Feiner Gary 4

What Happened
Director Gary Feiner received a grant of 7,500 restricted shares of VirnetX Holding Corp (VHC) on 2026-06-11. The Form 4 reports the acquisition as an award (transaction code A) at a reported price of $0, so the grant value on the filing is $0 (nominal grant price).

Key Details

• Transaction date: 2026-06-11; Filing date: 2026-06-15 (filed timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 7,500 restricted shares; reported acquisition price: $0.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnote: The shares vest on the earlier of (i) one year after the grant or (ii) the close of business the day prior to the company’s 2027 annual meeting, subject to continued service. If a Change in Control occurs, any unvested shares vest immediately before consummation.
• No indication of tax-withholding sale, 10b5-1 plan, or other special conditions reported.

Context
This is a typical restricted stock award given to an officer or director as compensation; it does not represent an immediate purchase or sale of stock. Vesting conditions mean the shares are subject to forfeiture if service ends before the vesting date (unless a change in control triggers accelerated vesting). Such grants are routine corporate compensation and should be interpreted differently than open-market purchases or sales.