FG Nexus (FGNX) CEO awarded 8,359 RSUs for director fees
Rhea-AI Filing Summary
FG Nexus Inc. CEO and Chairman Kyle Cerminara reported an equity compensation grant and updated holdings. On 02/03/2026 he received 8,359 restricted stock units as director fee payment in lieu of cash at a stated price of $0 per share, bringing his directly held common stock to 161,680 shares.
The filing also lists additional common shares and a warrant position indirectly held through a 401(k) plan, family accounts, Cerminara Capital LLC, FG Financial Holdings LLC, and Fundamental Global Holdings LLC, including a warrant for 225,000 common shares at a $5 exercise price held by Cerminara Capital LLC. A footnote states he may be deemed a beneficial owner of certain entity-held shares but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,359 | $0.00 | -- |
| holding | Common Stock Purchase Warrant | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. FG Financial Holdings LLC ("FGFH") and Fundamental Global Holdings LLC ("FGH") beneficially own in the aggregate 529,965 and 100,000 shares of FG Nexus Common Stock, respectively. Fundamental Global GP LLC ("FGGP"), which is an affiliate of FGFH and FGH, may be deemed to be a beneficial owner of the securities disclosed as directly owned by FGFH and FGH. Due to Mr. Cerminara's position with FGGP and affiliated entities, Mr. Cerminara may be deemed to be beneficial owner of the securities disclosed as directly owned by FGFH and FGH. Mr. Cerminara disclaims beneficial ownership of the shares of FG Common Stock beneficially owned by FGFH, FGH, and FGGP except to the extent of his pecuniary interest therein.
