Immuron director reports initial share, option stakes
Immuron Ltd director Daniel Jude Pollock has filed an initial Form 3 showing his share and option holdings.
Rhea-AI Filing Summary
Immuron Ltd director Daniel Jude Pollock has filed an initial Form 3 showing his share and option holdings. He reports direct ownership of 568,750 Ordinary Shares and an additional 174,480 Ordinary Shares held indirectly through joint ownership with his spouse. Pollock also holds options over 1,000,000 Ordinary Shares with a USD exercise price of $0.0789 expiring on October 3, 2029, and options over 333,333 Ordinary Shares with a USD exercise price of $0.1040 expiring on August 20, 2028. Footnotes explain these option grants vest in staged annual installments and that the exercise prices were originally denominated in Australian dollars and translated into U.S. dollars using an exchange rate of AUD 1.00 = USD 0.7172.
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Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Pollock Daniel Jude
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options — 1,333,333 contracts (Direct);
Ordinary Shares — 568,750 shares (Direct);
Ordinary Shares — 174,480 shares (Indirect, Joint ownership with spouse)
Footnotes (4)
- F1. The option became exercisable as to 333,333 shares on December 8, 2025, and becomes exercisable as to the remaining 333,333 shares on December 8, 2026, and 333,334 shares on December 8, 2027.
- F2. The option will become exercisable as to 333,333 shares on November 24, 2026; 333,333 shares November 24, 2027, and 333,334 shares on November 24, 2028.
- F3. The exercise price of this option, originally denominated in Australian dollar ("AUD") in the amount of AUD $0.145 is presented in the table in U.S.dollars ("USD") based on the exchange rate reported by the Reserve Bank of Australia on April 28, 2026, which was AUD 1.00 = USD 0.7172.
- F4. The exercise price of this option, originally denominated in Australian dollar ("AUD") in the amount of AUD $0.110 is presented in the table in U.S.dollars ("USD") based on the exchange rate reported by the Reserve Bank of Australia on April 28, 2026, which was AUD 1.00 = USD 0.7172.
Key Figures
Direct Ordinary Shares: 568,750 shares
Indirect Ordinary Shares: 174,480 shares
Options grant 1 underlying shares: 1,000,000 shares
+4 more
7 metrics
Direct Ordinary Shares
568,750 shares
Direct ownership reported on Form 3
Indirect Ordinary Shares
174,480 shares
Joint ownership with spouse
Options grant 1 underlying shares
1,000,000 shares
Options over Ordinary Shares expiring October 3, 2029
Options grant 1 exercise price
$0.0789 per share
USD exercise price for 1,000,000-share option grant
Options grant 2 underlying shares
333,333 shares
Options over Ordinary Shares expiring August 20, 2028
Options grant 2 exercise price
$0.1040 per share
USD exercise price for 333,333-share option grant
FX rate used
AUD 1.00 = USD 0.7172
Conversion for option exercise prices on April 28, 2026
Key Terms
Form 3, Ordinary Shares, Options, exercise price, +1 more
5 terms
Form 3 regulatory
"Initial statement on Form 3 reports beneficial ownership."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Options financial
"He also holds Options over Immuron Ordinary Shares with future expirations."
Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.
exercise price financial
"The option exercise price is shown in U.S. dollars per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
beneficial ownership financial
"Form 3 provides Pollock’s initial beneficial ownership in Immuron."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Daniel Jude Pollock’s Form 3 for IMRN disclose?
The Form 3 discloses Daniel Jude Pollock’s initial beneficial ownership in Immuron Ltd, including direct and joint Ordinary Share holdings plus multiple option grants over Ordinary Shares with specified exercise prices, vesting schedules, and expiration dates.
How are the exercise prices for Pollock’s Immuron options presented?
The exercise prices were originally set in Australian dollars but are presented in U.S. dollars based on an exchange rate of AUD 1.00 = USD 0.7172, giving U.S. investors a consistent currency reference for the option strike levels.
How do Pollock’s Immuron option grants vest over time?
Footnotes state one option grant vests over three annual tranches from December 8, 2025 to December 8, 2027, while another vests over three tranches from November 24, 2026 to November 24, 2028, aligning his incentives with multi-year company performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
