Zindrick Thomas 4

What Happened

• Zindrick Thomas, President and CEO of GENELUX Corp (GNLX), was granted 730,601 restricted stock units (RSUs) on June 16, 2026. The reported price is $0.00, so the Form 4 shows $0 cash paid at grant; the RSUs represent the contingent right to receive one share per RSU upon vesting.

Key Details

• Transaction type: Award/Grant (Code A) on 2026-06-16; Form 4 filed 2026-06-18 (timely filing).
• Amount granted: 730,601 RSUs; reported transaction value: $0.00 at grant.
• Vesting schedule (per footnote): 25% vests on the first anniversary of the grant, then the remaining 75% vests in 12 equal quarterly installments (i.e., the remainder over about 3 years) — total four-year vesting profile.
• Holdings note (footnote): Filing states 1,261 shares were acquired under the company’s Employee Stock Purchase Plan on May 15, 2026 and are included in reported holdings.
• Shares owned after the transaction: Not specified in the summary provided (check the full Form 4 for the “Amount Owned Following Reported Transaction” value).

Context

• RSU awards are a form of executive compensation that convert into shares only upon vesting; they are not an immediate cash purchase or sale. The economic value to the insider depends on GENELUX’s future stock price when the RSUs vest and are settled.
• Such grants are common for executives and do not, by themselves, indicate a buy/sell signal.