Govignon Richard Edward JR 4

What Happened
Richard Edward Govignon Jr., a director of FG Nexus Inc. (FGNX), was granted a total of 12,228 restricted stock units (RSUs) on April 8, 2026. The filing lists two awards: 1,855 RSUs granted as director fee payment that vested on the grant date (footnote F1), and 10,373 RSUs granted as director compensation that are unvested and vest in five equal annual installments starting one year from the grant (footnotes F2, F3). The reported acquisition price is $0.00 per unit (standard for RSU awards). These were awards/grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: April 8, 2026; Form 4 filed April 9, 2026 (timely filing).
• Awards: 1,855 RSUs vested on grant date (F1); 10,373 RSUs unvested, vesting in five equal annual installments beginning on the first anniversary (F2, F3).
• Reported acquisition price: $0.00 per RSU (RSUs reflect a contingent right to one share each).
• Shares owned after transaction: Not specified in the provided filing.
• Transaction code: A (Award/Grant). No 10b5-1 plan or tax-withholding details disclosed in the supplied notes.

Context

• RSUs are a form of compensation: each RSU is a contingent right to one share. Vested RSUs give the holder a right to shares (often settled in stock), while unvested RSUs are subject to future service-based vesting.
• This is an award to a director as compensation, not a purchase or sale — it does not directly signal buying or selling sentiment.
• The filing appears timely (transaction 4/8/2026, filed 4/9/2026).