DODSON J MICHAEL 4
4 · IMMERSION CORP · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Immersion (IMMR) CFO J. Michael Dodson Sells 4,899 Shares
What Happened
DODSON J MICHAEL, Chief Financial Officer of Immersion Corp (IMMR), disposed of 4,899 shares on June 12, 2026 at $6.54 per share for total proceeds of $32,039. The transaction is reported as a sale (code S), but the filing footnote indicates the shares were automatically sold, on a non‑discretionary basis, to cover the tax withholding obligation tied to RSU vesting.
Key Details
- Transaction date and price: 2026-06-12, 4,899 shares at $6.54 each. Total proceeds: $32,039.
- Filing date: Form 4 filed 2026-06-16 (filed within two business days of the transaction).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 — automatic sale to cover tax withholding in connection with RSU vesting (non-discretionary).
- Transaction type: Sale (withholding/cashless-type sale rather than a discretionary open-market sell).
Context
This appears to be a routine withholding sale to satisfy tax obligations from vested restricted stock units, not a discretionary sell that would necessarily signal a change in insider sentiment. The amount is modest ($32k), so it is unlikely to be a material indicator of the CFO’s view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-12$6.54/sh−4,899$32,039→ 34,233 total
Footnotes (1)
- [F1]Represents the number of shares automatically sold, on a non-discretionary basis, to cover the tax withholding obligation in connection with the vesting of the RSUs.