Nguyen Kim 4

What Happened
Nguyen Kim, a director of VOLITIONRX LTD (VNRX), was granted 178,000 restricted stock units (RSUs) on February 26, 2026. The RSUs were awarded in lieu of cash compensation and show an acquisition price of $0.00. The award does not represent immediately issued shares—shares will be delivered upon earning and vesting as described below.

Key Details

• Transaction date: 2026-02-26 (reported on Form 4 filed 2026-02-27). Transaction code: A (award/grant).
• Grant amount: 178,000 RSUs; reported acquisition price: $0.00 (awarded in lieu of cash).
• Vesting/earning: RSUs are earned in 12 approximately equal monthly installments starting Feb 1, 2026; once earned they remain subject to additional time-based vesting in a single installment on Feb 26, 2027. Continued service is required for each earn and vest date. (See footnote F1.)
• Shares owned after transaction: Not disclosed in the filing.
• Filing timeliness: Filed the next day (no late-file flag reported).

Context
RSUs are a form of compensation, not an immediate open-market purchase or sale. These units will convert to common shares only after the earning installments and the final vest date, assuming continued service. Because the grant replaces cash pay, the reported $0 acquisition price reflects that no stock purchase occurred at grant; it does not assign market value to the future shares. Such awards are common compensation practices and should be interpreted as compensation-related, not a direct buy or sell signal.