Insider June Ou at Figure Technology (NYSE: FGRS) logs tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. director and ten percent owner June Ou reported a tax-withholding disposition of 68,059 shares of Class B Common Stock on March 3, 2026. The shares were withheld by the issuer to cover tax on vested restricted stock units at $29.72 per share and were not a market sale, with ownership reported indirectly through a spouse.
After this transaction, 30,037,236 shares of Class B Common Stock were held indirectly through the spouse. Additional indirect holdings reported as of the same date included 4,313,645 shares held by a family trust, 2,237,012 shares held by Rockfish LLC, and 3,185,970 shares each held by Children’s Trust 1 and Children’s Trust 2.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Ou June
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 68,059 | $29.72 | $2.02M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 30,037,236 shares (Indirect, By Spouse)
Footnotes (1)
- Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers. Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.
FAQ
What insider transaction did June Ou report for Figure Technology Solutions (FGRS)?
June Ou reported a tax-withholding disposition of 68,059 Class B shares on March 3, 2026. The issuer withheld these shares at $29.72 per share to cover tax on vested restricted stock units and it was not a market sale.
Was the June Ou Form 4 transaction in Figure Technology Solutions (FGRS) an open-market sale?
No, the Form 4 specifies the transaction was not a market sale. The 68,059 Class B shares were withheld by the issuer to satisfy tax obligations from restricted stock unit vesting, coded as a tax-withholding disposition rather than a discretionary sale.
What other indirect holdings did June Ou disclose in Figure Technology Solutions (FGRS) Class B stock?
Indirect holdings included 4,313,645 Class B shares held by a family trust, 2,237,012 shares held by Rockfish LLC, and 3,185,970 shares each held by Children’s Trust 1 and Children’s Trust 2, all reported as of March 3, 2026.
What does transaction code F mean in the Figure Technology Solutions (FGRS) Form 4?
Transaction code F on the Form 4 indicates payment of tax liability by delivering securities. For June Ou, this reflects issuer-withheld Class B shares to cover taxes on vested restricted stock units, rather than a voluntary buy or sell trade in the open market.