Irrevocable Larson Trust Reports 1.78M Shares (~5.5%) in IMMR

Rhea-AI Filing Summary

Irrevocable Larson Family Investment Trust reports a significant passive stake in Immersion Corp. The filing shows an aggregate beneficial ownership of 1,778,000 shares, reported as approximately 5.49%–5.5% of the outstanding class. The position is made up in the filing of 1,670,000 common shares plus 1,080 call option contracts, and the trust discloses sole voting and dispositive power over 1,776,000 shares with 2,000 shares reported as shared power.

The trust certifies the holdings are not intended to change or influence control of the issuer. This filing is a standard Schedule 13G amendment that discloses a material passive ownership level above the 5% reporting threshold and specifies the voting and dispositive breakdown of the position.

Positive

• Aggregate beneficial ownership of 1,778,000 shares disclosed, meeting materiality and transparency standards
• Position equals ~5.49%–5.5% of the class, signaling meaningful investor interest above the 5% reporting threshold
• Clear voting/dispositive breakdown: sole power over 1,776,000 shares and shared power over 2,000, aiding investor assessment

Negative

• None.

Insights

Financial Analyst

TL;DR: A meaningful passive stake above 5%: 1,778,000 shares (~5.5%), split between shares and call options, with near-full sole voting power.

The filing reports an aggregate beneficial position of 1,778,000 shares representing roughly 5.49%–5.5% of the class, composed of 1,670,000 shares and 1,080 call option contracts. It discloses sole voting/dispositive power over 1,776,000 shares and 2,000 shared. For investors, a >5% passive stake signals notable investor interest without an announced intent to pursue control, per the signer’s certification. The split between physical shares and options is important for assessing economic exposure versus direct ownership.

Corporate Governance Expert

TL;DR: Governance implications are limited: the trustee reports material ownership but certifies no intent to influence control.

The trust’s disclosure of voting power (1,776,000 sole; 2,000 shared) indicates it can influence close votes if aligned with other holders, though the filing explicitly asserts no control intent. This Schedule 13G amendment is consistent with passive investor reporting requirements after crossing the 5% threshold. The filing names an attorney-in-fact signing on behalf of the trust, confirming delegated authority for the disclosure.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

IMMERSION CORP

(Name of Issuer)

Common Stock

(Title of Class of Securities)

452521107

(CUSIP Number)

08/05/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 452521107

1

Names of Reporting Persons

Irrevocable Larson Family Investment Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

TEXAS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,776,000.00
6	Shared Voting Power 2,000.00
7	Sole Dispositive Power 1,776,000.00
8	Shared Dispositive Power 2,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,778,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: IMMERSION CORP
(b)	Address of issuer's principal executive offices: 2999 N. E. 191ST STREET, 2999 N. E. 191ST STREET, AVENTURA, FLORIDA, 33180.
Item 2.
(a)	Name of person filing: The Irrevocable Larson Family Investment Trust
(b)	Address or principal business office or, if none, residence: 3608 Lexington Ave. Dallas, Texas 75205
(c)	Citizenship: Texas
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 452521107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The Irrevocable Larson Family Investment Trust - 1,670,000 shares The Irrevocable Larson Family Investment Trust - 1080 call option contracts
(b)	Percent of class: 5.49 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,776,000
	(ii) Shared power to vote or to direct the vote: 2,000
	(iii) Sole power to dispose or to direct the disposition of: 1,776,000
	(iv) Shared power to dispose or to direct the disposition of: 2,000
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Irrevocable Larson Family Investment Trust

Signature:	Grayson Linyard
Name/Title:	Attorney In Fact
Date:	08/05/2025

Comments accompanying signature: Incorporating by reference the Power of Attorney attached to SEC Accession No. 0002021477-24-000005

FAQ

What stake does the Irrevocable Larson Family Investment Trust report in Immersion Corp (IMMR)?

The filing reports an aggregate beneficial ownership of 1,778,000 shares, reported as approximately 5.49%–5.5% of the class.

How is the reported IMMR position composed?

The filing lists 1,670,000 common shares plus 1,080 call option contracts, aggregating to the reported position.

What voting and dispositive powers are disclosed for this IMMR holding?

The trust reports sole voting and dispositive power over 1,776,000 shares and shared voting/dispositive power over 2,000 shares.

Does the filing indicate the stake was acquired to influence control of IMMR?

No. The signer certifies the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

Who signed the Schedule 13G/A on behalf of the trust?

The statement is signed by Grayson Linyard acting as Attorney In Fact for the Irrevocable Larson Family Investment Trust.