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Director Wollney receives RSU grants at FG Nexus (FGNX)

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

Rhea-AI Filing Summary

FG Nexus Inc. director Scott D. Wollney reported receiving equity compensation in the form of restricted stock units (RSUs). He was granted 2,259 RSUs as director fee payment in lieu of cash, which vested immediately, and 10,373 RSUs as additional director compensation.

The 10,373 RSUs vest in five equal annual installments starting on the first anniversary of the April 8, 2026 grant date, subject to continued service. Each RSU converts into one share of common stock. Following these awards, he directly holds 15,971 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Wollney Scott D
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,259 $0.00 --
Grant/Award Common Stock 10,373 $0.00 --
Holdings After Transaction: Common Stock — 5,598 shares (Direct)
Footnotes (1)
  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. Represents RSUs granted 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. Includes 10,373 unvested RSUs granted on April 8, 2026 under the 2021 Equity Incentive Plan as director compensation.
RSUs in lieu of cash fees 2,259 RSUs Director fee payment under 2021 Equity Incentive Plan; vested on grant
Director compensation RSUs 10,373 RSUs Granted April 8, 2026; vest in five equal annual installments
Total RSUs granted 12,632 RSUs Sum of two RSU awards reported for April 8, 2026
Shares held after awards 15,971 shares Common stock directly owned after 10,373-unit grant
Vesting period 5 years 10,373 RSUs vest in five annual equal installments
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the 2021 Equity Incentive Plan as director fee payment"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Equity Incentive Plan financial
"Granted under the 2021 Equity Incentive Plan as director fee payment in lieu of cash"
director fee payment in lieu of cash financial
"RSUs granted under the 2021 Equity Incentive Plan as director fee payment in lieu of cash"
restricted stock units financial
"Represents RSUs granted under the 2021 Equity Incentive Plan as director compensation"
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.
contingent right to receive one share financial
"Each RSU represents a contingent right to receive one share of common stock of the Company"
Form 4 Insider Transactions: What Each Field Means →
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*
Wollney Scott D
(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)
04/08/2026		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 Stock04/08/2026A2,259(1)A$05,598D
Common Stock04/08/2026A10,373(2)A$015,971(3)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. Represents RSUs granted 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.
3. Includes 10,373 unvested RSUs granted on April 8, 2026 under the 2021 Equity Incentive Plan as director compensation.
/s/ Scott D. Wollney04/09/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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

FG Nexus reported that director Scott D. Wollney received stock-based compensation. He was granted 2,259 restricted stock units in lieu of cash fees and 10,373 additional RSUs as director compensation, all under the company’s 2021 Equity Incentive Plan.

How many restricted stock units did the FG Nexus (FGNX) director receive?

The director received a total of 12,632 RSUs. This includes 2,259 RSUs granted as director fee payment in lieu of cash and 10,373 RSUs granted as ongoing director compensation, all under the 2021 Equity Incentive Plan.

What is the vesting schedule for the new FG Nexus (FGNX) RSU grant?

Of the RSUs granted, 2,259 vested in full on the grant date. The remaining 10,373 RSUs vest in five equal annual installments, beginning on the first anniversary of the April 8, 2026 grant date, contingent on continued service.

Were the FG Nexus (FGNX) RSU grants open-market stock purchases?

No, these RSU grants were not open-market purchases. They are stock-based compensation awards under the 2021 Equity Incentive Plan, issued as director fee payment in lieu of cash and as additional director compensation, with specified vesting terms.

How many FG Nexus (FGNX) shares does the director hold after these RSU awards?

After the reported RSU awards, Scott D. Wollney directly holds 15,971 shares of FG Nexus common stock. This total reflects the updated ownership figure reported following the larger 10,373-unit RSU grant on April 8, 2026.

What does each FG Nexus (FGNX) RSU represent for the director?

Each FG Nexus RSU represents a contingent right to receive one share of common stock. Once vested, these RSUs convert into common shares, providing the director with equity-based compensation aligned with the company’s performance and long-term value.