VolitionRx (VNRX) chief scientific officer records 35,400-share equity grant
Rhea-AI Filing Summary
VolitionRx Ltd's chief scientific officer, Jacob Vincent Micallef, reported the acquisition of 35,400 shares of common stock on January 22, 2026. These shares relate to restricted stock units granted on March 17, 2025 under the company’s 2024 Stock Incentive Plan, where certain corporate performance goals were achieved, allowing 35,400 RSUs to vest. The RSUs are subject to a three-year time-based schedule, vesting in three equal installments of 11,800 units on March 17, 2026, 2027, and 2028, after which an equal number of common shares will be delivered. Following this award, Micallef beneficially owns 428,489 shares directly, plus 55,000 shares indirectly via his spouse and 38,113 shares indirectly through Borlaug Limited, where he serves as a controlling director with voting and dispositive control.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,400 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- On March 17, 2025, the reporting person was awarded 118,000 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 35,400 RSUs vesting. The RSUs are further subject to a 3-year time-based vesting schedule, vesting in three equal installments of 11,800 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 82,600 RSUs did not vest and were cancelled on June 30, 2025 and January 22, 2026, respectively. The shares of common stock are held directly by Borlaug Limited. The reporting person is a controlling director of Borlaug Limited and has voting and dispositive control over the shares of common stock held by Borlaug Limited.
FAQ
What insider transaction did VolitionRx (VNRX) report for Jacob Vincent Micallef?
VolitionRx reported that Chief Scientific Officer Jacob Vincent Micallef acquired 35,400 shares of common stock on January 22, 2026, tied to the vesting of restricted stock units granted under the company’s 2024 Stock Incentive Plan.
How many VolitionRx RSUs vested for the CSO and on what basis?
Micallef was originally granted 118,000 RSUs on March 17, 2025. Certain corporate performance goals were met, causing 35,400 RSUs to vest, while rights to the remaining 82,600 RSUs were cancelled after performance goals were not achieved by June 30, 2025 and January 22, 2026.
What is the vesting schedule for Jacob Micallef’s 35,400 VolitionRx RSUs?
The 35,400 RSUs are subject to a three-year time-based vesting schedule, vesting in three equal installments of 11,800 units on each of March 17, 2026, March 17, 2027, and March 17, 2028. Upon each vesting and settlement, an equal number of VolitionRx common shares will be issued.
What happened to the unvested portion of Jacob Micallef’s 118,000 VolitionRx RSUs?
Of the original 118,000 RSUs granted on March 17, 2025, rights with respect to 82,600 RSUs did not vest because certain performance goals were not met. These RSUs were cancelled on June 30, 2025 and January 22, 2026.