Thomas John 4
4 · GENELUX Corp · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
GENELUX (GNLX) Director Thomas John Receives Equity Award
What Happened
Thomas John, a director of GENELUX Corp (GNLX), received two equity grants on June 16, 2026: 28,409 restricted stock units (RSUs) and 31,566 derivative awards (options/other contingent awards). Both grants were reported as acquired at $0.00, so there was no cash paid at grant; the total notional number of shares involved is 59,975.
Key Details
- Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (appears timely — within the usual 2-business-day window).
- Grant prices: $0.00 for both awards; total reported cash value at grant = $0.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote F1: The 28,409 awards 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.
- Footnote F2: The 31,566 award is a derivative (option-like) award; vesting follows the same earlier-of schedule in F1.
- Transaction type code: A = Award/Grant.
Context
RSUs and derivative awards are compensatory grants to align directors’ interests with shareholders; they are not open-market purchases or sales and do not indicate an immediate cash investment or disposition. The RSUs convert to common stock when they vest; the derivative award will similarly vest into shares according to the stated schedule. These awards become meaningful only if and when they vest (and, for options, if exercised).
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-16+28,409→ 501,193 total - Award
Stock Option (Right to Buy)
[F2]2026-06-16+31,566→ 31,566 totalExercise: $3.03Exp: 2036-06-15→ Common stock (31,566 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2022 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of common stock upon vesting. The RSUs will vest upon the earlier of (a) the one-year anniversary of the date of grant and (b) the date of the Issuer's next annual meeting of stockholders.
- [F2]The shares subject to the option will vest upon the earlier of (a) the one-year anniversary of the date of grant and (b) the date of the Issuer's next annual meeting of stockholders.