Imunon (IMNN) Director Christine Pellizzari Receives Award

What Happened

• Christine A. Pellizzari, a director of Imunon, Inc. (IMNN), received an award of 6,934 shares on July 31, 2026. The reported acquisition price was $1.59 per share, for a total value of approximately $11,025. This was a grant/award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-31
• Price per share: $1.59; Shares granted: 6,934; Total value: ~$11,025
• Shares owned after transaction: Not disclosed in this Form 4
• Footnote: Stock was granted in lieu of cash for a portion of board fees (per filing footnote)
• Filing timeliness: Form 4 filed 2026-08-04 (filed within the required two business days)

Context

• This grant was compensatory—stock issued in lieu of cash board fees—so it reflects routine director compensation rather than a direct market signal about the company. Such awards are common and should be interpreted differently from insider purchases or sales.