Cappello Joseph 4
4 · GENELUX Corp · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
GENELUX (GNLX) CTO Joseph Cappello Sells 605 Shares
What Happened
Joseph Cappello, Chief Technical Officer of GENELUX Corp (GNLX), sold 605 shares on May 11, 2026, for total proceeds of approximately $1,799. The sale was reported as a disposition (code S) and was done to cover estimated taxes associated with the vesting of restricted stock units.
Key Details
- Transaction date: 2026-05-11; Form 4 filed 2026-05-12 (timely filing).
- Shares sold: 605; reported total proceeds ≈ $1,799.
- Price details: weighted average sale price $2.9742; price range $2.96–$3.01 (issuer can provide full breakdown on request).
- Reason/footnote: F1 — sale to cover estimated taxes due on RSU vesting. F2 — price breakdown and weighted average explained.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Transaction type: Sale (routine tax-withholding disposition), not a 10% owner or option exercise.
Context
Sales to cover tax withholding after RSU vesting are common and typically routine administrative transactions; they do not necessarily signal the insider’s view of the company’s prospects. Purchases tend to be more informative about insider confidence.
Insider Transaction Report
Form 4
GENELUX CorpGNLX
Cappello Joseph
Chief Technical Officer
Transactions
- Sale
Common Stock
[F1][F2]2026-05-11$2.97/sh−605$1,799→ 154,549 total
Footnotes (2)
- [F1]Represents shares sold by the Reporting Person to cover estimated taxes to be paid by the Reporting Person in connection with the vesting of restricted stock units.
- [F2]The weighted average sale price for the transaction reported was $2.9742, and the range of prices were between $2.96 and $3.01. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.
Signature
/s/ Thomas Zindrick, J.D., Attorney-in-Fact|2026-05-12