Imunon chair receives stock grant as salary
Tardugno Michael H reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Tardugno Michael H reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. Executive Chairman Michael H. Tardugno reported a compensation-related stock grant. He received 3,484 shares of Common Stock as a grant or award at $2.20 per share, described as stock granted in lieu of cash for base salary.
After this grant, he holds 8,749 shares of Imunon Common Stock directly. Separately, an indirect entry shows 4,622 shares held through a 401(k) Plan, reflecting retirement-plan ownership rather than an open-market transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,484 | $2.20 | $8K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Stock granted in lieu of cash for base salary
Key Figures
Key Terms
Grant, award, or other acquisition financial
401(k) Plan financial
Common Stock financial
Executive Chairman of Board financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Imunon (IMNN) report for Michael H. Tardugno?
At what price was the Imunon (IMNN) stock grant to Michael H. Tardugno valued?
Was the Imunon (IMNN) stock grant to Michael H. Tardugno an open-market purchase or compensation?
Does the Imunon (IMNN) Form 4 show any insider sales by Michael H. Tardugno?
AI-generated analysis. How Rhea-AI works. Not financial advice.