[Form 4] FG Nexus Inc. Insider Trading Activity

Rhea-AI Filing Summary

FG Nexus Inc. (FGNX) reporting person Larry G. Swets, Jr., Head of Merchant Banking, purchased 361 shares of the company's common stock on 09/26/2025 at a price of $5.85 per share under the company's Employee Share Purchase Plan. Following the purchase, Mr. Swets beneficially owned 25,282 shares. The filing notes a 1-for-25 reverse stock split of Fundamental Global Inc., effective October 31, 2024. The Form 4 is signed by Mr. Swets on 10/02/2025.

Positive

• Insider purchase: Larry G. Swets, Jr. acquired 361 shares, signaling officer participation in equity
• Plan-based acquisition: Shares were purchased under the Employee Share Purchase Plan, indicating routine compensation/benefit activity

Negative

• None.

Insights

Corporate Governance Expert

Officer purchase shows insider participation but is modest in size.

The filing documents an insider buy by a senior officer, which demonstrates participation in the company's equity by management. The purchase of 361 shares at $5.85 is a direct acquisition under the Employee Share Purchase Plan and increases the officer's stake to 25,282 shares as reported.

Because the reported purchase size is small relative to typical institutional holdings, the transaction is informative about personal participation but not material on its own.

Equity Compensation Expert

Transaction was executed through an Employee Share Purchase Plan, not open-market trading.

The Form 4 explicitly states the shares were purchased under the Employee Share Purchase Plan, indicating this was a plan-scheduled acquisition rather than discretionary market timing by the officer. That distinction matters for interpreting insider intent and compliance with Section 16 reporting.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SWETS LARRY G JR

(Last) (First) (Middle)

C/O FUNDAMENTAL GLOBAL INC.

108 GATEWAY BLVD., SUITE 204

(Street)

MOORESVILLE NC 28117

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FG Nexus Inc. [ FGNX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head of Merchant Banking

3. Date of Earliest Transaction (Month/Day/Year)
09/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/26/2025		A		361(1)	A	$5.85	25,282(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares purchased under Employee Share Purchase Plan.

2. Effective October 31, 2024, Fundamental Global Inc went through one for twenty-five reverse split of its outstanding common shares.

	/s/ Larry G. Swets, Jr.	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for FGNX?

The Form 4 was filed by Larry G. Swets, Jr., Head of Merchant Banking, and signed on 10/02/2025.

What transaction is reported on the FGNX Form 4 dated 09/26/2025?

The report shows a purchase of 361 shares of FGNX common stock at $5.85 per share on 09/26/2025 under the Employee Share Purchase Plan.

How many FGNX shares does the reporting person own after the transaction?

After the reported purchase, the filing states the reporting person beneficially owned 25,282 shares.

Was there a corporate action affecting share counts disclosed in the filing?

Yes. The filing notes a 1-for-25 reverse split of Fundamental Global Inc.'s common shares effective October 31, 2024.

Was the purchase an open-market transaction or plan-based?

The filing explicitly states the shares were purchased under the company's Employee Share Purchase Plan, i.e., plan-based.