VolitionRx (VNRX) CFO records 49,200-share RSU vesting and cancellations
Rhea-AI Filing Summary
VolitionRx Ltd.'s Chief Financial Officer, Terig Hughes, reported an acquisition of 49,200 shares of common stock on January 22, 2026, at a price of $0 per share. This reflects the vesting of part of a prior award of 164,000 restricted stock units (RSUs) granted on March 17, 2025 under the company’s 2024 Stock Incentive Plan.
Certain corporate performance goals were achieved, causing rights with respect to 49,200 RSUs to vest. These RSUs are subject to a three-year time-based vesting schedule in equal installments of 16,400 units on each of March 17, 2026, 2027 and 2028, after which shares are delivered upon settlement. Rights relating to the remaining 114,800 RSUs from the original grant did not vest and were cancelled on June 30, 2025 and January 22, 2026.
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FAQ
What insider transaction did VNRX disclose for its CFO?
VolitionRx Ltd. reported that its Chief Financial Officer, Terig Hughes, acquired 49,200 shares of common stock on January 22, 2026 at $0 per share, reflecting the vesting of restricted stock units.
How many RSUs were originally granted to the VNRX CFO and when?
On March 17, 2025, the CFO was awarded 164,000 restricted stock units (RSUs) under VolitionRx Ltd.'s 2024 Stock Incentive Plan.
What performance conditions applied to the VNRX CFO’s RSUs?
The 164,000 RSUs were subject to achieving corporate performance goals on or prior to June 30, 2025 and December 31, 2025, in addition to time-based vesting conditions.
How many of the VNRX CFO’s RSUs actually vested?
Performance goals were met for a portion of the award, resulting in rights with respect to 49,200 RSUs vesting, while rights to the remaining 114,800 RSUs did not vest and were cancelled.
What is the vesting schedule for the vested RSUs at VolitionRx?
The 49,200 vested RSUs are subject to a 3-year time-based schedule, vesting in three equal installments of 16,400 units on each of March 17, 2026, 2027 and 2028.
When will the VNRX CFO receive shares from the RSUs?
Upon vesting and settlement of each installment, the CFO will receive a number of shares of common stock equal to the number of RSUs that have vested at that time.
How many VNRX shares does the CFO beneficially own after this transaction?
Following the reported acquisition, the CFO beneficially owns 482,970 shares of VolitionRx Ltd. common stock in direct form.