GENELUX director receives RSU and option awards
GENELUX Corp director John W. Smither reported equity awards consisting of restricted stock units and stock options.
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Form Type
4
Rhea-AI Filing Summary
GENELUX Corp director John W. Smither reported equity awards consisting of restricted stock units and stock options. He received 28,409 shares of Common Stock as a grant, bringing his directly held Common Stock to 103,403 shares following the award.
Smither was also granted stock options covering 31,566 shares of Common Stock at an exercise price of $3.03 per share, expiring on June 15, 2036. Both the restricted stock units and the options vest upon the earlier of the one-year anniversary of the grant date or the company’s next annual meeting of stockholders.
Insider Trade Summary
Grant/Award: 59,975 shares
Grant/Award
2 txns
Insider
Smither John W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 31,566 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 28,409 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 31,566 contracts (Direct);
Common Stock — 103,403 shares (Direct)
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.
Key Figures
RSUs granted: 28,409 shares
Common stock holdings after grant: 103,403 shares
Stock options granted: 31,566 options
+3 more
6 metrics
RSUs granted
28,409 shares
Restricted stock units granted to director on June 16, 2026
Common stock holdings after grant
103,403 shares
Directly held GENELUX Common Stock following RSU award
Stock options granted
31,566 options
Options on Common Stock granted on June 16, 2026
Option exercise price
$3.03 per share
Exercise price for 31,566 stock options
Option expiration
June 15, 2036
Expiration date of newly granted stock options
Vesting trigger
Earlier of 1-year or next annual meeting
Applies to both RSUs and stock options
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, stock option, exercise price, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2022 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2022 Equity Incentive Plan financial
"RSUs granted pursuant to the Issuer's 2022 Equity Incentive Plan."
stock option financial
"The shares subject to the option will vest upon the earlier of (a) the one-year anniversary of the date of grant..."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"conversion_or_exercise_price: "3.0300""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
annual meeting of stockholders financial
"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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GENELUX (GNLX) director John W. Smither report?
John W. Smither reported equity awards, including 28,409 shares of Common Stock and stock options on 31,566 shares. These transactions reflect compensation grants rather than open-market buying or selling of GENELUX stock, and increase his reported equity-based holdings in the company.
What are the terms of John W. Smither’s new GENELUX (GNLX) stock options?
Smither received stock options on 31,566 GENELUX shares with an exercise price of $3.03 per share. These options expire on June 15, 2036 and will vest based on time or the next annual meeting, as detailed in the equity award disclosure.
When do John W. Smither’s GENELUX (GNLX) restricted stock units vest?
The restricted stock units vest upon the earlier of the one-year anniversary of the grant date or GENELUX’s next annual meeting of stockholders. Upon vesting, each RSU converts into one share of Common Stock, subject to the terms of the company’s 2022 Equity Incentive Plan.
Are John W. Smither’s recent GENELUX (GNLX) transactions market purchases or compensation grants?
The reported transactions are compensation-related grants, not market trades. The Form 4 identifies them with code A as a grant or award, covering 28,409 restricted stock units and stock options on 31,566 shares, both under GENELUX’s 2022 Equity Incentive Plan.
What plan governs John W. Smither’s new GENELUX (GNLX) equity awards?
The equity awards were granted under GENELUX’s 2022 Equity Incentive Plan. This plan allows the company to issue restricted stock units and stock options to directors and others, with specific vesting schedules tied to time or corporate events like the annual stockholder meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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