VirnetX CFO reports routine tax share withholding
VirnetX Holding Corp Chief Financial Officer Katherine Allanson reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
VirnetX Holding Corp Chief Financial Officer Katherine Allanson reported a routine tax-related share disposition. On July 6, 2026, 100 shares of common stock were withheld by the company at $11.95 per share to satisfy income tax and withholding obligations tied to previously reported restricted stock awards. The footnote clarifies this withholding does not represent an open-market sale by Allanson. Following the transaction, she directly holds 31,205 shares of VirnetX common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 100 | $11.95 | $1K |
Footnotes (1)
- F1. These shares were withheld by the Issuer to satisfy income tax and withholding and remittance obligations in connection with previously reported restricted stock awards and do not represent a sale by the Reporting Person.
Key Figures
Key Terms
tax-withholding disposition financial
restricted stock awards financial
beneficial ownership financial
FAQ
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What insider transaction did VirnetX (VHC) report for CFO Katherine Allanson?
Was the VirnetX (VHC) CFO’s Form 4 transaction an open-market sale?
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