4Filed Aug 3, 8:00 PM ET
Imunon (IMNN) Director Donald P. Braun Receives Stock Award
$IMNN · Imunon, Inc.Research Summary
AI-generated summary of this SEC filing
Imunon (IMNN) Director Donald P. Braun Receives Stock Award
What Happened
Donald P. Braun, a director of Imunon, Inc. (IMNN), was granted 6,180 shares on July 31, 2026. The shares were valued at $1.59 each for a total value of $9,826. This transaction is an award/grant (A) — stock received in lieu of cash compensation — rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-31; filing date (Form 4): 2026-08-04 (filed on time under the two-business-day rule).
- Transaction type/code: Award/Grant (A).
- Shares received: 6,180 at $1.59 per share; total value reported: $9,826.
- Shares owned after transaction: not specified in the filing.
- Footnote: Stock was granted in lieu of cash for a portion of board fees (compensation).
Context
Grants in lieu of cash are a common board compensation method and reflect non-cash pay rather than an insider market purchase. The size of this award (~$9.8k) is modest and should be viewed as routine compensation unless coupled with other significant insider buying or selling.