Figure director has 263,910 shares withheld for taxes
FIGR director and 10% owner June Ou reported a tax-withholding disposition of 263,910 Class B shares tied to RSU vesting, with no market sale involved.
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. (FIGR) reported that director and ten percent owner June Ou had 263,910 shares of Class B Common Stock (indirectly held by a spouse) withheld on September 10, 2026 to satisfy tax liability upon vesting of restricted stock units, at a reference value of $36.57 per share. The company states this was not a market sale. Following this tax-withholding disposition, the spouse’s indirect holdings are reported as 4,512,877 shares of Class B Common Stock, and a family trust associated with Ou holds 31,521,107 Class B shares, each convertible into an equal number of Class A shares at any time. The reporting person also notes no reportable pecuniary interest in previously reported children’s trusts for Section 16 purposes.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Tax Withholding: 263,910 shares
Tax Withholding
2 txns
Insider
Ou June
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock F1, F2 | 263,910 | $36.57 | $9.65M |
| holding | Class B Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 4,512,877 contracts (Indirect, By Spouse);
Class B Common Stock — 31,521,107 contracts (Indirect, By Family Trust)
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.
Key Figures
Shares withheld for tax liability: 263,910 shares
Reference share value: $36.57 per share
Spouse indirect holdings after transaction: 4,512,877 shares
+2 more
5 metrics
Shares withheld for tax liability
263,910 shares
Class B Common Stock withheld on September 10, 2026 to satisfy tax on RSU vesting
Reference share value
$36.57 per share
Value applied to 263,910 Class B shares withheld for tax liability
Spouse indirect holdings after transaction
4,512,877 shares
Class B Common Stock indirectly held by spouse after September 10, 2026 disposition
Family trust holdings
31,521,107 shares
Class B Common Stock indirectly held by family trust, equal underlying Class A shares
Exercise-price-or-tax-liability shares
263,910 shares
Shares delivered or withheld for payment of tax liability in code F transaction
Key Terms
Class B Common Stock, Class A Common Stock, restricted stock units, pecuniary interest, +1 more
5 terms
Class B Common Stock financial
"The tax-withholding disposition involved 263,910 shares of Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"Each share of Class B Common Stock will convert into one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
restricted stock units financial
"Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
pecuniary interest financial
"The reporting person does not have a reportable pecuniary interest in those shares"
Section 16 regulatory
"No reportable pecuniary interest in those shares for Section 16 reporting purposes"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FIGR director June Ou report on September 10, 2026?
June Ou reported 263,910 Class B shares indirectly held by a spouse were withheld on September 10, 2026 to pay tax liability on vesting of restricted stock units. The company states this was not a market sale.
What are the FIGR holdings of the family trust associated with June Ou?
A family trust associated with June Ou is reported as indirectly holding 31,521,107 shares of Class B Common Stock, corresponding to 31,521,107 underlying Class A shares, all convertible on a one-for-one basis.
AI-generated analysis. How Rhea-AI works. Not financial advice.
