Form 4: VolitionRx Secretary Rodney Gerard Rootsaert Reports Tax Withholding Transaction
SEC Form 4 Filing
Rodney Gerard Rootsaert, Secretary of VolitionRx, reports the withholding of 4,158 common stock shares to cover tax obligations upon settlement of restricted stock units.
Summary
- On September 28, 2024, Rodney Gerard Rootsaert, Secretary of VolitionRx Ltd, engaged in a transaction where 4,158 shares of common stock were withheld by VolitionRx to satisfy tax obligations.
- The shares were withheld at a price of $0.578 per share.
- Rootsaert directly owns 132,436 shares of VolitionRx common stock following the transaction.
- 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 regarding tax withholding, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations of an officer.
Key Dates
| Date | Description |
|---|---|
| 09/28/2024 | Date of 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.