Wollney Scott D reported acquisition or exercise transactions in this Form 4 filing.
FG Nexus Inc. director Wollney Scott D received a grant of 2,200 restricted stock units as director fee payment in lieu of cash on July 10, 2026. These RSUs vested on the grant date, each representing one share of common stock, bringing his directly held common stock and RSUs to 18,171 securities. He also holds 10,373 unvested RSUs granted on April 8, 2026 under the 2021 Equity Incentive Plan, which vest in five equal annual instalments starting on the first anniversary of that grant date, subject to continued service.
Mitchell Michael C reported acquisition or exercise transactions in this Form 4 filing.
FG Nexus Inc. director Michael C. Mitchell reported an equity compensation grant of 1,871 shares of common stock on July 10, 2026, issued as RSUs in lieu of cash director fees that vested immediately. Following the grant he holds 18,390 common shares, 10,373 unvested RSUs, and 13,064 shares of 8.00% Series A cumulative preferred stock.
Suh Ndamukong reported acquisition or exercise transactions in this Form 4 filing.
FG Nexus Inc. director Suh Ndamukong received a grant of 1,708 shares of common stock in the form of restricted stock units under the 2021 Equity Incentive Plan as director fee payment in lieu of cash. All RSUs vested on the grant date, bringing directly held common stock to 17,210 shares and leaving an additional 10,373 unvested RSUs from an April 8, 2026 award that vest in five equal annual installments.
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.
Roschman Robert J reported acquisition or exercise transactions in this Form 4 filing.
FG Nexus Inc. director Robert J. Roschman received a grant of 1,708 restricted stock units representing shares of common stock as director fees in lieu of cash. The RSUs vested on the grant date, bringing his reported holdings to 17,892 shares, which include 10,373 unvested RSUs granted April 8, 2026 that vest in five equal annual instalments beginning on the first anniversary of that grant.
Govignon Richard Edward JR reported acquisition or exercise transactions in this Form 4 filing.
FG Nexus Inc. director Govignon Richard Edward Jr. received a grant of 1,806 restricted stock units (RSUs) on July 10, 2026 as director fee payment in lieu of cash under the 2021 Equity Incentive Plan. All 1,806 RSUs vested on the grant date, with each RSU representing a contingent right to receive one share of common stock. Following this award, he holds 17,400 shares directly. His holdings also include 10,373 unvested RSUs granted on April 8, 2026 that vest in five equal annual installments, subject to continued service.
FG Nexus Inc. is making a major strategic shift by exiting its digital asset business and establishing a new real estate operating subsidiary focused on acquiring land-lease manufactured housing properties. The company plans to reallocate capital from digital assets into cash flow producing real estate and advance a potential combination with FG Communities, Inc.
As part of this transition, Co-Founder and CEO of the Digital Assets Division, Maja Vujinovic, ceased employment and resigned from the Board on June 30, 2026, and will serve as a strategic consultant for six months for $325,000. Under her employment agreement, she will receive $300,000 in cash severance and benefits, a prorated 2026 bonus of $150,000, a warrant to purchase 25,000 common shares at the closing price before issuance, payment for accrued but unused paid time off, and six months of Company-paid COBRA coverage.
FG Nexus Inc. reported changes to executive pay and progress on its share repurchase programs. Effective May 11, 2026, the company reduced the annual base salaries of Jose Vargas and Theodore Rosenthal, leaders of its Digital Assets Division, from $150,000 to $30,000 as part of adjustments to its reduced digital asset operations.
The company also disclosed that, under previously announced repurchase programs through June 5, 2026, it bought approximately 2,984,212 common shares at an average price of $13.62 and 264,465 Series A preferred shares at an average price of $24.97. As of that date, 5,736,419 common shares and 630,105 Series A preferred shares were outstanding, with $36.1 million in cash and digital assets valued at $20.3 million, including 3,375 ETH and 7,569 Wrapped stETH.
FG Nexus Inc. reported initial insider holdings showing that entities associated with Joseph H. Moglia are indirect major shareholders. As of May 7, 2026, Moglia Capital LLC holds 397,500 shares of FG Nexus common stock, with Moglia serving as managing member and having voting and dispositive power over those shares. Moglia Trust 1 holds 203,000 shares and Moglia Trust 2 holds 30,000 shares, with trustee Robert C. Weeks holding voting and dispositive power for both trusts. Moglia and Weeks each disclaim beneficial ownership of the trust-held shares, and Moglia also disclaims beneficial ownership of the LLC-held shares, in each case except to the extent of their pecuniary interest.
Nexus Inc. reported a sharp swing to a crypto-driven loss for the quarter ended March 31, 2026. Revenue was modest at $232 thousand, mainly from rental income and merchant banking advisory fees, while results were dominated by its Ether-based treasury strategy.
The company recorded a $38.6 million net loss, including a $40.3 million loss from continuing operations, driven by a $18.7 million realized loss and a $18.0 million unrealized loss on ETH digital assets. Total assets fell to $95.7 million from $163.8 million as ETH fair value dropped from $119.4 million to $43.5 million and some legacy assets moved to discontinued operations.
Nexus continued reshaping its portfolio, closing the sale of its remaining reinsurance business for cash, collateral release and a 40% stake in Devondale Holdings, and focusing on ETH and wrapped staked ETH, liquid staking and ETH option strategies. It also executed aggressive capital returns, repurchasing about 0.6 million common shares for $8.7 million and 212 thousand Series A preferred shares for $5.3 million, while completing a 1-for-5 reverse stock split and exploring a potential business combination with FG Communities to advance its real-world asset tokenization strategy.