Nader Elias 4

What Happened

• Nader Elias, a director of Immersion Corporation (IMMR), was granted 21,815 restricted shares on April 6, 2026. The award was reported at $0.00 per share (no cash paid). This is a compensation grant (award), not a market purchase or sale.

Key Details

• Transaction date: 2026-04-06; Filing date: 2026-04-07 (timely filing).
• Transaction type: Award/Grant (Form 4 code A); price reported $0.00 per share.
• Shares granted: 21,815 restricted shares.
• Shares owned after transaction: not specified in the filing.
• Footnote: The grant vests 100% on the earlier of (i) one-year anniversary of April 6, 2026 or (ii) the issuer’s annual meeting for the fiscal year ending April 30, 2026, subject to continued service and potential full acceleration upon certain events.

Context

• Restricted stock awards are compensation and typically vest over time; they do not represent an immediate market purchase or sale. Such grants are common for non-employee directors and do not necessarily indicate a buy/sell signal about the company’s stock.