VOLITIONRX LTD·4

Mar 19, 4:30 PM ET

Rootsaert Rodney Gerard 4

Research Summary

AI-generated summary

Updated

VolitionRx (VNRX) Secretary Rodney Rootsaert Has Shares Withheld for Taxes

What Happened

  • Rodney Gerard Rootsaert, Secretary of VolitionRx Ltd. (VNRX), had 3,948 shares of common stock disposed on March 17, 2026 as a payment of tax liability (Form 4 code F). The shares were recorded at $0.19 each, totaling about $750. The transaction was to satisfy tax withholding upon settlement of 9,400 restricted stock units (RSUs).

  • According to the filing footnote, the 3,948 shares were retained by VolitionRx for cancellation to meet withholding obligations; no shares were sold by the reporting person or by the company.

Key Details

  • Transaction date: 2026-03-17; filing date (Form 4): 2026-03-19 (filed within the normal 2‑business‑day window).
  • Transaction type/code: Payment of tax liability / withholding (code F).
  • Quantity and price: 3,948 shares at $0.19 per share; reported value ≈ $750.
  • Reason: Withholding to satisfy taxes on settlement of 9,400 RSUs (footnote F1).
  • Ownership note: Shares are held directly by Concord International, Inc.; Rootsaert is a controlling director and shares voting/dispositive control over those shares (footnote F2).
  • Shares owned after transaction: Not specified in the provided summary.

Context

  • This is a routine tax‑withholding (cashless) action tied to RSU settlement, not an open‑market sale, and therefore should not be read as an active sell signal. The filing appears timely and factual; it does not reveal the reporting person's intent beyond satisfying tax obligations.