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FG Nexus (FGNX) director receives 4,480 fully vested RSUs as fee compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FG Nexus Inc. director Scott D. Wollney received 4,480 shares of common stock on 02/03/2026 through a restricted stock unit grant under the company’s 2021 Equity Incentive Plan. The award was paid in lieu of cash director fees at a price of $0 per share.

All RSUs vested on the grant date, and each unit converts into one share of common stock. Following this equity compensation transaction, Wollney beneficially owned 16,697 shares of FG Nexus Inc. common stock in direct ownership.

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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
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*
Wollney Scott D

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

(Street)
CHARLOTTE NC 28226

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026
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 02/03/2026 A 4,480(1) A $0 16,697 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 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.
/s/ Scott D. Wollney 02/04/2026
** 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

What insider transaction did FG Nexus Inc. (FGNX) report for Scott D. Wollney?

FG Nexus Inc. reported that director Scott D. Wollney received 4,480 shares of common stock on 02/03/2026. The shares came from vested RSUs granted as director fee payment under the 2021 Equity Incentive Plan, rather than from a cash transaction.

How many FG Nexus Inc. (FGNX) shares does Scott D. Wollney own after this Form 4?

After this transaction, Scott D. Wollney beneficially owned 16,697 shares of FG Nexus Inc. common stock. This reflects the addition of 4,480 shares received via fully vested RSUs granted as director compensation in lieu of cash fees on 02/03/2026.

Was cash paid for the 4,480 FG Nexus Inc. (FGNX) shares reported on this Form 4?

No cash was paid for the 4,480 shares; the price per share was reported as $0. The shares came from restricted stock units granted as director fee payment under the 2021 Equity Incentive Plan, with all RSUs vesting on the grant date.

What are the key terms of the RSU grant to the FG Nexus Inc. (FGNX) director?

The RSU grant to the FG Nexus Inc. director covered 4,480 units as compensation in lieu of cash fees. All restricted stock units vested on the grant date, and each RSU represents a contingent right to receive one share of the company’s common stock.

Is the FG Nexus Inc. (FGNX) Form 4 transaction a purchase or equity compensation?

The Form 4 transaction represents equity compensation, not an open-market purchase. Scott D. Wollney received 4,480 shares via restricted stock units granted as director fee payment, with a reported price of $0 per share and immediate vesting on the grant date.
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