Wasch Childress Frederick 4

What Happened

• Wasch Childress Frederick, a director of Immersion Corporation (IMMR), was granted 21,815 shares of restricted common stock on April 6, 2026. The transaction is reported as an award/acquisition (code A) at an acquisition price of $0.00, so no cash was paid for the grant.

Key Details

• Transaction date and price: 2026-04-06, 21,815 shares @ $0.00 (grant).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting and conditions: Footnote states 100% of the award vests on the earlier of (i) the one‑year anniversary of April 6, 2026 (i.e., ~Apr 6, 2027) or (ii) the issuer’s annual meeting for the fiscal year ending April 30, 2026; vesting may accelerate in full upon certain events.
• Filing timeliness: Form 4 filed 2026-04-07 for a 2026-04-06 grant — appears timely (next-business-day filing).

Context

• This was a restricted stock grant (not a market purchase or sale). Such awards are typically compensation for board service and vest over time; they do not indicate an immediate buy or sell by the insider. The $0 acquisition price reflects that shares were granted rather than purchased.