Imunon (IMNN) CEO Stacy Lindborg receives 1,491-share stock grant in lieu of cash pay
Rhea-AI Filing Summary
Lindborg Stacy reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. President and CEO Stacy Lindborg reported a stock grant of 1,491 shares of Common Stock. The shares were granted at $2.20 per share as stock in lieu of a portion of base salary, making this a compensation-related award rather than an open-market purchase.
After the grant, Lindborg directly holds 3,642 shares of Imunon common stock and indirectly holds 778 shares through a 401(k) plan. The filing does not show any open-market buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,491 shares
Net Buy
2 txns
Insider
Lindborg Stacy
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,491 | $2.20 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,642 shares (Direct);
Common Stock — 778 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. Stock granted in lieu of cash for portion of base salary
Key Figures
Stock grant size: 1,491 shares
Grant valuation price: $2.20 per share
Direct holdings after grant: 3,642 shares
+2 more
5 metrics
Stock grant size
1,491 shares
Common Stock granted as compensation on 2026-05-22
Grant valuation price
$2.20 per share
Recorded price for the 1,491-share grant
Direct holdings after grant
3,642 shares
Imunon Common Stock directly owned after transaction
Indirect 401(k) holdings
778 shares
Imunon Common Stock held indirectly via 401(k) Plan
Acquire-type transactions
1 transaction
Grant/award acquisition reported in transaction summary
Key Terms
Common Stock, grant/award acquisition, 401(k) Plan, Form 4
4 terms
Common Stock financial
"Stacy Lindborg received a grant of 1,491 shares of Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant/award acquisition financial
"The transaction is classified as a grant/award acquisition with code A."
401(k) Plan financial
"Lindborg also indirectly holds 778 shares by 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.
Form 4 regulatory
"The Form 4 shows a grant of 1,491 shares coded as an acquisition."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Imunon (IMNN) report for Stacy Lindborg?
Imunon (IMNN) reported that President and CEO Stacy Lindborg received a grant of 1,491 shares of Common Stock. The award was issued as stock in lieu of part of her base salary, making it a compensation grant rather than an open-market trade.
At what price was Stacy Lindborg’s Imunon (IMNN) stock grant recorded?
The 1,491-share grant to Stacy Lindborg was recorded at $2.20 per share. This price is used to value the compensation award and does not represent an open-market purchase or sale on that date according to the Form 4 details.
Was Stacy Lindborg’s Imunon (IMNN) Form 4 transaction a market buy or sell?
The Form 4 shows a grant of 1,491 shares coded as an acquisition, not an open-market buy or sell. A footnote clarifies the stock was granted in lieu of cash for a portion of her base salary, classifying it as compensation.
What does the 401(k) Plan entry mean in the Imunon (IMNN) Form 4?
The Form 4 reports 778 Imunon shares held indirectly by Stacy Lindborg through a 401(k) Plan. This entry reflects existing retirement-plan holdings as of the transaction date, categorized as indirect ownership, and does not represent a new open-market transaction.