Form 4: VolitionRx GC Nicholas Plummer Reports Tax Withholding Transaction
SEC Form 4 Filing
Nicholas Plummer, GC of Volition Diagnostics, reports the withholding of 1,497 common stock shares to cover tax obligations related to restricted stock units.
Summary
- On September 28, 2024, Nicholas Plummer, General Counsel of Volition Diagnostics, had 1,497 shares of VolitionRx Ltd (VNRX) common stock withheld to cover tax obligations.
- The shares were withheld by VolitionRx for cancellation to satisfy tax withholding obligations upon settlement of 15,525 restricted stock units.
- The price per share was $0.578.
- Following the transaction, Plummer directly owns 161,764 shares of VolitionRx Ltd.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, transact in their company's stock. This filing indicates a tax obligation settlement related to restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/28/2024 | Date of the transaction where shares were withheld for tax obligations. |
| 10/01/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.