VolitionRx (VNRX) grants CSO 149,000 RSUs instead of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VolitionRx chief scientific officer Jacob Vincent Micallef acquired an award of 149,000 restricted stock units on February 26, 2026 under the 2024 Stock Incentive Plan in lieu of cash compensation. The RSUs are earned in roughly equal monthly installments from March 1, 2026 and remain subject to additional time-based vesting on February 26, 2027, conditioned on continued service. The filing also notes indirect holdings of 55,000 common shares by his spouse and 38,113 common shares held by Borlaug Limited, which he controls.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Micallef Jacob Vincent
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 149,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 577,489 shares (Direct);
Common Stock — 55,000 shares (Indirect, By Spouse)
Footnotes (1)
- On February 26, 2026, the reporting person was awarded 149,000 restricted stock units ("RSUs") under the Issuer's 2024 Stock Incentive Plan in lieu of cash compensation that would otherwise have been owed to the reporting person. The RSUs will be earned in twelve approximately equal monthly installments commencing on March 1, 2026. Once earned, they will remain subject to additional time-based vesting in a single installment on February 26, 2027, and are generally subject to continued service by the reporting person throughout each applicable earning and vesting date. Upon vesting and settlement, the reporting person will receive a number of shares of common stock equal to the number of RSUs that have been earned and vested as of the vesting date. 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.