VolitionRx (NASDAQ: VNRX) CEO awarded 486,000 RSUs in lieu of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VOLITIONRX LTD President and CEO Cameron John Reynolds reported an equity compensation grant. On February 26, 2026, he was awarded 486,000 restricted stock units (RSUs) under the company’s 2024 Stock Incentive Plan in lieu of cash compensation.
The RSUs will be earned in twelve approximately equal monthly installments starting March 1, 2026, then remain subject to additional time-based vesting in a single installment on February 26, 2027, conditioned on continued service. Once vested and settled, they will convert into an equal number of common shares.
Following this grant, he holds 3,115,547 common shares directly, plus indirect holdings of 1,007,718 shares through Concord International, Inc. and 34,076 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Reynolds Cameron John
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 486,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,115,547 shares (Direct);
Common Stock — 1,007,718 shares (Indirect, By Concord International, Inc.)
Footnotes (1)
- On February 26, 2026, the reporting person was awarded 486,000 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 Concord International, Inc. Mr. Reynolds is the majority shareholder of Concord International, Inc. and shares voting and dispositive control over the shares of common stock held by Concord International, Inc.
FAQ
What did the VolitionRx (VNRX) Form 4 disclose about CEO compensation?
The Form 4 shows VolitionRx CEO Cameron John Reynolds received 486,000 RSUs under the 2024 Stock Incentive Plan in lieu of cash compensation. These stock-based awards align part of his pay with the company’s equity performance and long-term service.
How will the 486,000 RSUs for VolitionRx CEO vest and be earned?
The 486,000 RSUs will be earned in twelve approximately equal monthly installments starting March 1, 2026. After earning, they remain subject to time-based vesting in a single installment on February 26, 2027, requiring Mr. Reynolds to continue serving the company.
When will VolitionRx CEO’s RSUs convert into common stock?
Upon vesting and settlement, the CEO will receive one share of VolitionRx common stock for each RSU earned and vested as of the vesting date. This structure defers actual share delivery until vesting conditions are fully satisfied.
Why were VolitionRx CEO’s RSUs granted in lieu of cash compensation?
The filing states that 486,000 RSUs were awarded in lieu of cash compensation that would otherwise have been owed. This shifts part of the CEO’s pay into equity, tying compensation more closely to VolitionRx’s future stock performance and long-term company outcomes.