A Form 4 filed on October 27, 2026 reports that Stacy Lindborg, President and CEO of Imunon, Inc. (NASDAQ:IMNN), acquired 2,603 shares of common stock on October 23, 2026 at a price of $1.235 per share in lieu of a portion of her base salary.

Key Highlights

  • Reporting person: Stacy Lindborg, serving as President and CEO and as a Director of Imunon, Inc.
  • Transaction: 2,603 shares of common stock acquired (transaction code A) on October 23, 2026 at $1.235 per share.
  • Nature of grant: According to the filing, shares were "stock granted in lieu of cash for portion of base salary."
  • Direct beneficial ownership following transaction: 118,777 shares held directly.
  • Indirect ownership: An additional 778 shares held indirectly through a 401(k) Plan.
  • Signatory: The form was signed by Jeffrey W. Church as Attorney in Fact for Stacy R. Lindborg on October 27, 2026.

Imunon CEO Receives Common Stock in Lieu of Cash Salary Compensation

According to the Form 4 filed with the SEC, Stacy Lindborg, who holds the roles of President, CEO, and Director at Imunon, Inc., received 2,603 shares of common stock on October 23, 2026. The filing notes that the shares were "stock granted in lieu of cash for portion of base salary," with a recorded price of $1.235 per share. The transaction is coded as an acquisition (A) in Table I of the form.

Following the reported transaction, the filing discloses that Lindborg directly beneficially owns 118,777 shares of Imunon common stock. In addition, the filing reports 778 shares held indirectly through a 401(k) Plan. No derivative securities transactions are reported in Table II of this filing.

The Form 4 was filed on October 27, 2026, with Jeffrey W. Church signing as Attorney in Fact for Stacy R. Lindborg. The filing identifies the issuer as Imunon, Inc., trading on NASDAQ under the symbol IMNN, and was submitted pursuant to Section 16(a) of the Securities Exchange Act of 1934.

What Was Disclosed

This Form 4 discloses the acquisition of 2,603 common shares by Imunon's President and CEO, Stacy Lindborg, on October 23, 2026, at $1.235 per share as compensation in lieu of cash salary, bringing her direct holdings to 118,777 shares.