FG Nexus (FGNX) director receives 4,480 fully vested RSUs as fee compensation
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wollney Scott D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,480 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,697 shares (Direct)
Footnotes (1)
- [object Object]
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.
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.