FG Nexus Inc. (FGNX) director reports 3,642 RSUs grant for board service
Rhea-AI Filing Summary
FG Nexus Inc. director Scott D. Wollney reported receiving 3,642 restricted stock units on 12/11/2025 as director fee payment in lieu of cash under the company’s 2021 Equity Incentive Plan.
All of these RSUs vested on the grant date, and each unit represents a right to receive one share of the company’s common stock. Following this award, Wollney beneficially owned 12,217 shares of FG Nexus common stock directly.
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FAQ
What insider transaction did FG Nexus Inc. (FGNX) disclose?
Scott D. Wollney, a director of FG Nexus Inc., reported receiving 3,642 restricted stock units on 12/11/2025 as director fee payment in lieu of cash.
How many FG Nexus shares does Scott D. Wollney own after this grant?
After the reported transaction, Scott D. Wollney beneficially owned 12,217 shares of FG Nexus Inc. common stock directly.
What type of equity was granted to the FG Nexus director?
The director received restricted stock units (RSUs), with each RSU representing a contingent right to receive one share of FG Nexus Inc. common stock.
When did the FG Nexus director stock grant occur?
The RSU grant to director Scott D. Wollney occurred on 12/11/2025, which is reported as the transaction date.
Under which plan were the FG Nexus RSUs granted?
The 3,642 restricted stock units were granted under FG Nexus Inc.’s 2021 Equity Incentive Plan as a form of director fee payment.
Did the FG Nexus RSUs vest immediately?
Yes. All of the granted restricted stock units vested on the grant date, according to the disclosure.
Is this FG Nexus transaction a purchase, sale, or award of stock?
The transaction is reported as an acquisition (code "A") of equity, reflecting an award of 3,642 RSUs as compensation rather than an open-market purchase or sale.