Smalling Ralph 4

What Happened
Ralph Smalling, Head of Regulatory at GENELUX (GNLX), sold 270 shares on 2026-05-11 in an open-market/private sale, generating roughly $804 in proceeds. The weighted average sale price was $2.9796 (range $2.97–$2.98). This sale was reported on Form 4 filed 2026-05-12.

Key Details

• Transaction date: 2026-05-11; filing date: 2026-05-12 (appears timely).
• Shares sold: 270; weighted average price: $2.9796; price range: $2.97–$2.98; gross proceeds ≈ $804.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnote F1: Sale was to cover estimated taxes related to the vesting of restricted stock units (tax-withholding).
• Footnote F2: Confirms the weighted average and price range; full per-price breakdown available upon request.

Context
Sales to cover tax withholding for vested RSUs are common and typically administrative (not necessarily a signal of a change in insider sentiment). This transaction was a disposal (S) tied to tax obligations rather than a new investment decision.