Morgan Creek proposes large FIGR share sales (NASDAQ: FIGR)

Rhea-AI Filing Summary

FIGR selling holders submitted Form 144 notices to sell shares of common stock, listing specific proposed sale amounts and dates.

Examples include Morgan Creek Blockchain Opportunities Fund, LP proposed sales of 352,847 shares on 02/18/2026, 750,000 shares on 03/10/2026, and 375,000 shares on 03/11/2026. Morgan Creek Blockchain Opportunities Fund II, LP listed a proposed sale of 757,667 shares on 02/18/2026. Some entries state the sales were made pursuant to an effective registration statement.

Insights

Securities Attorney

Form 144 notices report proposed resale transactions by institutional holders.

These filings are notices of proposed sales under Rule 144; several entries expressly note sales pursuant to an effective registration statement. That wording indicates at least some transactions are being conducted under an already effective registration rather than relying solely on Rule 144 resale conditions.

Timing and execution depend on broker arrangements and compliance with applicable resale conditions; subsequent filings or broker confirmations will show actual sales completed on the reported dates.

Equity Capital Markets Analyst

Large proposed blocks by Morgan Creek create potential supply in the market on reported dates.

The notices list block sizes: 352,847, 750,000, 375,000, and 757,667 shares with specific 02/18/2026, 03/10/2026, and 03/11/2026 timestamps. These are proposed sale quantities, not confirmations of executed trades.

Actual market impact will depend on execution method and whether sales occur under the effective registration statement or Rule 144 resale conditions; check subsequent trade reports for completion details.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 555 California Street 18th Floor San Francisco CA 94104	21400	847226	176100512	03/13/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/28/2021	Private Placement	Issuer			21400	05/28/2021	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Morgan Creek Blockchain Opportunities Fund, LP 301 West Barbee Chapel Road Chapel Hill NC 27517	Common (These sales were made pursuant to an effective registration statement and not Rule 144)	02/18/2026	352847	10941730
Morgan Creek Blockchain Opportunities Fund, LP 301 West Barbee Chapel Road Chapel Hill NC 27517	Common	03/10/2026	750000	24330000
Morgan Creek Blockchain Opportunities Fund, LP 301 West Barbee Chapel Road Chapel Hill NC 27517	Common	03/11/2026	375000	15206254.13
Morgan Creek Blockchain Opportunities Fund II, LP 301 West Barbee Chapel Road Chapel Hill NC 27517	Common (These sales were made pursuant to an effective registration statement and not Rule 144)	02/18/2026	757667	23500866

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does FIGR's Form 144 filing mean?

A Form 144 notifies the SEC of proposed resales of FIGR common stock by holders. It lists proposed sale amounts and intended dates, but does not confirm that the shares were sold.

How many FIGR shares did Morgan Creek propose to sell?

Morgan Creek Blockchain Opportunities Fund, LP listed proposed sales of 352,847, 750,000, and 375,000 shares on 02/18/2026, 03/10/2026, and 03/11/2026 respectively.

Did any entries state these sales were under a registration statement?

Yes, some entries state the sales were made pursuant to an effective registration statement rather than under Rule 144 resale conditions, indicating a registration-based route for those sales.

Are these Form 144 notices confirmations of completed trades for FIGR?

No. A Form 144 is a notice of intent to sell; it does not confirm execution. Completion and trade details would appear in subsequent trade reports or confirmations.

Which dates are listed for the proposed FIGR sales?

The filing lists proposed sale dates of 02/18/2026, 03/10/2026, and 03/11/2026 tied to the respective proposed share amounts reported.