Form 4: VolitionRx Officer Jacob Vincent Micallef Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Jacob Vincent Micallef, Chief Scientific Officer of VolitionRx Ltd, reports changes in beneficial ownership of company stock due to tax withholding obligations upon settlement of restricted stock units.

Summary

  • On May 1, 2025, Jacob Vincent Micallef, Chief Scientific Officer of VolitionRx Ltd, reported changes in his beneficial ownership of the company's common stock.
  • A total of 18,319 shares were retained by VolitionRx for cancellation to cover tax withholding obligations related to the settlement of 40,709 restricted stock units awarded in lieu of cash compensation.
  • The price per share for the transaction is $0.4875.
  • Following the transaction, Micallef directly owns 376,033 shares of common stock.
  • Micallef also indirectly owns 55,000 shares through his spouse and 38,113 shares through Borlaug Limited, where he is a controlling director.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their potential impact on stock prices.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the cancellation of shares, but it is primarily related to tax obligations of the reporting person.

Key Dates

DateDescription
05/01/2025Date of transaction (stock retained for tax obligations)
05/05/2025Date of signature for the Form 4 filing

Keywords

VolitionRx, VNRX, beneficial ownership, Form 4, Micallef, restricted stock units, tax withholding, common stock

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