Imunon CEO receives 1,593-share stock grant
Lindborg Stacy reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Lindborg Stacy reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. President and CEO Stacy Lindborg received additional equity compensation. On June 5, she was granted 1,593 shares of Imunon common stock at $2.06 per share, described as stock granted in lieu of cash for a portion of her base salary.
Following this grant, Lindborg directly holds 5,235 common shares. She also has an indirect holding of 778 common shares through a 401(k) Plan. These are compensation-related awards rather than open-market purchases or sales.
Insights
CEO received routine stock compensation in place of some cash salary.
Imunon granted President and CEO Stacy Lindborg 1,593 common shares at $2.06 per share, explicitly noted as stock in lieu of cash for part of her base salary. This is a non-derivative, compensation-related acquisition coded as an A transaction.
Because the shares replace cash pay, this filing reflects compensation structure rather than an active market purchase, so it carries limited signal about her view on the stock. After the grant, she directly owns 5,235 shares and holds 778 shares indirectly via a 401(k) Plan, giving a clearer picture of her current equity stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,593 | $2.06 | $3K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Stock granted in lieu of cash for portion of base salary
Key Figures
Key Terms
Grant, award, or other acquisition financial
401(k) Plan financial
indirect ownership financial
non-derivative financial
FAQ
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What did Imunon (IMNN) CEO Stacy Lindborg report in this Form 4?
At what price was the Imunon (IMNN) stock grant to the CEO valued?
Was the Imunon (IMNN) CEO’s Form 4 transaction a market buy or sell?
What does “stock granted in lieu of cash for portion of base salary” mean for IMNN?
AI-generated analysis. How Rhea-AI works. Not financial advice.