Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-24

Immersion (IMMR)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$12,293,260
Eric Singer total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
56.62%
Say-on-pay support, latest vote
Companies that benchmark against IMMR
4 companies name IMMR as a compensation peer

Each company listed discloses IMMR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named IMMR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Eric Singer$1,015,285$2,765,000$4,963,000$0$3,126,069$0$423,907$12,293,260
President, Chief Executive Officer and Chairman of the Board
William Martin350,000350,0001,419,00001,050,0000106,0523,275,052
Chief Strategy Officer
J. Michael Dodson356,8540000012,667369,521
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Eric Singer$12,293,260
William Martin3,275,052
J. Michael Dodson369,521

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Eric SingerDirector2026-04-01D14,850$6$82,566CommonForm 4 ↗
Eric SingerDirector2026-04-01D14,757682,049CommonForm 4 ↗
Emily S. HoffmanDirector2026-04-06A21,81500CommonForm 4 ↗
Frederick WaschDirector2026-04-06A21,81500CommonForm 4 ↗
Elias NaderDirector2026-04-06A21,81500CommonForm 4 ↗
William C. MartinDirector2026-04-30A7,42500CommonForm 4 ↗
William C. MartinDirector2026-04-30A17,87200CommonForm 4 ↗
J. Michael DodsonChief Financial Officer2026-06-12D4,899732,039CommonForm 4 ↗
Eric SingerDirector2026-07-01D14,7577102,266CommonForm 4 ↗
Eric SingerDirector2026-07-01D14,7577102,266CommonForm 4 ↗
TORO 18 HOLDINGS LLCDirector2026-07-06D12,000222,600Derivative, Class A CommonForm 4 ↗
TORO 18 HOLDINGS LLCDirector2026-07-06D2,00023,000Derivative, Class A CommonForm 4 ↗
TORO 18 HOLDINGS LLCDirector2026-07-06D5,00027,500Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
William MartinRSU$1,419,000
Eric SingerRSU4,963,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
William Martin$1,419,000$0$00.0%
Eric Singer4,963,000000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
William MartinRSU150,000$1,084,500
Eric SingerRSU262,5001,897,875
Eric SingerRSU300,0002,169,000
Eric SingerRSU250,0001,807,500
Eric SingerRSU100,002723,014
J. Michael DodsonRSU33,333240,998
05

Incentive-plan design — the Compensation Discussion & Analysis

We provide certain named executive officers with perquisites and other personal benefits that the Compensation Committee believes are reasonable and consistent with our overall compensation programs and philosophy and which benefits are generally available to all our employees.

CEO STI target (% of salary)400%
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-068,650,3496,574,09853,85656.62%Passed
20242024-04-2915,105,4082,212,16938,31087.03%Passed
20222022-05-2312,175,1381,494,097108,42189.07%Passed
20202020-06-1213,312,8375,131,66335,17472.04%Passed
20192019-06-1413,249,2705,985,941112,51468.48%Passed
20182018-06-2913,020,7755,518,588435,79370.23%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-0656.62%a
20242024-04-2987.03%b
20222022-05-2389.07%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" on the vote to ratify the independent public accounting firm and the advisory vote to approve the compensation of our named executive officers because an abstention represents a share entitled to vote on such proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" on the vote to ratify the independent public accounting firm, the advisory vote to approve the compensation of our named executive officers, and the Exculpation Amendment because an abstention represents a share entitled to vote on such proposal.”.

c. Approved under the standard stated in the filing — “Accordingly, broker non-votes and abstentions will have no effect on the vote for any matter properly introduced at the Special Meeting.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Frederick WaschIndependent · Audit · Nominating and Corporate Governance (Chair)$75,000$0$0$0$6,552$81,552
Elias NaderIndependent · Lead Independent Director · Audit (Chair) · Compensation (Chair) · Nominating and Corporate Governance75,0000006,55281,552
Emily S. HoffmanIndependent · Audit · Compensation · Nominating and Corporate Governance75,0000001,35476,354
William C. MartinEmployee director00000
Eric SingerEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$125,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline$225,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$225,000
Equity awards (grant-date value)$0
All other compensation$14,458
Total cost of the board$239,458

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Immersion2025Eric Singer$1,015,285$4,963,000$0$3,126,069$12,293,260

