GENELUX Corp·4

Jun 18, 7:05 PM ET

Mirabelli Mary 4

Research Summary

AI-generated summary

Updated

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.