[Form 4] FG Nexus Inc. Insider Trading Activity

Rhea-AI Filing Summary

FG Nexus Inc. (FGNX) insider Larry G. Swets, Jr., Head of Merchant Banking, reported an open-market purchase of company common stock under the Employee Share Purchase Plan. The Form 4 shows an acquisition of 289 shares on 08/18/2025 at a reported price of $7.309 per share. After the reported transaction, the filing lists 24,921 shares beneficially owned by the reporting person. The filing also notes that Fundamental Global Inc. completed a one-for-twenty-five reverse split effective October 31, 2024, which affects share counts reported. The form is individually filed and signed by the reporting person on 09/16/2025.

Positive

• Insider purchase reported: 289 shares acquired under the Employee Share Purchase Plan on 08/18/2025 at $7.309 per share
• Clear disclosure of reporting person's role (Head of Merchant Banking) and individual filing with signature

Negative

• Reverse split noted: Fundamental Global Inc. completed a one-for-twenty-five reverse split effective 10/31/2024, which reduces share counts and can complicate historical comparisons

Insights

Securities Analyst

TL;DR: Insider purchased a small number of shares under the ESPP; ownership shown after reverse split is 24,921 shares.

The Form 4 discloses a purchase of 289 common shares at $7.309 under the Employee Share Purchase Plan on 08/18/2025 by Larry G. Swets, Jr., an officer and Head of Merchant Banking. The filing is individual and shows 24,921 shares beneficially owned following the transaction. The document also records a prior one-for-twenty-five reverse split effective 10/31/2024, which explains the presented share totals. From an investor-materiality perspective, the transaction size is modest relative to typical insider holdings and is likely not material to valuation, but it does signal continued insider participation in the equity via the company ESPP.

Corporate Governance Expert

TL;DR: Routine disclosure of ESPP purchase by an officer; filing appears complete and properly signed.

The Form 4 meets Section 16 reporting requirements for an individual officer. It specifies relationship to the issuer, transaction details, price, and post-transaction beneficial ownership, and includes the required signature dated 09/16/2025. The reverse split disclosure clarifies share counts. No amendments or corrective statements are indicated. This is a routine compliance filing without evidence of undisclosed or complex arrangements.

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)
09/12/2025

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	08/18/2025		A		289(1)	A	$7.309	24,921(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.	09/16/2025
	** 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).
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