FG Nexus major holders report indirect share stakes
FG Nexus Inc. reported initial insider holdings showing that entities associated with Joseph H. Moglia are indirect major shareholders.
Rhea-AI Filing Summary
FG Nexus Inc. reported initial insider holdings showing that entities associated with Joseph H. Moglia are indirect major shareholders. As of May 7, 2026, Moglia Capital LLC holds 397,500 shares of FG Nexus common stock, with Moglia serving as managing member and having voting and dispositive power over those shares. Moglia Trust 1 holds 203,000 shares and Moglia Trust 2 holds 30,000 shares, with trustee Robert C. Weeks holding voting and dispositive power for both trusts. Moglia and Weeks each disclaim beneficial ownership of the trust-held shares, and Moglia also disclaims beneficial ownership of the LLC-held shares, in each case except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The 397,500 shares of Common Stock, $0.001 par value per share (the "Common Stock") are held by Moglia Capital LLC, a Delaware limited liability company, for which Joseph H. Moglia serves as the managing member and has voting and dispositive power over the shares beneficially owned by Moglia Capital LLC. Mr. Moglia disclaims any beneficial ownership of the securities held by Moglia Capital LLC, except to the extent of his pecuniary interest therein.
- F2. The 203,000 shares of Common Stock are held by Moglia Trust 1 for which Robert C. Weeks is the trustee and has voting and dispositive power over the shares beneficially owned by Moglia Trust 1. Both Mr. Weeks and Mr. Moglia disclaim any beneficial ownership of the shares held by Moglia Trust 1, except to the extent of their pecuniary interest therein.
- F3. The 30,000 shares of Common Stock are held by Moglia Trust 2 for which Robert C. Weeks is the trustee and has voting and dispositive power over the shares beneficially owned by Moglia Trust 2. Both Mr. Weeks and Mr. Moglia disclaim any beneficial ownership of the shares held by Moglia Trust 2, except to the extent of their pecuniary interest therein.
Key Figures
Key Terms
ten percent owner regulatory
indirect ownership financial
beneficial ownership regulatory
voting and dispositive power financial
FAQ
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What FGNX holdings are reported for Moglia Trust 1 and Moglia Trust 2?
Why are Moglia Capital LLC and the trusts treated as ten percent owners of FGNX?
AI-generated analysis. How Rhea-AI works. Not financial advice.