Immuron (IMRN) director details share stakes and option grants
Rhea-AI Filing Summary
Immuron Ltd director Ravi Savarirayan has filed an initial Form 3 detailing his ownership in the company. He reports direct ownership of 409,090 Ordinary Shares and indirect ownership of 468,750 Ordinary Shares through joint ownership with Sophie Beaumont.
He also holds options over 1,000,000 Ordinary Shares at an exercise price of $0.0789 per share, expiring on October 3, 2029, and options over 333,333 Ordinary Shares at an exercise price of $0.1040 per share, expiring on August 20, 2028. Footnotes describe staged vesting of these options across 2025–2028 and indicate the exercise prices were originally denominated in Australian dollars and translated into U.S. dollars using a Reserve Bank of Australia exchange rate.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Savarirayan Ravi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options — 1,333,333 shares (Direct);
Ordinary Shares — 409,090 shares (Direct);
Ordinary Shares — 468,750 shares (Indirect, Joint ownership with [Sophie Beaumont])
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 26, 2026; 333,333 shares on 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: 409,090 shares
Indirect Ordinary Shares (joint): 468,750 shares
Options at $0.0789: 1,000,000 underlying shares
+2 more
5 metrics
Direct Ordinary Shares
409,090 shares
Direct ownership reported on Form 3
Indirect Ordinary Shares (joint)
468,750 shares
Joint ownership with Sophie Beaumont
Options at $0.0789
1,000,000 underlying shares
Exercise price $0.0789; expiration October 3, 2029
Options at $0.1040
333,333 underlying shares
Exercise price $0.1040; expiration August 20, 2028
AUD to USD rate
AUD 1.00 = USD 0.7172
Used to present option exercise prices in U.S. dollars
Key Terms
Ordinary Shares, exercise price, expiration date, joint ownership, +1 more
5 terms
exercise price financial
"options over 1,000,000 Ordinary Shares at an exercise price of $0.0789 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.
expiration date financial
"expiring on October 3, 2029, and options over 333,333 Ordinary Shares at an exercise price of $0.1040 per share, expiring on August 20, 2028"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
joint ownership financial
"indirect ownership of 468,750 Ordinary Shares through joint ownership with Sophie Beaumont"
Form 3 regulatory
"has filed an initial Form 3 detailing his ownership in the company"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Immuron (IMRN) Form 3 filing by Ravi Savarirayan show?
The Form 3 shows Ravi Savarirayan’s initial ownership in Immuron. He reports direct and joint ownership of Ordinary Shares plus significant stock options, giving investors a snapshot of his equity stake and future potential share exposure as a company director.
What stock options in Immuron (IMRN) does Ravi Savarirayan hold?
He holds options over 1,000,000 Ordinary Shares with a $0.0789 exercise price and options over 333,333 Ordinary Shares at $0.1040. These options, if exercised, would increase his shareholdings, subject to vesting schedules and the specified expiration dates.
When do Ravi Savarirayan’s Immuron (IMRN) options vest and expire?
One option grant vests in three tranches on December 8, 2025, 2026, and 2027. Another vests on November 26, 2026, November 24, 2027, and November 24, 2028. The options expire on August 20, 2028, and October 3, 2029, respectively if not exercised.
How were the exercise prices for Ravi Savarirayan’s Immuron (IMRN) options determined?
The exercise prices were originally set in Australian dollars and then presented in U.S. dollars. Footnotes state the conversion used a Reserve Bank of Australia rate of AUD 1.00 = USD 0.7172 on April 28, 2026, to show comparable U.S. dollar values.
What is meant by joint ownership in the Immuron (IMRN) Form 3 filing?
Joint ownership means certain shares are held together with another person, in this case Sophie Beaumont. The filing lists 468,750 Ordinary Shares under joint ownership, indicating both parties share economic interests in that portion of Immuron’s stock holdings.