Imunon, Inc. (IMNN) CMO granted stock in lieu of cash pay
Rhea-AI Filing Summary
Faller Douglas Vincent reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. Chief Medical Officer Douglas Vincent Faller received a grant of 3,649 shares of common stock on July 31, 2026, valued at $1.59 per share. The shares were granted in lieu of cash for a portion of his base salary, increasing his direct holdings to 29,935 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,649 shares
Net Buy
1 txn
Insider
Faller Douglas Vincent
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,649 | $1.59 | $6K |
Holdings After Transaction:
Common Stock — 29,935 shares (Direct)
Footnotes (1)
- F1. Stock granted in lieu of cash for portion of base salary
Key Figures
Shares granted: 3,649 shares
Grant value per share: $1.59 per share
Shares owned after grant: 29,935 shares
3 metrics
Shares granted
3,649 shares
Common stock granted to Chief Medical Officer on July 31, 2026
Grant value per share
$1.59 per share
Valuation used for the CMO’s stock grant
Shares owned after grant
29,935 shares
Direct Imunon common stock holdings of the CMO following the transaction
Key Terms
Form 4, grant/award acquisition, in lieu of cash, Chief Medical Officer
4 terms
Form 4 regulatory
"INSIDER FILING DATA (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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
in lieu of cash financial
"Stock granted in lieu of cash for portion of base salary"
Chief Medical Officer other
"officer_title": "Chief Medical Officer""
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transaction did Imunon (IMNN) report for its Chief Medical Officer?
Imunon reported that Chief Medical Officer Douglas Vincent Faller received a grant of 3,649 common shares on July 31, 2026. The award was part of his compensation package, issued in lieu of cash salary, and was valued at $1.59 per share for reporting purposes.
Was the Imunon (IMNN) CMO’s Form 4 transaction a market purchase or a compensation grant?
The transaction was a compensation-related stock grant, not a market purchase. Footnote disclosure states the 3,649 shares of common stock were "granted in lieu of cash" for a portion of Douglas Vincent Faller’s base salary at a value of $1.59 per share.
How does the Imunon (IMNN) Form 4 describe the nature of the CMO’s stock award?
The Form 4 describes the award as "Stock granted in lieu of cash for portion of base salary". This means the 3,649 shares of common stock were issued to Chief Medical Officer Douglas Vincent Faller as a non-cash component of his regular compensation.