Insider June Ou at Figure Technology (NYSE: FGRS) logs tax-withheld shares
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 |
|---|---|---|---|---|
| Exercise Price or Tax Liability | 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);
Class B Common Stock — 4,313,645 shares (Indirect, By Family Trust);
Class B Common Stock — 2,237,012 shares (Indirect, By Rockfish LLC);
Class B Common Stock — 3,185,970 shares (Indirect, By Children's Trust 1);
Class B Common Stock — 3,185,970 shares (Indirect, By Children's Trust 2)
Footnotes (2)
- F1. 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.
- F2. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
