Micallef Jacob Vincent 4
4 · VOLITIONRX LTD · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
VolitionRx CSO Jacob Micallef Withholds 5,310 Shares for Taxes
What Happened
Micallef Jacob Vincent (Chief Scientific Officer) had 5,310 shares of VolitionRx (VNRX) retained/cancelled by the company to satisfy tax withholding obligations upon settlement of 11,800 restricted stock units (RSUs). The withholding was recorded at $0.19 per share, totaling roughly $1,009. This was a tax-withholding/cashless-cancellation transaction (code F), not an open-market sale by the insider.
Key Details
- Transaction date: 2026-03-17; Filing date: 2026-03-19 (filed within the typical 2-business-day window).
- Price used for withholding: $0.19 per share.
- Shares withheld/cancelled: 5,310; value ≈ $1,009.
- Trigger: Settlement of 11,800 RSUs (per footnote). No shares were sold by the reporting person or by VolitionRx in the transaction.
- Ownership note: Some common stock is held directly by Borlaug Limited; Micallef is a controlling director of Borlaug Limited and has voting/dispositive control over those shares (per footnote).
- Transaction code: F (payment of exercise price or tax liability / withholding).
Context
This is a routine tax-withholding action related to RSU settlement (a form of equity compensation). Because shares were withheld/cancelled to cover taxes rather than sold on the open market, this action does not directly signal a buy or sell decision by the insider.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-17$0.19/sh−5,310$1,009→ 572,179 total
- 55,000(indirect: By Spouse)
Common Stock
- 38,113(indirect: By Borlaug Limited)
Common Stock
[F2]
Footnotes (2)
- [F1]Represents the aggregate number of shares of common stock retained by VolitionRx for cancellation to satisfy the tax withholding obligations of the reporting person upon settlement of 11,800 restricted stock units. No shares were sold by the reporting person or VolitionRx in such transaction.
- [F2]The shares of common stock are held directly by Borlaug Limited. The reporting person is a controlling director of Borlaug Limited and has voting and dispositive control over the shares of common stock held by Borlaug Limited.