4Accepted Aug 4, 4:11 PM ET
Imunon (IMNN) CMO Douglas Vincent Faller Receives 3,649-Share Award
Accepted (ET)
4:11 PM
Aug 4, 2026
Filed
Aug 4, 2026
Documents
1
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4.8 KB
Summary
Imunon (IMNN) CMO Douglas Vincent Faller Receives 3,649-Share Award
What Happened
Douglas Vincent Faller, Chief Medical Officer of Imunon, Inc. (IMNN), was granted 3,649 shares on July 31, 2026. The shares were valued at $1.59 each, for a total reported value of $5,802. This was an equity award (transaction code A) granted in lieu of a portion of his base salary.
Key Details
- Transaction date: 2026-07-31; SEC filing date: 2026-08-04 (filed within the required period).
- Transaction type/code: Award/Grant (A) — stock issued to the insider as compensation.
- Shares granted: 3,649 at $1.59 per share; total value $5,802.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: stock granted in lieu of cash for portion of base salary (compensation, not an open-market purchase).
- No indication in the filing of a 10b5-1 plan, tax withholding, or late filing.
Context
This transaction is a compensation-related equity award, meaning the shares were issued as payment rather than bought on the open market. Compensation grants are common and reflect payroll/compensation mechanics more than immediate insider sentiment about the stock.