GENELUX (NASDAQ: GNLX) director James L. Tyree receives RSU and option grants
Rhea-AI Filing Summary
GENELUX Corp director James L. Tyree reported equity awards from the company. He received 28,409 shares of common stock in the form of restricted stock units, which each convert into one share of common stock when they vest. After this grant, he directly holds 96,483 shares of common stock.
Tyree was also granted stock options for 31,566 shares of common stock at an exercise price of $3.03 per share, expiring on June 15, 2036. Both the RSUs and the options vest on the earlier of the one-year anniversary of the June 16, 2026 grant date or the company’s next annual meeting of stockholders.
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Insider Trade Summary
Net Buyer: 28,409 shares
Net Buy
2 txns
Insider
Tyree James L
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 shares (Direct);
Common Stock — 96,483 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
RSU grant: 28,409 shares
Common shares held: 96,483 shares
Stock options granted: 31,566 options
+2 more
5 metrics
RSU grant
28,409 shares
Restricted stock units granted June 16, 2026
Common shares held
96,483 shares
Direct common stock holding after transaction
Stock options granted
31,566 options
Stock Option (Right to Buy) grant on common stock
Option exercise price
$3.03 per share
Exercise price for 31,566 stock options
Option expiration
June 15, 2036
Expiration date of granted stock options
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, Stock Option (Right to Buy), annual meeting of stockholders
4 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 (Right to Buy) financial
"Security title listed as Stock Option (Right to Buy)."
annual meeting of stockholders financial
"Vest upon the earlier of the one-year anniversary or the Issuer's next annual meeting of stockholders."
FAQ
What insider transactions did GENELUX Corp (GNLX) report for James L. Tyree?
GENELUX Corp reported that director James L. Tyree received equity awards, including restricted stock units and stock options, as compensation. These awards increase his direct holdings in the company and are structured to vest over time based on service through the next annual meeting.
What restricted stock unit grant did GENELUX (GNLX) give to James L. Tyree?
GENELUX granted James L. Tyree 28,409 restricted stock units under its 2022 Equity Incentive Plan. Each RSU represents the right to receive one share of common stock upon vesting, which occurs on the earlier of one year from grant or the next annual stockholder meeting.
What stock options did GENELUX (GNLX) award to James L. Tyree and at what price?
James L. Tyree received stock options for 31,566 shares of GENELUX common stock at an exercise price of $3.03 per share. These options vest on the earlier of one year from the grant date or the next annual meeting and expire on June 15, 2036.
When do James L. Tyree’s GENELUX (GNLX) RSUs and options vest?
Both the restricted stock units and stock options granted to James L. Tyree vest on the earlier of two dates: the one-year anniversary of the June 16, 2026 grant date or the date of GENELUX’s next annual meeting of stockholders, aligning incentives with board service duration.
Are James L. Tyree’s GENELUX (GNLX) equity awards part of a compensation plan?
Yes. The restricted stock units granted to James L. Tyree were issued under GENELUX’s 2022 Equity Incentive Plan. This plan provides equity-based compensation, such as RSUs and stock options, to align directors’ and executives’ interests with company performance and long-term shareholder value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
