Cappello Joseph 4

What Happened

• Joseph Cappello, Chief Technical Officer of GENELUX Corp (GNLX), was granted 174,841 restricted stock units (RSUs) on June 16, 2026. The award is reported at an acquisition price of $0.00 (no cash paid at grant). RSUs represent the contingent right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18.
• Grant type/code: A (award/grant). Shares granted: 174,841 RSUs. Reported acquisition price: $0.00 (total reported value $0).
• Vesting: 25% vests on the first anniversary of the grant; remaining 75% vests in 12 equal quarterly installments thereafter (i.e., quarterly over the following 3 years).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Filing timeliness: Form 4 was filed two days after the grant date, which is within the typical 2-business-day reporting window.

Context

• RSU grants are a form of compensation and do not represent immediate purchases or sales; they convert to actual shares only as they vest. Such awards can indicate standard executive compensation rather than a direct market signal.