Yu Yong 4

What Happened

• Yu Yong, Chief Scientific Officer of GENELUX Corp (GNLX), sold 605 shares on 2026-05-11. The reported proceeds were $1,798, based on an average sale price of $2.9726 (range $2.95–$3.02).
• The filing indicates the shares were sold to cover estimated taxes due in connection with the vesting of restricted stock units (RSUs), a common tax-withholding transaction rather than a market-timing trade.

Key Details

• Transaction date: 2026-05-11; Form 4 filed: 2026-05-12 (timely filing).
• Price: weighted average $2.9726; price range $2.95–$3.02.
• Shares sold: 605; proceeds reported: $1,798.
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnotes: F1 — sale to cover estimated taxes on RSU vesting (tax withholding). F2 — weighted average sale price and price range; detailed per-price quantities available on request.
• Filing timeliness: Timely (filed one day after the transaction), no late-filing flag.

Context

• Sales to cover tax withholding on vested RSUs are routine and do not necessarily indicate the insider’s view on the company’s prospects. For retail investors, outright purchases or large, repeated insider buys tend to carry more informational weight than isolated tax-related sales.