Hayes Rita 4
4 · FG Nexus Inc. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
FG Nexus (FGNX) Director Rita Hayes Receives RSU Award
What Happened
Rita Hayes, a director of FG Nexus Inc. (FGNX), received a total of 12,194 restricted stock units (RSUs) on April 8, 2026. The grants consist of 1,821 RSUs that vested immediately as payment in lieu of cash and 10,373 RSUs that are unvested director compensation. The reported acquisition price for all RSUs is $0 (typical for grant awards); each RSU represents a contingent right to one share of common stock upon vesting.
Key Details
- Transaction date: April 8, 2026; Form 4 filed April 9, 2026 (timely filing).
- Grants: 1,821 RSUs vested on grant (director fee in lieu of cash); 10,373 RSUs unvested. Total granted = 12,194 RSUs.
- Acquisition price reported: $0.00 per RSU (award/grant).
- Vesting: The 10,373 RSUs vest in five equal annual installments beginning on the first anniversary of the grant, subject to continued service. (Each RSU = one share upon vesting.)
- Footnotes: F1 describes the 1,821 RSUs as fee-in-lieu-of-cash and vested on grant; F2/F3 describe the 10,373 RSUs as director compensation with the five-year vesting schedule.
- Shares owned after the transaction are not specified in the information provided — see the full Form 4 for total beneficial ownership.
Context
This was an equity award (grant) rather than a market purchase or sale, so it does not directly signal buying or selling sentiment. RSUs that vest immediately convert into shares and could increase the director’s reported holdings right away; the unvested portion will convert to shares only as the vesting schedule is satisfied. For precise holdings, tax withholding, or further details, consult the complete Form 4 filing.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-08+1,821→ 5,069 total - Award
Common Stock
[F2][F3]2026-04-08+10,373→ 15,442 total
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]Includes 10,373 unvested RSUs granted on April 8, 2026 under the 2021 Equity Incentive Plan as director compensation.