Imunon (IMNN) Chief Medical Officer granted 21,896 shares in lieu of 2025 cash bonus
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Imunon, Inc.’s Chief Medical Officer, Douglas Vincent Faller, received a stock-based bonus rather than a cash payment. He was granted 21,896 shares of Imunon common stock at a reference price of $1.72 per share as part of his 2025 compensation.
The footnote explains this stock grant was given in lieu of cash for 50% of his 2025 annual cash bonus. Following the grant, Faller directly owns 21,896 Imunon common shares, and the filing shows no related option exercises, sales, or derivative positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Faller Douglas Vincent
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,896 | $1.72 | $38K |
Holdings After Transaction:
Common Stock — 21,896 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 21,896 shares
Grant price: $1.72 per share
Shares owned after grant: 21,896 shares
+1 more
4 metrics
Shares granted
21,896 shares
Common stock grant to Chief Medical Officer
Grant price
$1.72 per share
Reference price for stock grant on 2026-06-25
Shares owned after grant
21,896 shares
Total direct holdings following the transaction
Bonus portion paid in stock
50% of 2025 annual cash bonus
Stock granted in lieu of cash
Key Terms
Chief Medical Officer, grant, award, or other acquisition, annual cash bonus, Form 4
4 terms
Chief Medical Officer financial
"Imunon, Inc.’s Chief Medical Officer, Douglas Vincent Faller, received a stock-based bonus"
A chief medical officer is a senior executive responsible for overseeing the health and medical strategies within an organization, often in the healthcare or pharmaceutical sectors. They play a key role in guiding decisions related to medical research, product safety, and healthcare policies, which can impact a company's reputation and success. For investors, understanding the chief medical officer's role helps gauge how well a company manages medical risks and advances its healthcare goals.
grant, award, or other acquisition financial
"The transaction is classified as a grant, award, or other acquisition"
annual cash bonus financial
"Stock granted in lieu of cash for 50% of 2025 annual cash bonus"
Form 4 regulatory
"After the reported transaction, Douglas Vincent Faller holds 21,896 Imunon common shares directly reported on 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 did Imunon (IMNN) disclose about Chief Medical Officer Douglas Faller’s latest equity grant?
Imunon reported that Chief Medical Officer Douglas Vincent Faller received a grant of 21,896 common shares. The stock was granted as part of his 2025 compensation package, replacing half of his annual cash bonus with equity rather than being an open-market purchase.
Was the Imunon (IMNN) Chief Medical Officer’s Form 4 transaction a market purchase or a compensation grant?
The transaction was a compensation-related grant, not a market purchase. The filing classifies it as a “grant, award, or other acquisition,” and the footnote states it was stock granted in lieu of cash for 50% of Faller’s 2025 annual cash bonus.
At what price was the Imunon (IMNN) stock grant to Douglas Faller recorded on the Form 4?
The 21,896 Imunon common shares granted to Douglas Vincent Faller were recorded at $1.72 per share. This price is used as the reference value for the grant in the filing, typical for reporting the fair market value on the grant date.
Does the Imunon (IMNN) Form 4 show any stock sales or option exercises by Douglas Faller?
The Form 4 data shows no stock sales or option exercises by Douglas Vincent Faller. It reports a single non-derivative transaction: an acquisition of 21,896 common shares as a grant, with no derivative transactions or disposals included in the summary.