Imunon (IMNN) grants CSO 15,736 stock options at $3.95 exercise price
Rhea-AI Filing Summary
Imunon, Inc. reported an equity award to its Chief Scientific Officer, Khursheed Anwer. On January 2, 2026, he received a stock option grant covering 15,736 shares of Imunon common stock. The option has an exercise price of $3.95 per share, which matches the closing price of Imunon common stock on the grant date, and there was no cash paid for receiving the option itself.
The vesting schedule is time-based: half of the options vest on the grant date, with an additional one-quarter vesting on the first anniversary of the grant date and the remaining one-quarter vesting on the second anniversary. All 15,736 options are reported as directly owned following this transaction.
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FAQ
Who received the stock option grant reported in Imunon (IMNN)'s Form 4?
The grant was made to Khursheed Anwer, who serves as Chief Scientific Officer of Imunon, Inc.
How many stock options were granted to the Imunon (IMNN) Chief Scientific Officer?
The Form 4 reports a grant of 15,736 stock options, each representing the right to buy one share of Imunon common stock.
What is the exercise price of the stock options granted by Imunon (IMNN)?
The options have an exercise price of $3.95 per share, which represents the closing price of Imunon common stock on the grant date.
When do the Imunon (IMNN) stock options granted to the CSO vest?
The options vest as follows: 1/2 on the grant date, 1/4 on the one-year anniversary, and 1/4 on the two-year anniversary of the grant date.
How many derivative securities does the Imunon (IMNN) CSO own after this Form 4 transaction?
Following the reported transaction, the Chief Scientific Officer is shown as directly owning 15,736 stock options.
Was any cash paid to receive the Imunon (IMNN) stock option grant?
No cash was paid for the grant itself; the Form 4 lists the transaction price per option as $0, with an exercise price of $3.95 per share when the option is used.