VNRX CCO Forterre Sells 284 Shares to Cover Taxes

What Happened

• Forterre Gael, Chief Commercial Officer of VolitionRx Ltd (VNRX), had 284 shares of common stock withheld by the company on 2026-09-28 to satisfy tax withholding related to the settlement of 687 restricted stock units (RSUs). The reported price was $0.25 per share, totaling approximately $72. The filing notes that no shares were sold by the reporting person or by VolitionRx in the transaction.

Key Details

• Transaction date and price: 2026-09-28 — 284 shares at $0.25 each (total ≈ $72).
• Reason/code: F — payment of exercise price or tax liability via share withholding (cancellation) upon RSU settlement.
• RSUs settled: 687 restricted stock units (284 shares retained to cover taxes).
• Shares owned after transaction: not specified in the filing.
• Filing date: 2026-09-30 (covers the 9/28 transaction); no indication in the filing that this was late.
• Footnote highlights:
  • F1: Shares were retained/cancelled by VolitionRx to meet tax withholding; no open-market sale occurred.
  • F2: Some shares are managed by Armorica Partners, LLC (Mr. Forterre is managing director and sole shareholder of Armorica); he disclaims beneficial ownership of those shares except for his pecuniary interest.

Context

• This was a routine tax-withholding action tied to RSU settlement (a common reason for “disposed” entries on Form 4). It does not reflect an open-market sale by the insider and should be read as administrative (tax-related) rather than a directional trade signal.