FG Nexus (FGNX) director Rita Hayes awarded 1,772 RSUs as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hayes Rita reported acquisition or exercise transactions in this Form 4 filing.
FG Nexus Inc. director Rita Hayes received a grant of 1,772 restricted stock units as director fee payment in lieu of cash on July 10, 2026 under the 2021 Equity Incentive Plan. All RSUs vested on the grant date, bringing her reported holdings to 17,214 shares, which include 10,373 unvested RSUs granted April 8, 2026 that vest in five equal annual instalments.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hayes Rita
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,772 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,214 shares (Direct)
Footnotes (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. 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.
Key Figures
RSU grant: 1,772 shares
Transaction price per share: $0.0000 per share
Shares held after transaction: 17,214 shares
+2 more
5 metrics
RSU grant
1,772 shares
Restricted stock units granted as director fee payment in lieu of cash
Transaction price per share
$0.0000 per share
Compensatory RSU award with no cash consideration paid by the director
Shares held after transaction
17,214 shares
Reported common stock holdings following the RSU grant, including unvested RSUs
Unvested RSUs
10,373 units
Unvested RSUs granted April 8, 2026 under the 2021 Equity Incentive Plan
Vesting schedule
5 annual equal instalments
Unvested RSUs vest in five equal annual instalments beginning on the first anniversary of April 8, 2026
Key Terms
restricted stock units ("RSUs"), 2021 Equity Incentive Plan, director fee payment in lieu of cash, unvested RSUs
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the 2021 Equity Incentive Plan"
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"
unvested RSUs financial
"Includes 10,373 unvested RSUs granted on April 8, 2026 under the 2021 Equity Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FG Nexus Inc. (FGNX) report for Rita Hayes?
Rita Hayes received a grant of 1,772 restricted stock units as director fee payment in lieu of cash under FG Nexus’s 2021 Equity Incentive Plan. The RSUs vested immediately on the grant date and represent common shares of the company.
Was Rita Hayes’s FG Nexus (FGNX) transaction an open-market buy or sale?
No. The filing shows a grant/award acquisition (code A) of 1,772 RSUs at a price of $0.0000 per share. This reflects director compensation rather than an open-market purchase or sale of FG Nexus stock.
What unvested equity does Rita Hayes have in FG Nexus (FGNX)?
Rita Hayes has 10,373 unvested restricted stock units granted on April 8, 2026 under the 2021 Equity Incentive Plan. These RSUs vest in five equal annual instalments, subject to her continued service with the company.
What plan governs Rita Hayes’s RSU awards at FG Nexus (FGNX)?
The RSU awards are granted under FG Nexus’s 2021 Equity Incentive Plan. One grant covers 1,772 RSUs as director fees, and another covers 10,373 unvested RSUs with multi-year vesting tied to continued board service.
Do Rita Hayes’s RSUs at FG Nexus (FGNX) convert into common stock?
Yes. Each of Rita Hayes’s restricted stock units represents a contingent right to receive one share of FG Nexus common stock. Vested RSUs convert into shares, while 10,373 RSUs remain unvested and will vest over five years.