Tax withholding leads VolitionRx (VNRX) to cancel 3,196 shares for secretary
Rhea-AI Filing Summary
VolitionRx Ltd. reported a tax-related share withholding for its Secretary, Rodney Gerard Rootsaert. On February 1, 2026, the company retained and cancelled 3,196 shares of common stock at $0.285 per share to cover tax obligations arising from the settlement of 7,611 restricted stock units that had been granted in lieu of cash compensation. No shares were sold by Rootsaert or by VolitionRx in this transaction. After the withholding, Rootsaert beneficially owns 162,262 shares of common stock directly and 1,007,718 shares indirectly through Concord International, Inc., where he is a controlling director sharing voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,196 | $0.285 | $910.86 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the aggregate number of shares of common stock retained by VolitionRx for cancellation to satisfy the tax withholding obligations of the reporting person upon settlement of 7,611 restricted stock units that were awarded in lieu of cash compensation that would otherwise have been owed to the reporting person. No shares were sold by the reporting person or VolitionRx in such transaction. The shares of common stock are held directly by Concord International, Inc. The reporting person is a controlling director of Concord International, Inc. and shares voting and dispositive control over the shares of common stock held by Concord International, Inc.
FAQ
What insider transaction did VolitionRx (VNRX) report for Rodney Gerard Rootsaert?
VolitionRx reported a tax-related share withholding for Secretary Rodney Gerard Rootsaert. The company retained and cancelled 3,196 common shares to satisfy his tax withholding obligations upon settlement of 7,611 restricted stock units that were granted instead of cash compensation.