FG Nexus (FGNX) grants 1,806 RSUs to director as fee in stock
Rhea-AI Filing Summary
Govignon Richard Edward JR reported acquisition or exercise transactions in this Form 4 filing.
FG Nexus Inc. director Govignon Richard Edward Jr. received a grant of 1,806 restricted stock units (RSUs) on July 10, 2026 as director fee payment in lieu of cash under the 2021 Equity Incentive Plan. All 1,806 RSUs vested on the grant date, with each RSU representing a contingent right to receive one share of common stock. Following this award, he holds 17,400 shares directly. His holdings also include 10,373 unvested RSUs granted on April 8, 2026 that vest in five equal annual installments, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,806 shares
Net Buy
1 txn
Insider
Govignon Richard Edward JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 1,806 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 17,400 shares (Direct)
Footnotes (2)
- 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. Includes 10,373 unvested RSUs granted on April 8, 2026 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.
Key Figures
RSUs Granted: 1,806 RSUs
Shares After Transaction: 17,400 shares
Unvested RSUs From April 8, 2026 Grant: 10,373 RSUs
+1 more
4 metrics
RSUs Granted
1,806 RSUs
Restricted stock units granted on July 10, 2026 as director fee payment in lieu of cash
Shares After Transaction
17,400 shares
Total common stock held directly by the director following the July 10, 2026 grant
Unvested RSUs From April 8, 2026 Grant
10,373 RSUs
Service-based RSUs vesting in five equal annual installments beginning on the first anniversary of the grant date
Vesting Installments
5 annual installments
Schedule over which the 10,373 unvested RSUs from April 8, 2026 will vest, subject to continued service
Key Terms
restricted stock units, 2021 Equity Incentive Plan, director fee payment in lieu of cash, contingent right
4 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") granted under the 2021 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 Equity Incentive Plan financial
"RSUs granted under the 2021 Equity Incentive Plan as director compensation"
director fee payment in lieu of cash financial
"RSUs granted under the 2021 Equity Incentive Plan as director fee payment in lieu of cash"
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FG Nexus (FGNX) report for director Govignon Richard Edward Jr.?
Director Govignon Richard Edward Jr. received a grant of 1,806 RSUs on July 10, 2026. The award was made as director fee payment in lieu of cash, vested in full at grant, and each RSU represents a contingent right to receive one share of FG Nexus common stock.
What are the key terms of the 1,806 RSUs granted by FG Nexus (FGNX)?
The company granted 1,806 RSUs as director fee payment instead of cash, under its 2021 Equity Incentive Plan. All RSUs vested on the grant date, and each unit gives a contingent right to receive one share of FG Nexus common stock upon settlement.
What is the vesting schedule for the 10,373 unvested RSUs at FG Nexus (FGNX)?
The 10,373 unvested RSUs granted on April 8, 2026 vest in five equal annual installments. Vesting begins on the first anniversary of the grant date and is conditioned on the director’s continued service with FG Nexus over the vesting period.
Under which plan were the FG Nexus (FGNX) RSUs to the director granted?
Both the 1,806 RSUs and the 10,373 unvested RSUs were granted under FG Nexus’s 2021 Equity Incentive Plan. The plan is used for director compensation, including fee payments in stock and service-based awards that vest over time.