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Immersion Corp CFO sells shares worth $44,585

Published 16/06/2025, 19:10
Immersion Corp CFO sells shares worth $44,585
IMMR
-1.47%

In a recent transaction, J. Michael Dodson, the Chief Financial Officer of Immersion Corp (NASDAQ:IMMR), sold 5,921 shares of the company’s common stock. The shares were sold at a price of $7.53 each, amounting to a total transaction value of $44,585. Following the transaction, Dodson retains ownership of 39,132 shares in the company.

The sale was conducted to cover tax withholding obligations related to the vesting of restricted stock units (RSUs), as noted in the filing. This transaction is part of routine financial management by executives to handle tax responsibilities associated with equity compensation. InvestingPro subscribers can access comprehensive insider trading patterns and additional financial metrics to make more informed investment decisions.

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