VolitionRx director awarded 12,000 vested RSUs
VolitionRx Ltd director Ethel Rubin reported an equity award tied to performance goals.
Rhea-AI Filing Summary
VolitionRx Ltd director Ethel Rubin reported an equity award tied to performance goals. On March 17, 2025 she was granted 40,000 restricted stock units (RSUs) under the company’s 2024 Stock Incentive Plan. Certain corporate performance goals were achieved, so rights to 12,000 RSUs vested and were reflected as an acquisition of 12,000 shares of common stock at $0 on January 22, 2026, bringing her directly held common stock to 74,948 shares.
The 12,000 vested RSUs are subject to a three-year time-based schedule, vesting in three equal installments of 4,000 units on March 17, 2026, 2027 and 2028, with one share of common stock delivered for each vested RSU. The rights to the remaining 28,000 RSUs from the original grant did not vest based on the applicable performance goals and were cancelled on June 30, 2025 and January 22, 2026.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. On March 17, 2025, the reporting person was awarded 40,000 restricted stock units ("RSUs") under the Issuer's 2024 Stock Incentive Plan, subject to vesting upon the achievement of certain corporate performance goals on or prior to June 30, 2025 and December 31, 2025 and also subject to time-based vesting. Certain of the performance goals were met, resulting in the rights with respect to 12,000 RSUs vesting. The RSUs are further subject to a 3-year time-based vesting schedule, vesting in three equal installments of 4,000 units on each of March 17, 2026, 2027 and 2028, respectively. Upon vesting and settlement, the reporting person will receive a number of shares of common stock equal to the number of RSUs that have vested. The rights with respect to the remaining 28,000 RSUs did not vest and were cancelled on June 30, 2025 and January 22, 2026, respectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did VolitionRx (VNRX) report for Ethel Rubin?
VolitionRx reported that director Ethel Rubin acquired 12,000 shares of common stock on January 22, 2026, at a price of $0 per share, following vesting of restricted stock units.
What were the terms of Ethel Rubins RSU grant from VolitionRx (VNRX)?
On March 17, 2025, Ethel Rubin was granted 40,000 RSUs under VolitionRxs 2024 Stock Incentive Plan, subject to corporate performance goals and additional time-based vesting.
How many of Ethel Rubins VolitionRx RSUs vested and on what schedule?
Performance goals were achieved for 12,000 RSUs, which then became subject to time-based vesting in three equal installments of 4,000 units on March 17, 2026, 2027 and 2028.
What happened to the remaining RSUs from Ethel Rubins VolitionRx grant?
The rights to the remaining 28,000 RSUs did not vest because applicable performance goals were not met and were cancelled on June 30, 2025 and January 22, 2026.
How do the VolitionRx RSUs convert into common stock for Ethel Rubin?
Upon each vesting date and settlement, Ethel Rubin will receive one share of VolitionRx common stock for each RSU that has vested, based on the original 12,000 RSUs that satisfied performance conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.