Pulisic Matthew 4
Research Summary
AI-generated summary
GENELUX (GNLX) CFO Matthew Pulisic Receives RSU Award
What Happened
- Matthew Pulisic, Chief Financial Officer of GENELUX Corp (GNLX), received an award of 278,906 restricted stock units (RSUs) reported on Form 4. The grant is recorded at $0.00 per share (typical for RSU grants; no cash was paid). Each RSU represents the contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction type/date: Award/Grant (code A) on 2026-06-16; Form 4 filed 2026-06-18.
- Shares granted: 278,906 RSUs; acquisition price shown as $0.00.
- Shares owned after transaction: Not specified in the filing.
- Vesting: Per footnote, 25% vests on the first anniversary of the grant; remaining 75% vests in 12 equal quarterly installments thereafter (i.e., roughly a 4-year schedule).
- No 10b5-1 plan, tax-withholding, or late-filing notation is indicated in the filing.
Context
- RSUs are compensation awards that convert to actual shares only as they vest; this grant does not represent an immediate open-market purchase or sale. Such awards are generally retention/compensation tools rather than direct signals of near-term insider buying or selling.