Form 4: VolitionRx Secretary Rodney Gerard Rootsaert Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Rodney Gerard Rootsaert, Secretary of VolitionRx, reports the withholding of 5,453 common stock shares to cover tax obligations related to restricted stock units.
Summary
- On May 1, 2025, Rodney Gerard Rootsaert, Secretary of VolitionRx, reported changes in beneficial ownership of the company's stock.
- A total of 5,453 shares of common stock were withheld by VolitionRx to satisfy tax obligations related to the settlement of 12,984 restricted stock units awarded to Rootsaert in lieu of cash compensation.
- The price per share for the transaction was $0.4875.
- Following the transaction, Rootsaert directly owns 137,573 shares of common stock.
- Rootsaert also indirectly owns 1,007,718 shares through Concord International, Inc., where he is a controlling director.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction related to stock-based compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions and holdings.
Stakeholder Impact
- The transaction has a minor impact on the total number of outstanding shares, potentially affecting shareholders slightly.
- Employees receiving stock-based compensation are affected by the tax implications and withholding procedures.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction (stock withholding for tax obligations). |
| 05/05/2025 | Date of report signature. |
Keywords
beneficial ownership, Form 4, VolitionRx, VNRX, Rodney Gerard Rootsaert, restricted stock units, tax withholding, Concord International, Inc., common stock
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.