Kendall Larsen - 24 Nov 2025 Form 4 Insider Report for VirnetX Holding Corp (VHC)

Role: President & CEO, Director, 10%+ Owner
Signature: /s/ Kendall Larsen
Issuer symbol: VHC
Transactions as of: 24 Nov 2025
Net transactions value: $0
Form type: 4
Filing time: 26 Nov 2025, 16:05:31 UTC
Previous filing: 14 Nov 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Larsen Kendall	President & CEO, Director, 10%+ Owner	C/O 308 DORLA COURT, ZEPHYR COVE	/s/ Kendall Larsen	26 Nov 2025	0001404771

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VHC	Stock Option (Right to Buy)	Award	$0	+50,000		$0.000000	50,000	24 Nov 2025	Common Stock	50,000	$20.22	Direct	F1
transaction	VHC	Stock Option (Right to Buy)	Award	$0	+30,000		$0.000000	30,000	24 Nov 2025	Common Stock	30,000	$20.22	By Spouse	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	1/4 of the total number of Shares subject to the Option shall vest and become exercisable on the one-year anniversary of the grant date, and 1/4 of the total number of Shares subject to the Option shall vest and become exercisable on each annual anniversary thereafter, so long as the individual's continuous status as a Service Provider (as defined in the Amended and Restated 2013 Equity Incentive Plan (the "Plan")) has not terminated prior to each such date. If a Change in Control (as defined in the Plan) occurs, all of the Shares underlying this Option then unvested as of the date of the Change in Control, will vest and become exercisable immediately prior to the consummation of the Change in Control transaction.

Content

1/4 of the total number of Shares subject to the Option shall vest and become exercisable on the one-year anniversary of the grant date, and 1/4 of the total number of Shares subject to the Option shall vest and become exercisable on each annual anniversary thereafter, so long as the individual's continuous status as a Service Provider (as defined in the Amended and Restated 2013 Equity Incentive Plan (the "Plan")) has not terminated prior to each such date. If a Change in Control (as defined in the Plan) occurs, all of the Shares underlying this Option then unvested as of the date of the Change in Control, will vest and become exercisable immediately prior to the consummation of the Change in Control transaction.