Immunic Executive Chairman Gets 570,000 Stock Options at $0.77 Strike Price
Immunic has filed a Form 4/A (amended insider trading report) for Executive Chairman and Director Duane Nash, correcting a previously filed Form 4 from June 9, 2025.
Rhea-AI Filing Summary
Immunic has filed a Form 4/A (amended insider trading report) for Executive Chairman and Director Duane Nash, correcting a previously filed Form 4 from June 9, 2025. The amendment addresses an administrative error in the reported number of stock options granted.
Key details of the transaction:
- Transaction Date: June 5, 2025
- Granted 570,000 stock options to purchase common stock
- Exercise price: $0.7729 per share
- Options expire on June 5, 2035
- Vesting schedule: Monthly increments over one year from grant date
This filing represents a significant equity compensation grant to a senior executive, with the options having a 10-year exercise period. The relatively low exercise price and substantial option quantity suggests a strong alignment of management interests with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 570,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option vests in monthly increments over a period of one year from the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many stock options were granted to Duane Nash at IMUX on June 5, 2025?
What is the vesting schedule for IMUX Executive Chairman's June 2025 stock options?
Why did IMUX file a Form 4/A amendment for Duane Nash's stock options?
When do Duane Nash's IMUX stock options expire?
What positions does Duane Nash hold at IMUX according to the Form 4/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.