VNRX Form 4: Officer Nicholas Plummer Receives 24,031 RSUs
Rhea-AI Filing Summary
VolitionRX Limited insider filing (Form 4) reports that director and officer Nicholas Plummer was awarded 24,031 restricted stock units (RSUs) on 08/15/2025 in lieu of cash compensation. The RSUs are granted under the Issuer's 2015 Stock Incentive Plan, have a reported price of $0, and will be earned in six approximately equal monthly installments beginning 09/01/2025. Once earned, the awards remain subject to additional time-based vesting in two installments of 12,016 units on 11/01/2025 and 12,015 units on 02/01/2026. The filing shows 207,877 shares beneficially owned by the reporting person following the transaction.
Positive
- 24,031 RSUs granted to replace cash compensation, as explicitly stated in the filing
- Clear vesting schedule: earned in six monthly installments beginning 09/01/2025, with further time-based vesting on 11/01/2025 and 02/01/2026
- Beneficial ownership after transaction is reported as 207,877 shares
Negative
- None.
Insights
TL;DR: Insider awarded 24,031 RSUs in lieu of cash; vesting spans Sept 2025–Feb 2026; beneficial ownership rises to 207,877 shares.
The filing documents a compensation-related equity grant rather than an open-market purchase or sale. The award replaces cash compensation and is structured with an initial earning phase across six monthly installments followed by two time-based vesting dates, which delays full share delivery until late 2025/early 2026. This transaction is a routine executive compensation action and does not itself convey operational performance metrics.
TL;DR: Company used its 2015 Stock Incentive Plan to issue RSUs as compensation; vesting provisions require continued service.
The Form 4 discloses standard RSU terms: awards earned monthly then subject to further time-based vesting, and settlement converts RSUs into common shares upon vesting. The filing identifies the reporting person as a director and officer (GC - Volition Diagnostics). The structure ties compensation to service periods documented in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,031 | $0.00 | -- |
Footnotes (1)
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FAQ
How many RSUs were granted to Nicholas Plummer on 08/15/2025 (VNRX)?
What is the vesting schedule for the RSUs reported on the Form 4?
Was cash paid for these RSUs according to the filing?
What role does the reporting person hold at VolitionRX?