William C. Martin, Director and Chief Strategy Officer of Immersion Corporation, filed a Form 4 on November 2, 2026, disclosing the acquisition of 7,308 shares of common stock on October 30, 2026, issued in lieu of salary.

Key Highlights

  • Reporting person: William C. Martin, Director and Chief Strategy Officer of Immersion Corporation (NASDAQ:IMMR)
  • Transaction date: October 30, 2026
  • Shares acquired: 7,308 shares of common stock, acquired (transaction code A) at a price of $0
  • Nature of acquisition: Shares issued in lieu of salary earned during the three months ended October 31, 2026, less applicable withholding taxes and amounts required to be paid in cash pursuant to applicable law
  • Beneficial ownership following transaction: 1,447,689 shares held directly
  • Share calculation method: Salary earned for the period, less withholding taxes and cash-required amounts, divided by the closing price on October 30, 2026

Immersion Corp Chief Strategy Officer Receives Quarterly Salary Shares

According to the filing, William C. Martin, who serves as both a Director and Chief Strategy Officer of Immersion Corporation, acquired 7,308 shares of the company's common stock on October 30, 2026. The transaction was coded "A" (acquired) and the price per share was reported as $0, consistent with the shares being issued as compensation rather than purchased on the open market.

The filing's footnote explains that the shares were issued to Martin in lieu of salary earned during the three months ended October 31, 2026. The share count was determined by taking the salary earned over that quarterly period, subtracting applicable withholding taxes and any amounts required to be paid to Martin in cash under applicable law, and dividing the remainder by the closing price of Immersion Corporation's common stock on October 30, 2026. The filing does not state the specific closing price used in that calculation.

Following the reported transaction, Martin's direct beneficial ownership of Immersion Corporation common stock stands at 1,447,689 shares, as reported in the filing. No derivative securities transactions were reported in Table II of the form. The filing was signed by William C. Martin and dated November 2, 2026.

What Was Disclosed

William C. Martin, Director and Chief Strategy Officer of Immersion Corporation (NASDAQ:IMMR), disclosed the acquisition of 7,308 shares of common stock on October 30, 2026, issued in lieu of quarterly salary, bringing his direct beneficial ownership to 1,447,689 shares.