Form 4: VolitionRx Officer Rodney Gerard Rootsaert Reports Tax-Related Stock Transaction

Rodney Gerard Rootsaert, Secretary of VolitionRx, reports the retention of shares by the company to cover tax obligations related to restricted stock units.

Summary

• On October 4, 2024, Rodney Gerard Rootsaert, Secretary of VolitionRx Ltd, reported a transaction involving common stock.
• VolitionRx retained 4,620 shares to cover tax withholding obligations related to the settlement of 11,000 restricted stock units.
• The shares were retained at a price of $0.883 per share.
• Following the transaction, Rootsaert directly owns 127,816 shares and indirectly owns 1,007,718 shares through Concord International, Inc.
• Rootsaert 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.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to tax obligations, so the sentiment is neutral.

Industry Context

This is a standard SEC Form 4 filing, which is required when an insider of a publicly traded company makes a transaction in the company's stock. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is related to tax obligations and does not represent a significant change in ownership.

Key Dates