Wollney Scott D 4

What Happened
Scott D. Wollney, a director of FG Nexus, was granted 2,200 restricted stock units (RSUs) on July 10, 2026 as payment of director fees under the 2021 Equity Incentive Plan. The grant is reported at $0.00 per RSU (no cash paid); all 2,200 RSUs vested on the grant date. Each RSU is a contingent right to receive one share of the company’s common stock when settled.

Key Details

• Transaction date: 2026-07-10 (Form 4 filed 2026-07-13).
• Transaction type/code: Award/Grant (A).
• Amount: 2,200 RSUs granted and vested; reported acquisition price $0.00 (total $0 on Form 4).
• Holdings: Filing notes an additional 10,373 unvested RSUs granted April 8, 2026 (see below); the filing does not state total common shares owned after this transaction in the summary provided here.
• Footnote F1: Grant represents RSUs paid in lieu of cash director fees; vested on grant.
• Footnote F2: Separately, 10,373 unvested RSUs (granted 4/8/2026) vest in five equal annual instalments starting on the first anniversary of that grant, subject to continued service.
• Timeliness: Filing date (7/13/2026) is within the standard Form 4 filing period for a 7/10/2026 transaction (timely).

Context
RSUs are a form of equity compensation; vested RSUs represent the right to receive shares (or share value) in the future according to the company’s settlement practices. This grant was a routine director compensation action (fee paid in equity rather than cash) and should be viewed as compensation rather than a market-timed purchase or sale.