Imunon (IMNN) chair takes half of 2025 cash bonus in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tardugno Michael H reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. Executive Chairman Michael H. Tardugno received a stock grant as part of his 2025 compensation. He was awarded 42,519 shares of common stock at $1.72 per share, granted in lieu of cash for 50% of his 2025 annual cash bonus.
Following this grant, Tardugno holds 59,986 shares of Imunon common stock directly, plus 4,622 shares held indirectly through an IRA. The filing shows a compensation-related share award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tardugno Michael H
Role
Executive Chairman of Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42,519 | $1.72 | $73K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 59,986 shares (Direct, null);
Common Stock — 4,622 shares (Indirect, Held by IRA)
Footnotes (1)
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Key Figures
Stock grant shares: 42,519 shares
Grant price: $1.72 per share
Direct holdings after grant: 59,986 shares
+1 more
4 metrics
Stock grant shares
42,519 shares
Common stock grant in lieu of 50% of 2025 annual cash bonus
Grant price
$1.72 per share
Value per share used for the 42,519-share stock grant
Direct holdings after grant
59,986 shares
Common stock directly owned by Michael H. Tardugno after the grant
Indirect IRA holdings
4,622 shares
Common stock held indirectly through an IRA after the reported entry
Key Terms
Grant, award, or other acquisition, Held by IRA, annual cash bonus, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Held by IRA financial
"nature_of_ownership: Held by IRA"
annual cash bonus financial
"Stock granted in lieu of cash for 50% of 2025 annual cash bonus"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Imunon (IMNN) report for Michael H. Tardugno?
Imunon reported a compensation-related stock grant to Executive Chairman Michael H. Tardugno. He received 42,519 common shares at $1.72 per share, granted instead of cash for half of his 2025 annual cash bonus, increasing his direct holdings to 59,986 shares.
Was the Imunon (IMNN) Form 4 transaction a market buy or sell?
The Form 4 reports a grant or award, not a market trade. Tardugno received 42,519 Imunon common shares at $1.72 per share as compensation in lieu of 50% of his 2025 cash bonus, rather than buying or selling shares on the open market.
What is the value basis of the Imunon (IMNN) stock grant to the executive chairman?
The stock grant to Tardugno is recorded at $1.72 per share for 42,519 shares of Imunon common stock. This per-share value is used in the filing to describe the grant, which replaces cash for 50% of his 2025 annual bonus rather than providing additional cash compensation.
How is Michael H. Tardugno’s 2025 bonus structured at Imunon (IMNN)?
According to the Form 4 footnote, 50% of Tardugno’s 2025 annual cash bonus is being paid in stock. He received 42,519 Imunon common shares at $1.72 per share in lieu of that portion of the bonus, aligning part of his compensation with equity instead of cash.