Mirabelli Mary 4
Research Summary
AI-generated summary
GENELUX (GNLX) Director Mary Mirabelli Receives Stock Awards
What Happened
Mary Mirabelli, a director of GENELUX Corp (GNLX), received equity awards on June 16, 2026: 28,409 restricted stock units (RSUs) and 31,566 derivative awards (option-linked units), each recorded at $0.00 cash consideration. These were awards/grants (code A on the Form 4), not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-16; Form 4 filed: 2026-06-18.
- Awards: 28,409 RSUs (acquired at $0.00) and 31,566 derivative/option-linked units (acquired at $0.00).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes:
- F1 — The 28,409 are RSUs; each RSU converts to one share upon vesting. Vesting occurs on the earlier of (a) one year from grant or (b) the issuer’s next annual meeting.
- F2 — The 31,566 derivative awards are subject to vesting on the earlier of (a) one year from grant or (b) the issuer’s next annual meeting.
- Filing timeliness: Form filed two days after the transaction date; no late-filing flag was indicated in the provided data.
Context
These awards are compensation grants that vest in the future and do not represent a cash purchase or an immediate sale of shares. RSUs and option-linked awards typically indicate standard director compensation rather than a direct buy/sell signal; they only convert into tradable shares if and when vesting conditions are met.