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FG Nexus (FGNX) grants 1,806 RSUs to director as fee in stock

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. 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.
  2. 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.
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
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.

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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.

How many FG Nexus (FGNX) shares does the director hold after the 1,806 RSU award?

After the award, the director holds 17,400 shares directly. His reported position also includes 10,373 unvested RSUs from an April 8, 2026 grant, which are separate from the newly granted 1,806 RSUs and remain subject to future vesting conditions.

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.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Govignon Richard Edward JR

(Last)(First)(Middle)
C/O FG NEXUS INC
6408 BANNINGTON RD

(Street)
CHARLOTTE NORTH CAROLINA 28226

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FG Nexus Inc. [ FGNX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/10/2026A1,806(1)A$017,400(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
/s/ Richard E Govignon07/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)