Vogenx (VOGX) CFO Steven Delmar Converts Note into 4,273 Shares

What Happened
Steven R. Delmar, Chief Financial Officer of Vogenx, converted a convertible promissory note into 4,273 shares of Vogenx common stock on August 13, 2026. The conversion price was $11.70 per share, yielding a total value of approximately $49,994. This transaction is an acquisition of shares (debt converted into equity), not a sale.

Key Details

• Transaction date: 2026-08-13. Filing date: 2026-08-13 (same day as transaction).
• Transaction type: Conversion of derivative security (automatic conversion of a convertible promissory note).
• Shares acquired: 4,273 common shares at $11.70 per share; total value reported $49,994.
• Shares owned after transaction: Not reported in the Form 4 filing.
• Notable footnote: The note converted automatically at the IPO closing. The conversion price ($11.70) equals 90% of the IPO per-share price (i.e., a 10% discount to the IPO price).
• No indication in the filing of a Rule 10b5-1 plan, tax withholding sale, or late filing.

Context
This was a debt-to-equity conversion tied to Vogenx’s IPO closing (automatic conversion at the stated conversion price). Conversions like this increase insider shareholdings without an open-market purchase; they do not by themselves indicate the insider is buying additional shares on the open market or selling shares.