and Chief Strategy Officer acquired 7,952 shares of common stock on 10/31/2025 at a transaction price of $0. Following this issuance, the reporting person beneficially owns 1,367,992 shares, held directly. The shares were issued in lieu of salary earned for the three months ended October 31, 2025, with the net share count determined using the closing price on 10/31/2025 after applicable withholdings and required cash payments.
Immersion Corporation reported that its Board of Directors has declared a quarterly cash dividend of $0.045 per share on its outstanding common stock. The dividend is scheduled to be paid on October 31, 2025 to stockholders who are on record as of October 20, 2025. The company notes that future dividends will be subject to further review and approval by the Board and may be declared, adjusted, or withdrawn as the Board evaluates Immersion’s capital allocation strategy over time.
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.
Eric Singer, President and CEO and Director of Immersion Corporation (IMMR), reported a transaction dated 10/01/2025 in which 14,757 shares of the company's common stock were disposed of at a price of $7.28 per share. The filing lists the disposition as a Code F transaction and explains the shares were withheld to satisfy tax withholding obligations upon restricted stock units vesting. After the reported transaction, Mr. Singer beneficially owned 1,938,961 shares on a direct basis. The form is signed by the reporting person on 10/03/2025.
Immersion Corporation has notified investors that it will not file its Quarterly Report for the fiscal quarter ended July 31, 2025 within the allowed extension period. The delay stems from an ongoing internal investigation at its consolidated subsidiary Barnes & Noble Education into how cost of digital sales was recorded, which has prompted parallel reviews by both companies’ audit committees and involvement of the independent auditor.
The Board previously concluded that several past quarterly financial statements and related disclosures should no longer be relied upon, and the company expects to restate those periods in its delayed annual report. For the July 31, 2025 quarter, Immersion preliminarily estimates total revenues of about $292.5 million, compared with $99.4 million for the quarter ended June 30, 2024, mainly due to including Barnes & Noble Education’s results for a full quarter. The company indicates these figures are unaudited, subject to change, and that it cannot yet determine how its results of operations will ultimately compare with the prior period.
Immersion Corp (IMMR) received an amended Schedule 13G filing showing that the Irrevocable Larson Family Investment Trust beneficially owns 2,028,000 shares of Immersion common stock, reported as approximately 6.3% of the class on the cover and 6.26% in Item 4 of the filing. The filing breaks ownership down into 2,026,000 shares with sole voting and dispositive power and 2,000 shares with shared voting and dispositive power, and also discloses 3,580 call option contracts alongside 1,670,000 directly held shares.
The trust certifies that these securities were not acquired for the purpose of changing or influencing control of the issuer and are not part of a group. The filing includes issuer address details and is signed by Grayson Linyard as Attorney in Fact for the trust on 09/15/2025, incorporating a referenced Power of Attorney.
Immersion Corporation disclosed that its Board has determined investors should no longer rely on certain previously issued unaudited interim financial statements tied to its consolidated subsidiary Barnes & Noble Education (BNED) for multiple 2024–2025 periods. The company expects to restate those quarters in its Form 10‑K for the year ended April 30, 2025.
The review centers on how BNED recorded cost of digital sales and identified sales that did not qualify for revenue recognition. Immersion currently expects corrections to increase cost of sales by $13.1 million for the fiscal second quarter and six months ended October 31, 2024, and to change cost of sales by $(1.9) million and $11.2 million for the fiscal third quarter and nine months ended January 31, 2025. It also expects balance sheet adjustments, including higher accrued liabilities and lower accounts receivable and goodwill at June 30, 2024, plus a reduction of $3.5 million in sales and accounts receivable in the fiscal third quarter and nine months ended January 31, 2025.
Immersion expects to report material weaknesses in internal control over financial reporting and in disclosure controls and procedures as of April 30, 2025 and the affected interim periods. BNED has voluntarily notified SEC staff about the ongoing internal investigation, and Immersion’s Audit Committee has discussed these matters with its independent auditor, BDO USA, P.C.