Tardugno Michael H 4

What Happened
Michael H. Tardugno, Executive Chairman and Director of Imunon, Inc. (IMNN), was granted 42,519 shares on 2026-06-25 at an attributed price of $1.72 per share, for a total value of $73,133. The transaction is coded as an award/grant (A) — an acquisition of stock, not an open-market purchase.

Key Details

• Transaction date: 2026-06-25; filing date: 2026-06-29 (filed within required Form 4 timeframe).
• Shares granted: 42,519; price used for reporting: $1.72 per share; total value: $73,133.
• Footnote: Stock granted in lieu of cash for 50% of the 2025 annual cash bonus.
• Transaction type: Grant/Award (not a sale or open-market buy).
• Shares owned after transaction: Not specified in the provided filing details.

Context
This was a compensation-related grant (conversion of bonus into equity), which is common and primarily reflects company pay practices rather than a direct market bet by the insider. Awards like this increase insider ownership but are different from voluntary purchases (which some investors view as stronger bullish signals).