VirnetX (VHC) director receives 7,500-share restricted stock grant with vesting terms

Rhea-AI Filing Summary

Feiner Gary reported acquisition or exercise transactions in this Form 4 filing.

VirnetX Holding Corp director Gary Feiner received an award of 7,500 shares of common stock as restricted stock. These shares were granted at no purchase price and increase his direct holdings to 24,374 shares following the award.

The restricted shares will vest on the earlier of the one-year anniversary of the grant date or the close of business on the day prior to VirnetX’s 2027 annual meeting of stockholders, provided he maintains continuous service. If a Change in Control occurs, all unvested restricted shares will fully vest immediately before the transaction closes.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Feiner Gary

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,500	$0.00	--

Holdings After Transaction: Common Stock — 24,374 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 7,500 shares Grant price: $0.0000 per share Shares held after grant: 24,374 shares

3 metrics

Restricted stock grant 7,500 shares Common stock award on 2026-06-11

Grant price $0.0000 per share Equity compensation award, not market purchase

Shares held after grant 24,374 shares Total direct VirnetX common stock following transaction

Key Terms

Restricted Stock, Change in Control, Equity Incentive Plan

3 terms

Restricted Stock financial

"The total number of restricted shares ("Restricted Stock") shall vest on the earlier of..."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Change in Control financial

"If a Change in Control occurs, all of the Restricted Stock then unvested..."

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

Equity Incentive Plan financial

"Service Provider (as defined in the Company's Amended and Restated 2013 Equity Incentive Plan)..."

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Feiner Gary

(Last) (First) (Middle)

C/O 308 DORLA COURT, SUITE 206

(Street)

ZEPHYR COVE NEVADA 89448

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VirnetX Holding Corp [ VHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/11/2026		A		7,500(1)	A	$0	24,374	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The total number of restricted shares ("Restricted Stock") shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the close of business on the day prior to the Company's 2027 annual meeting of stockholders, in each case, so long as the Reporting Person's continuous status as a Service Provider (as defined in the Company's Amended and Restated 2013 Equity Incentive Plan) has not terminated prior to each such date. If a Change in Control occurs, all of the Restricted Stock then unvested as of the date of the Change in Control, will vest immediately prior to the consummation of the Change in Control transaction.

	/s/ Kendall Larsen, Attorney-in-fact for Gary Feiner	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did VirnetX (VHC) report for director Gary Feiner?

VirnetX reported that director Gary Feiner received a grant of 7,500 restricted shares of common stock. These shares were awarded at no purchase price as part of equity compensation and increased his direct ownership to 24,374 shares after the transaction.

How many VirnetX (VHC) shares does Gary Feiner hold after this Form 4 filing?

After the reported transaction, Gary Feiner directly holds 24,374 shares of VirnetX common stock. This total reflects the addition of 7,500 restricted shares granted to him, which are subject to vesting conditions tied to time in service and potential corporate events.

What are the vesting terms for Gary Feiner’s 7,500 restricted VirnetX (VHC) shares?

All 7,500 restricted shares will vest on the earlier of the one-year anniversary of the grant date or the close of business before VirnetX’s 2027 annual stockholders’ meeting, provided his continuous service as a Service Provider remains in place through the applicable vesting date.

How does a Change in Control affect Gary Feiner’s restricted VirnetX (VHC) stock?

If a Change in Control occurs, all of Gary Feiner’s then-unvested restricted shares will fully vest immediately before the change in control transaction closes. This acceleration provision protects the value of his equity award if VirnetX undergoes a qualifying corporate transaction.

Was Gary Feiner’s VirnetX (VHC) share grant a market purchase or compensation award?

The filing classifies the 7,500-share transaction as a grant or award acquisition, not an open-market purchase. The shares were issued at a price of $0.0000 per share, indicating equity compensation under VirnetX’s Amended and Restated 2013 Equity Incentive Plan.