Imunon (IMNN) CEO takes 6,615 shares instead of cash pay
Rhea-AI Filing Summary
Lindborg Stacy reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. executive Stacy Lindborg, President and CEO, received an equity award of 6,615 shares of common stock on 2026-08-14. The shares were valued at $1.65 per share and were granted in lieu of cash for a portion of base salary. Following this grant, Lindborg directly holds 93,254 shares of Imunon common stock and indirectly holds an additional 778 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,615 shares
Net Buy
2 txns
Insider
Lindborg Stacy
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 6,615 | $1.65 | $11K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 93,254 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
Shares granted: 6,615 shares
Grant reference price: $1.65 per share
Direct holdings after transaction: 93,254 shares
+1 more
4 metrics
Shares granted
6,615 shares
Common stock grant on 2026-08-14 in lieu of cash salary
Grant reference price
$1.65 per share
Value per share for the 6,615-share stock grant
Direct holdings after transaction
93,254 shares
Imunon common stock directly owned by Stacy Lindborg after the grant
Indirect 401(k) holdings
778 shares
Imunon common stock held indirectly by 401(k) Plan
Key Terms
grant, award, or other acquisition, in lieu of cash, 401(k) Plan
3 terms
grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition""
in lieu of cash financial
"Stock granted in lieu of cash for portion of base salary"
401(k) Plan financial
"nature_of_ownership is listed as "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.
FAQ
What did Imunon (IMNN) report in Stacy Lindborg's latest Form 4?
Imunon (IMNN) reported that President and CEO Stacy Lindborg received an equity grant of 6,615 shares of common stock on 2026-08-14, at a reference value of $1.65 per share, in lieu of cash for part of base salary.
What was the size and price of the stock grant to Imunon (IMNN) CEO Stacy Lindborg?
Stacy Lindborg received a grant of 6,615 Imunon common shares at $1.65 per share. The filing notes this grant was provided in lieu of cash for a portion of base salary, indicating equity-based compensation rather than a market purchase.
Was the Imunon (IMNN) CEO’s new stock award a market purchase or compensation grant?
The reported transaction is a compensation grant, not a market purchase. The Form 4 describes the code A transaction as stock granted in lieu of cash for a portion of base salary, reflecting non-cash executive compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.