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4Accepted Mar 26, 5:00 PM ET

GENELUX (GNLX) SVP Yu Yong Sells 906 Shares

GNLXGENELUX Corp

Accepted (ET)

5:00 PM

Mar 26, 2026

Filed

Mar 26, 2026

Documents

1

Size

5.2 KB

Summary

GENELUX (GNLX) SVP Yu Yong Sells 906 Shares

Updated

What Happened
Yu Yong, Senior Vice President, Clinical Development at GENELUX (GNLX), disposed of 906 shares on 2026-03-24 in an open market/private sale at $2.42 per share for total proceeds of $2,193. According to the filing footnote, the shares were sold to cover the Reporting Person’s estimated tax obligations arising from the vesting of restricted stock units (RSUs). This is a sale (routine tax-withholding), not a purchase.

Key Details

  • Transaction date and price: 2026-03-24 — 906 shares at $2.42 each.
  • Total proceeds: $2,193.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: F1 — Shares sold to cover estimated taxes related to RSU vesting (tax withholding).
  • Filing date: Form 4 filed 2026-03-26 for the 2026-03-24 transaction (filed within the typical 2-business-day window).

Context
Sales to cover taxes on vested RSUs are common and are generally considered routine administrative transactions rather than directional bets on the company. The dollar amount here ($2.2K) is small relative to typical insider trades, and the filing does not indicate any new purchases, option exercises, or changes in control.

AI-written summary · check the filing