VolitionRx (VNRX) director logs 12,000-share stock grant
Rhea-AI Filing Summary
VolitionRx Ltd director Guy Archibald Innes filed a Form 4 reporting equity compensation tied to prior restricted stock unit (RSU) awards. On March 17, 2025 he was granted 40,000 RSUs under the 2024 Stock Incentive Plan, subject to corporate performance and time-based vesting conditions. Certain performance goals were achieved, so rights with respect to 12,000 RSUs vested, while the remaining 28,000 RSUs were cancelled on June 30, 2025 and January 22, 2026.
Following the reported transaction, Innes directly holds 1,074,967 shares of common stock. He also has indirect interests, including 1,400,000 shares held by The Innes Family Bare Trust 2023 and 356,000 shares held by The Dill Faulkes Educational Trust Limited, where he disclaims beneficial ownership except to the extent of any pecuniary interest.
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FAQ
What did the VolitionRx (VNRX) Form 4 filed by Guy Archibald Innes report?
The Form 4 shows that director Guy Archibald Innes had rights vest with respect to 12,000 restricted stock units (RSUs) from a prior 40,000 RSU grant, with the remaining 28,000 RSUs cancelled under the company’s 2024 Stock Incentive Plan.
How many VolitionRx RSUs vested and how many were cancelled for Guy Innes?
From a 40,000 RSU award granted on March 17, 2025, performance conditions were met for 12,000 RSUs. The rights to the remaining 28,000 RSUs did not vest and were cancelled on June 30, 2025 and January 22, 2026.
What is the vesting schedule for Guy Innes’s 12,000 VolitionRx RSUs?
The 12,000 RSUs that met performance goals are subject to a further 3-year time-based schedule, vesting in three equal installments of 4,000 units on each of March 17, 2026, 2027 and 2028.
How many VolitionRx shares does Guy Innes directly own after this Form 4?
After the reported transaction, Guy Innes directly holds 1,074,967 shares of VolitionRx common stock, as disclosed in the filing.
What indirect VolitionRx shareholdings are associated with Guy Innes?
Indirect holdings include 1,400,000 shares of common stock held by The Innes Family Bare Trust 2023 and 356,000 shares held by The Dill Faulkes Educational Trust Limited, a UK charity where he serves as director and trustee.
Does Guy Innes claim full beneficial ownership of VolitionRx shares held by The Dill Faulkes Educational Trust Limited?
No. For shares held by The Dill Faulkes Educational Trust Limited, the filing states that he disclaims beneficial ownership except to the extent of his pecuniary interest.