VolitionRx secretary granted 119,000 RSUs
Rootsaert Rodney Gerard reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rootsaert Rodney Gerard reported acquisition or exercise transactions in this Form 4 filing.
VolitionRx Ltd's secretary, Rodney Gerard Rootsaert, reported an equity compensation grant. He was awarded 119,000 restricted stock units (RSUs) under the 2024 Stock Incentive Plan in lieu of cash compensation. The RSUs are earned in twelve roughly equal monthly installments starting on March 1, 2026.
Once earned, all RSUs are subject to additional time-based vesting in a single installment on February 26, 2027, contingent on his continued service. Following this award, he holds 281,262 shares of common stock directly and has indirect ownership of 1,007,718 shares through Concord International, Inc., where he shares voting and dispositive control.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 119,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. On February 26, 2026, the reporting person was awarded 119,000 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.
- F2. 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
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What equity award did VolitionRx (VNRX) secretary Rodney Rootsaert receive?
How do the 119,000 RSUs for VolitionRx (VNRX) secretary vest?
When will VolitionRx (VNRX) RSUs convert into common stock for Rodney Rootsaert?
Is the VolitionRx (VNRX) equity grant to Rodney Rootsaert a cash transaction?
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