MARTIN WILLIAM C 4
Research Summary
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Immersion (IMMR) Chief Strategy Officer William C. Martin Receives Award
What Happened William C. Martin, Chief Strategy Officer and a director of Immersion Corporation (IMMR), was issued 6,588 shares of common stock on January 30, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per share (total $0) — the shares were issued in lieu of cash salary for the three-month period ended January 31, 2026.
Key Details
- Transaction date: January 30, 2026; Price per share reported: $0.00; Shares issued: 6,588.
- Consideration/value: $0 reported (shares issued in lieu of salary; net amount based on salary minus withholding).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Shares were issued in lieu of salary earned during the three months ended Jan 31, 2026, after applicable tax withholding and required cash payments; the share count was calculated by dividing the net cash equivalent by Immersion's closing price on Jan 30, 2026.
- Filing timeliness: Report filed Feb 2, 2026 for a Jan 30, 2026 transaction — appears to be filed within the required two business days (not indicated as late).
Context This was an equity compensation issuance (shares issued instead of cash salary), a routine corporate compensation action rather than an open-market purchase or sale. Such issuances are common and reflect payroll/compensation mechanics rather than a direct buy/sell signal about the insider's view of the stock.