FG Nexus director receives new RSU awards
Suh Ndamukong reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Suh Ndamukong reported acquisition or exercise transactions in this Form 4 filing.
FG Nexus Inc. director Suh Ndamukong received stock-based compensation instead of cash fees and for ongoing service. On April 8, 2026, Ndamukong was granted 1,754 restricted stock units (RSUs) as director fee payment in lieu of cash, which fully vested on the grant date.
An additional 10,373 RSUs were granted the same day as director compensation, vesting in five equal annual installments, subject to continued service. Each RSU represents the right to receive one share of FG Nexus common stock, bringing reported holdings to 15,502 shares after these awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,754 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,373 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock units ("RSUs") granted under the 2021 Equity Incentive Plan as director fee payment in lieu of cash. All RSUs vested on grant date. Each RSU represents a contingent right to receive one share of common stock of the Company.
- F2. Represents RSUs granted under the 2021 Equity Incentive Plan as director compensation. RSUs vest in five annual equal instalments, subject to continued service with the Company, beginning on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock of the Company.
- F3. Includes 10,373 unvested RSUs granted on April 8, 2026 under the 2021 Equity Incentive Plan as director compensation.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
2021 Equity Incentive Plan financial
director fee payment in lieu of cash financial
vest in five annual equal instalments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FG Nexus (FGNX) director Suh Ndamukong receive in this Form 4?
How many FG Nexus RSUs vested immediately for the director in this filing?
How do the 10,373 FG Nexus RSUs granted to the director vest over time?
Are the RSUs granted to the FG Nexus director tied to continued service?
Were any open-market purchases or sales reported for FG Nexus stock here?
AI-generated analysis. How Rhea-AI works. Not financial advice.