Form 4: VolitionRx Secretary's Tax Withholding on RSU Settlement

VolitionRx's Secretary, Rodney Gerard Rootsaert, had 3,196 shares withheld by the company to cover tax obligations related to the settlement of restricted stock units.

Summary

• Rodney Gerard Rootsaert, Secretary of VolitionRx Ltd. (VNRX), reported a transaction on February 1, 2026.
• 3,196 shares of common stock were disposed of by VolitionRx at a price of $0.285 per share.
• This disposition was solely to satisfy tax withholding obligations upon the settlement of 7,611 restricted stock units (RSUs) that were awarded in lieu of cash compensation.
• No shares were sold by Rodney Gerard Rootsaert or VolitionRx in this transaction.
• Following the reported transaction, Rodney Gerard Rootsaert directly beneficially owns 162,262 shares of common stock.
• Rodney Gerard Rootsaert indirectly beneficially owns 1,007,718 shares of common stock through Concord International, Inc., where he is a controlling director and shares voting and dispositive control.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, a routine administrative transaction for tax purposes related to executive compensation, with no direct positive or negative implications for the company's operational performance or strategic direction.

Positives

• The transaction was for tax withholding purposes, not a market sale by the insider, indicating no direct intent to reduce personal holdings.
• Restricted stock units were awarded in lieu of cash compensation, which can help conserve company cash resources.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that such tax-related dispositions are a common and routine administrative event for executives receiving equity compensation across various industries, reflecting the standard process for settling restricted stock units.

Comparison to Industry Standards

• The mechanism of withholding shares to cover tax obligations upon restricted stock unit (RSU) settlement is a standard practice in corporate compensation across various industries, aligning with typical equity compensation plans for executives in publicly traded companies.

Stakeholder Impact

• Shareholders: Minimal impact as the transaction is a routine tax withholding event, not a market sale by the insider, and does not reflect a change in the company's operational or financial health.
• Employees: The RSU award in lieu of cash compensation provides equity incentives to the executive.

Key Dates

Keywords

VolitionRx, VNRX, Form 4, insider transaction, restricted stock units, RSU, tax withholding, equity compensation, beneficial ownership