ImmunityBio (IBRX) director awarded 65,600 stock options at $7.25 strike

Rhea-AI Filing Summary

ImmunityBio director Linda Maxwell received a grant of stock options covering 65,600 shares of Common Stock. The options have an exercise price of $7.25 per share and expire on June 9, 2036.

All 65,600 shares subject to the award will vest in a single tranche, provided she continues as a “Service Provider” under the company’s 2025 Equity Incentive Plan, on the earlier of June 9, 2027 or the date immediately preceding the next annual meeting of stockholders. Following this award, she holds 65,600 options directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MAXWELL LINDA

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	65,600	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 65,600 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Option grant size: 65,600 options Exercise price: $7.25 per share Underlying shares: 65,600 shares +3 more

6 metrics

Option grant size 65,600 options Stock Option (right to buy) granted to director Linda Maxwell

Exercise price $7.25 per share Conversion/exercise price of the stock options

Underlying shares 65,600 shares Common Stock underlying the stock options

Options after grant 65,600 options Total derivative securities owned following the transaction

Expiration date June 9, 2036 Option term end for the stock option award

Vesting date trigger June 9, 2027 Latest date when options vest, subject to continued service

Key Terms

Stock Option (right to buy), 2025 Equity Incentive Plan, Service Provider, vesting, +1 more

5 terms

Stock Option (right to buy) financial

"security_title: Stock Option (right to buy)"

2025 Equity Incentive Plan financial

"defined in the Issuer's 2025 Equity Incentive Plan"

Service Provider financial

"Subject to the reporting person's continuing to be a Service Provider"

vesting financial

"one hundred percent (100%) of the shares subject to the award will vest"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

annual meeting of stockholders financial

"the date immediately preceding the next annual meeting of stockholders"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MAXWELL LINDA

(Last) (First) (Middle)

C/O IMMUNITYBIO, INC.

3530 JOHN HOPKINS COURT

(Street)

SAN DIEGO CALIFORNIA 92121

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ImmunityBio, Inc. [ IBRX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$7.25	06/09/2026		A		65,600		(1)	06/09/2036	Common Stock	65,600	$0	65,600	D

Explanation of Responses:

1. Subject to the reporting person's continuing to be a Service Provider (as defined in the Issuer's 2025 Equity Incentive Plan) through such applicable vesting date, one hundred percent (100%) of the shares subject to the award will vest on the earlier to occur of June 9, 2027 or the date immediately preceding the next annual meeting of stockholders.

Remarks:

Exhibit 24 - Power of Attorney

	/a/ David C. Sachs, as Attorney-in-Fact	06/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did ImmunityBio (IBRX) director Linda Maxwell report in this Form 4?

Linda Maxwell reported receiving a stock option grant for 65,600 shares of ImmunityBio common stock. The options are compensation, giving her the right to buy shares at a fixed price if vesting and other conditions are met.

How many ImmunityBio (IBRX) options were granted to Linda Maxwell and at what price?

She was granted stock options for 65,600 shares with an exercise price of $7.25 per share. This price is what she would pay to buy the shares if she exercises the options after they vest.

When do Linda Maxwell’s ImmunityBio (IBRX) stock options vest?

All 65,600 options vest 100% on the earlier of June 9, 2027, or the date immediately before ImmunityBio’s next annual stockholder meeting. Vesting requires that she continues to serve as a “Service Provider” under the 2025 Equity Incentive Plan.

What is the expiration date of Linda Maxwell’s ImmunityBio (IBRX) stock options?

The options expire on June 9, 2036. After that date, any unexercised options become worthless, so exercises must occur between the vesting date and this expiration date if she chooses to purchase shares.

Is Linda Maxwell’s ImmunityBio (IBRX) Form 4 a stock purchase or a compensation grant?

The Form 4 reflects a compensation grant, not an open-market stock purchase. She received stock options at no cost, giving her the right to buy 65,600 shares later at $7.25 per share if the options vest.

What conditions must be met for Linda Maxwell’s ImmunityBio (IBRX) options to vest?

Vesting is conditioned on her continuing to be a “Service Provider” under ImmunityBio’s 2025 Equity Incentive Plan through the applicable vesting date. If she stops qualifying before then, some or all of the options may never vest.