Skip to main content

IMMERSION CORP

For the period ended Mar 12, 2026. Filed Mar 12, 2026.

View on SEC.gov

About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Mar 12, 2026 · Filed Mar 12, 2026

IMMR$6.79+1.8%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits

Cover page

Show cover page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Schedule 14A Information (Rule 14a-101)

Proxy Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934 (Amendment No.)

Filed by the Registrant☒

Filed by a party other than the Registrant☐

Check the appropriate box:

☐Preliminary Proxy Statement
☐Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☒Definitive Proxy Statement
☐Definitive Additional Materials
☐Soliciting Material Pursuant to Rule § 240.14a-12

Immersion Corporation

(Name of Registrant as Specified In Its Charter)

n/a

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all boxes that apply):

☒No fee required.
☐Fee paid previously with preliminary materials:
☐Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-16(i)(1) and 0-11.

March 12, 2026

TO THE STOCKHOLDERS OF IMMERSION CORPORATION

Dear Stockholder:

You are cordially invited to attend the Annual Meeting of Stockholders for the fiscal year ended April 30, 2025 (the “FY 2025 Annual Meeting”) of Immersion Corporation, on April 6, 2026, at 10:00 a.m. Eastern Time at meetnow.global/MQPQGUK, which will be held in virtual only format. You will not be able to attend the FY 2025 Annual Meeting in person.

At the FY 2025 Annual Meeting, stockholders will be asked to vote on each of the three (3) proposals set forth in the Notice of FY 2025 Annual Meeting of Stockholders and the Proxy Statement, which describe the formal business to be conducted at the FY 2025 Annual Meeting and follow this letter.

It is important that your shares be represented and voted at the FY 2025 Annual Meeting regardless of the size of your holdings. PLEASE COMPLETE, SIGN, DATE AND RETURN THE ACCOMPANYING PROXY CARD IN THE ENCLOSED POSTAGE-PAID ENVELOPE. Voting electronically, by telephone, or by returning your proxy card in advance of the FY 2025 Annual Meeting does not deprive you of your right to virtually attend the FY 2025 Annual Meeting.

On behalf of the Board of Directors, I would like to express our appreciation for your continued support for and interest in the affairs of our company. We look forward to seeing you at the FY 2025 Annual Meeting.

Sincerely,

President, Chief Executive Officer and Chairman of the Board

NOTICE OF FY 2025 ANNUAL MEETING OF STOCKHOLDERS

To Be Held April 6, 2026

The FY 2025 Annual Meeting will be held on April 6, 2026, at 10:00 a.m. Eastern Time at meetnow.global/MQPQGUK, which will be held in virtual only format. You will not be able to attend the FY 2025 Annual Meeting in person. The FY 2025 Annual Meeting will be held for the following purposes:

To elect five (5) directors to hold office for the applicable term and until their successor is elected and qualified;

To ratify the appointment of BDO USA, P.C. as our independent registered public accounting firm for the fiscal year ending April 30, 2026;

To hold an advisory vote to approve the compensation of our named executive officers; and

To transact such other business as may properly come before the FY 2025 Annual Meeting or any adjournments or postponements thereof.

Only stockholders of record at the close of business on February 6, 2026 are entitled to notice of, and to vote at, the FY 2025 Annual Meeting and at any adjournments or postponements thereof. The vote of each eligible stockholder is important. Please vote as soon as possible to ensure that your vote is recorded promptly even if you plan to attend the FY 2025 Annual Meeting.

BY ORDER OF THE BOARD OF DIRECTORS,

President, Chief Executive Officer and Chairman of the Board

Aventura, Florida, March 12, 2026

We will hold our FY 2025 Annual Meeting in virtual only format. We have designed the format of the FY 2025 Annual Meeting to ensure that stockholders are afforded the same rights and opportunities to participate as they would at an in-person meeting, using online tools to ensure stockholder access and participation.

IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE STOCKHOLDER MEETING TO BE HELD ON APRIL 6, 2026: THIS PROXY STATEMENT AND THE ANNUAL REPORT ARE AVAILABLE AT WWW.ENVISIONREPORTS.COM/IMMR.

IMMERSION CORPORATION

FY 2025 ANNUAL MEETING OF STOCKHOLDERS

NOTICE OF ANNUAL MEETING AND PROXY STATEMENT

TABLE OF CONTENTS

PROXY STATEMENT1
QUESTIONS AND ANSWERS2
ELECTION OF DIRECTORS (PROPOSAL 1)8
DIRECTOR COMPENSATION14
CORPORATE GOVERNANCE16
RELATED PERSON TRANSACTIONS24
Ownership of Our Equity Securities25
Directors and Executive Officers25
Principal Stockholders26
Delinquent Section 16(a) Reports26
EXECUTIVE COMPENSATION26
2024 Transition Period and FY 2025 Summary Compensation Table27
Outstanding Equity Awards at Fiscal Year-End April 30, 202529
Potential Payments upon Termination or Change in Control30
Pay Versus Performance32
Equity Compensation Plan Information34
AUDIT COMMITTEE REPORT34
RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PROPOSAL 2)36
Audit Fees and All Other Fees37
ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS (PROPOSAL 3)39

i

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.