Govignon Richard Edward JR 4

What Happened

• Richard Edward Govignon Jr., a director of FG Nexus Inc. (FGNX), was granted 3,678 restricted stock units (RSUs) on 2026-02-03. The Form 4 reports the grant as an award/grant (code A) with an acquisition price of $0.00 (reported value $0) and states all RSUs vested on the grant date. Each RSU represents a contingent right to receive one share of the company’s common stock per the filing footnote.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-04 (timely—filed the next business day).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 3,678 RSUs; report shows acquisition price $0.00 and total $0 (compensation award, not an open‑market purchase).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — RSUs granted under the 2021 Equity Incentive Plan as director fee payment in lieu of cash; all RSUs vested on grant date; each RSU converts to one share when settled.

Context

• This was a director compensation award (not a cash purchase or sale). RSU grants as fees are common for non-employee directors and do not necessarily signal a personal cash investment. Because the RSUs vested on grant, Govignon has the right to receive shares per the plan terms when the company settles the RSUs.