RenovoRx (RNXT) CFO Mark Voll Receives 80,000 RSU Award

What Happened

• Mark Voll, Chief Financial Officer of RenovoRx, was granted 80,000 restricted stock units (RSUs) on 2026-09-10. The Form 4 reports an acquisition price of $0.00 because this is a service-based equity award rather than a cash purchase. According to the filing footnote, the RSUs were granted for future service as CFO and will vest monthly; their value will be determined based on the closing price on the last trading day of each month in which services are performed.

Key Details

• Transaction date: 2026-09-10. Transaction code: A (award/grant).
• Amount: 80,000 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: not specified on the Form 4.
• Filing date / timeliness: Form 4 filed 2026-09-15 (filed 5 days after the transaction) — this appears to be a late filing under Section 16 reporting rules.
• Footnote: RSUs subject to monthly vesting and valued based on month-end closing prices (see footnote F1).

Context

• RSUs are stock awards that convert to actual shares as they vest; they are commonly used for executive compensation and do not represent an immediate open-market purchase or sale.
• Awards like this are routine compensation and don't, by themselves, signal insider buying or selling intent. Late filings reduce transparency and are noted by investors, though they do not by themselves indicate wrongdoing.