Imunon (IMNN) pays CMO with 3,516-share stock grant
Rhea-AI Filing Summary
Faller Douglas Vincent reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. reported that Chief Medical Officer Douglas Vincent Faller received a grant of 3,516 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 his base salary, bringing his direct holdings to 33,451 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,516 shares
Net Buy
1 txn
Insider
Faller Douglas Vincent
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,516 | $1.65 | $6K |
Holdings After Transaction:
Common Stock — 33,451 shares (Direct)
Footnotes (1)
- F1. Stock granted in lieu of cash for portion of base salary
Key Figures
Shares granted: 3,516 shares
Grant value per share: $1.65 per share
Shares owned after transaction: 33,451 shares
3 metrics
Shares granted
3,516 shares
Common stock granted to Chief Medical Officer on 2026-08-14
Grant value per share
$1.65 per share
Value used for stock granted in lieu of cash base salary
Shares owned after transaction
33,451 shares
Direct holdings of Douglas Vincent Faller following the grant
Key Terms
Grant, award, or other acquisition, in lieu of cash, base salary
3 terms
Grant, award, or other acquisition financial
"transaction code description "Grant, award, or other acquisition""
in lieu of cash financial
"Stock granted in lieu of cash for portion of base salary"
base salary financial
"Stock granted in lieu of cash for portion of base salary"
FAQ
What insider transaction did IMNN report for Douglas Vincent Faller?
Imunon reported that Douglas Vincent Faller received a grant of 3,516 IMNN common shares on 2026-08-14. The stock was granted in lieu of cash for part of his base salary at $1.65 per share.
Was the IMNN Form 4 transaction a market purchase or a stock grant?
The IMNN Form 4 discloses a stock grant, not a market purchase. The 3,516 shares of common stock were granted in lieu of cash for a portion of Douglas Vincent Faller’s base salary at a stated value of $1.65 per share.
Did Imunon’s Chief Medical Officer use a 10b5-1 trading plan for this IMNN transaction?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and the transaction is described as a grant in lieu of cash salary, rather than a trade executed under a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.