Imunon, Inc. (IMNN) Executive Chair receives 43,821 stock options
Rhea-AI Filing Summary
Imunon, Inc. Executive Chairman Michael H. Tardugno received a grant of stock options for 43,821 shares on January 2, 2026. The options give him the right to buy Imunon common stock at an exercise price of $3.95 per share, which the disclosure notes was the closing price of the stock on the grant date.
The options were granted at no cash cost for the derivative security itself and expire on January 2, 2036. They vest over time, with one-half vesting on the grant date, one-quarter on the one-year anniversary of the grant, and the remaining one-quarter on the second anniversary. Following this grant, Tardugno beneficially owns 43,821 stock options directly.
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FAQ
What insider transaction did Imunon (IMNN) report for Michael H. Tardugno?
Imunon reported that Executive Chairman Michael H. Tardugno received a grant of 43,821 stock options on January 2, 2026, giving him the right to purchase Imunon common stock under the company’s equity compensation arrangements.
What is the exercise price of the new Imunon (IMNN) stock options?
The stock options granted to Michael H. Tardugno have an exercise price of $3.95 per share, which is stated to represent the closing price of Imunon common stock on the grant date.
How do the stock options granted to Imunon (IMNN) Executive Chairman vest?
The options vest in stages: one-half of the grant vests on the date of grant, one-quarter vests on the one-year anniversary of the grant, and the final one-quarter vests on the second-year anniversary of the grant.
When do Michael H. Tardugno’s Imunon (IMNN) stock options expire?
The stock options granted on January 2, 2026 to Michael H. Tardugno are scheduled to expire on January 2, 2036, if they are not exercised earlier.
How many Imunon (IMNN) derivative securities does Michael H. Tardugno own after this grant?
After the reported transaction, Michael H. Tardugno beneficially owns 43,821 stock options directly, as disclosed in the filing.
Did Michael H. Tardugno pay anything for the Imunon (IMNN) stock option grant itself?
The filing lists the price of the derivative security as $0, indicating the options were granted without a cash payment for the option itself, while the $3.95 per share exercise price applies if he chooses to buy the underlying stock.