final
means that you can’t change the object’s reference to point to another reference or another object, but you can still mutate its state (using setter methods e.g). Where immutable means that the object’s actual value can’t be changed, but you can change its reference to another one.
Concerning the second part of your question (immutability part), the compiler creates a new String
object with the value of “Sam”, and points the name
reference to it.