Groen Eric 4
4 · GENELUX Corp · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
GENELUX (GNLX) General Counsel Eric Groen Receives RSU Award
What Happened
- Eric Groen, General Counsel of GENELUX Corp (ticker: GNLX), was granted 233,957 restricted stock units (RSUs) on June 16, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per unit (total reported value $0 at grant).
- RSUs are compensation awards that convert to shares only upon vesting; this is not an open-market purchase or sale and does not represent an immediate cash investment by the insider.
Key Details
- Transaction date: 2026-06-16; filing date: 2026-06-18.
- Reported amount: 233,957 RSUs; price reported: $0.00; reported value at grant: $0.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: RSUs granted under the Issuer's 2022 Equity Incentive Plan. Each RSU equals the right to one share upon vesting. Vesting: 25% on the first anniversary of the grant, with the remaining 75% vesting in 12 equal quarterly installments thereafter (i.e., roughly a 4-year total vesting schedule).
- No 10b5-1 plan, tax-withholding, or late-filing indication was reported.
Context
- RSU grants are a form of compensation used to retain and align executives with shareholders; they do not indicate an immediate buy or sell decision. The eventual value depends on GENELUX’s future share price at each vesting date.
- For retail investors: this is routine executive compensation disclosure. Because the award vests over multiple years, it ties the executive’s potential upside to the company’s long-term performance rather than signaling a near-term trading intent.
Insider Transaction Report
Form 4
GENELUX CorpGNLX
Groen Eric
General Counsel
Transactions
- Award
Common Stock
[F1]2026-06-16+233,957→ 233,957 total
Footnotes (1)
- [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 25% on the first anniversary of the date of grant, and the remaining shares shall vest in 12 equal quarterly (every 3 months) installments thereafter
Signature
/s/ Eric Groen|2026-06-18