Imunon (IMNN) CEO Stacy Lindborg receives stock grant instead of cash salary
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lindborg Stacy reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. President and CEO Stacy Lindborg received an equity grant of 2,534 shares of common stock at $1.91 per share in lieu of a portion of base salary. After this compensation-related award, she holds 76,722 shares directly and 778 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lindborg Stacy
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,534 | $1.91 | $5K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 76,722 shares (Direct, null);
Common Stock — 778 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- [object Object]
Key Figures
Stock grant shares: 2,534 shares
Grant price: $1.91 per share
Direct holdings after grant: 76,722 shares
+1 more
4 metrics
Stock grant shares
2,534 shares
Common Stock granted in lieu of salary
Grant price
$1.91 per share
Price used for the 2,534-share award
Direct holdings after grant
76,722 shares
Common Stock directly owned after transaction
Indirect 401(k) holdings
778 shares
Common Stock held indirectly via 401(k) plan
Key Terms
Form 4, grant in lieu of cash, indirect ownership, 401(k) Plan, +1 more
5 terms
Form 4 regulatory
"What did Imunon (IMNN) CEO Stacy Lindborg report in this 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.
grant in lieu of cash financial
"Stock granted in lieu of cash for portion of base salary"
indirect ownership financial
"Indirect holdings are reported as 778 Imunon common shares held through a 401(k) plan."
401(k) Plan financial
"She also has 778 shares held indirectly through a 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
grant, award, or other acquisition financial
"code A transaction, described as a grant or award"
FAQ
What did Imunon (IMNN) CEO Stacy Lindborg report in this Form 4?
Stacy Lindborg reported receiving 2,534 Imunon common shares as a stock grant. The shares were awarded at $1.91 per share in lieu of a portion of her base salary, reflecting compensation rather than an open-market purchase or sale.
Was the Imunon (IMNN) CEO transaction a market purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. The Form 4 shows a code A transaction, described as a grant or award, with 2,534 shares granted in lieu of a portion of Stacy Lindborg’s base salary at $1.91 per share.
Does the Imunon (IMNN) Form 4 show any stock sales by Stacy Lindborg?
The Form 4 does not show any stock sales by Stacy Lindborg. It reports one acquisition of 2,534 shares as a grant in lieu of salary and a separate 401(k) holding entry, with no sale transactions indicated in the summarized data.
How are Stacy Lindborg’s indirect Imunon (IMNN) holdings reported?
Indirect holdings are reported as 778 Imunon common shares held through a 401(k) plan. This line is classified as indirect ownership and marked as a holding entry, showing the number of shares attributed to retirement-plan ownership after the reported date.