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Eric SingerDEF 14A2026-03-120001193125-26-104463Section “Executive Compensation”. As printed: 12,293,260. Filing ↗
2Section 01, William MartinDEF 14A2026-03-120001193125-26-104463Section “2024 Transition Period and FY 2025 Summary Compensation Table” · page 27. As printed: 3,275,052. Filing ↗machine: t16 · r3 · c8 · span 453975–453984
3Section 01, J. Michael DodsonDEF 14A2026-03-120001193125-26-104463Section “2024 Transition Period and FY 2025 Summary Compensation Table” · page 27. As printed: 369,521. Filing ↗machine: t16 · r4 · c8 · span 466475–466482
4Section 03, William Martin RSUDEF 14A2026-03-120001193125-26-104463Section “EXECU TIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t16 · r3 · c4 · span 446919–446928
5Section 03, Eric Singer RSUDEF 14A2026-03-120001193125-26-104463Section “EXECU TIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t16 · r2 · c4 · span 432931–432940
6Section 07, pay ratio10-K2026-07-240001193125-26-316089Section “CEO Pay Ratio”. As printed: —. Filing ↗
7Section 08, Frederick WaschDEF 14A2026-03-120001193125-26-104463Section “Director Compensation”. As printed: 81,552. Filing ↗machine: t7 · r4 · c8 · span 256054–256060
8Section 08, Elias NaderDEF 14A2026-03-120001193125-26-104463Section “Director Compensation”. As printed: 81,552. Filing ↗machine: t7 · r5 · c8 · span 260095–260101
9Section 08, Emily S. HoffmanDEF 14A2026-03-120001193125-26-104463Section “Director Compensation”. As printed: 76,354. Filing ↗machine: t7 · r6 · c8 · span 264166–264172
10Section 08, William C. MartinDEF 14A2026-03-120001193125-26-104463Section “Director Compensation”. As printed: 0. Filing ↗
11Section 08, Eric SingerDEF 14A2026-03-120001193125-26-104463Section “Director Compensation”. As printed: 0. Filing ↗
12Section 02, Eric Singer 2026-04-01Form 42026-04-020001193125-26-139586Insider equity transaction reported since the proxy statement. Filing ↗
13Section 02, Eric Singer 2026-04-01Form 42026-04-020001193125-26-139586Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, Emily S. Hoffman 2026-04-06Form 42026-04-070001193125-26-145914Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Frederick Wasch 2026-04-06Form 42026-04-070001193125-26-145833Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Elias Nader 2026-04-06Form 42026-04-070001193125-26-145846Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, William C. Martin 2026-04-30Form 42026-05-010001193125-26-202056Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, William C. Martin 2026-04-30Form 42026-05-010001193125-26-202056Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, J. Michael Dodson 2026-06-12Form 42026-06-160001193125-26-272509Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Eric Singer 2026-07-01Form 42026-07-020001193125-26-294538Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Eric Singer 2026-07-01Form 42026-07-020001193125-26-294538Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, TORO 18 HOLDINGS LLC 2026-07-06Form 42026-07-080000921895-26-001777Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, TORO 18 HOLDINGS LLC 2026-07-06Form 42026-07-080000921895-26-001777Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, TORO 18 HOLDINGS LLC 2026-07-06Form 42026-07-080000921895-26-001777Insider equity transaction reported since the proxy statement. Filing ↗
25Section 06, 2026 voteForm 8-K2026-04-080001193125-26-147710Item 5.07 · say-on-pay result. As reported: 56.62% (votes for as printed: 8,650,349). Filing ↗
26Section 06, 2024 voteForm 8-K2024-04-290001213900-24-037199Item 5.07 · say-on-pay result. As reported: 87.03% (votes for as printed: 15,105,408). Filing ↗
27Section 06, 2022 voteForm 8-K2022-05-250001628280-22-015305Item 5.07 · say-on-pay result. As reported: 89.07% (votes for as printed: 12,175,138). Filing ↗
28Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
29Section 09b board cost (computed)ComputedcomputedCash 225,000 + equity 0 + all other 14,458 = 239,458, summed across the director compensation table rows.machine: formula: Σ = 239,458
30Immersion (subject), Section 10b CEO totalDEF 14A2026-03-120001193125-26-104463CEO total compensation as printed in Immersion's own proxy. As printed: 12,293,260. Filing ↗