119,000 RSUs granted to VolitionRx (VNRX) secretary in lieu of cash pay
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.