Wollney Scott D 4
Research Summary
AI-generated summary
FG Nexus (FGNX) Director Scott D. Wollney Receives RSU Award
What Happened Scott D. Wollney, a director of FG Nexus Inc. (FGNX), was granted 4,480 restricted stock units (RSUs) on 2026-02-03 as payment for director fees. The RSUs were issued at $0.00 (no cash paid) and vested on the grant date; each RSU represents a contingent right to one share of common stock.
Key Details
- Transaction date: 2026-02-03; filing date: 2026-02-04 (timely).
- Grant: 4,480 RSUs; acquisition price reported as $0.00.
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnote: RSUs were granted under the 2021 Equity Incentive Plan as director fee payment and vested on grant (each RSU = right to one share).
- No indication of a 10b5-1 plan, sale, or tax-withholding sale in this filing.
Context RSU grants to directors are routine compensation and are not a purchase or sale of stock; because these RSUs vested immediately, Wollney has a contingent right to receive 4,480 shares (subject to any plan terms). Such awards reflect compensation policy rather than a straightforward bullish or bearish trading signal.