Govignon Richard Edward JR 4

What Happened

• Richard Edward Govignon Jr., a director of FG Nexus, was granted 1,806 restricted stock units (RSUs) on July 10, 2026 (Transaction type: Award/Grant, code A). The RSUs were granted with an $0.00 per-share price (total reported value $0) and, per the filing, all RSUs in this grant vested on the grant date. Each RSU represents a contingent right to receive one share of common stock.

Key Details

• Transaction date: 2026-07-10; reported on Form 4 filed 2026-07-13 (timely filing).
• Consideration: 1,806 RSUs acquired at $0.00 (total $0).
• Shares owned after the transaction: not disclosed in the provided filing summary.
• Footnotes of note:
  • F1: These RSUs were granted as director fee payment in lieu of cash and vested on grant.
  • F2: The filing also references 10,373 unvested RSUs granted April 8, 2026, which vest in five equal annual installments beginning April 8, 2027, subject to continued service.
• Filing timeliness: Report appears to be filed promptly (no late filing noted).

Context

• RSUs are a form of equity compensation that convert into shares (or their cash value) upon vesting. Because the reported RSUs in this grant vested immediately, they represent a near-term right to receive shares, though settlement mechanics (issuing shares or withholding for taxes) may follow the company’s plan terms.
• Grants to directors as compensation are common and do not by themselves indicate the director’s trading intent or view on the stock.