FIGR officer covers taxes with share withholding
Figure Technology Solutions, Inc. Chief Capital Officer David Todd Stevens reported a tax-related share withholding tied to restricted stock units.
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. Chief Capital Officer David Todd Stevens reported a tax-related share withholding tied to restricted stock units. The issuer withheld 21,795 shares of Class A Common Stock at a value of $38.97 per share to satisfy tax liabilities on vesting, which is explicitly described as not a market sale. Following this withholding, Stevens directly owns 414,294 shares.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding, not an open-market sale.
The transaction shows Figure Technology Solutions Chief Capital Officer David Todd Stevens having 21,795 shares withheld to cover taxes on vesting restricted stock units. The filing labels this as a tax-withholding disposition at $38.97 per share, not a market trade.
After the withholding, Stevens holds 414,294 shares of Class A Common Stock directly. Because this is a compensation-driven, non-market event without buying or selling decisions, it usually carries limited informational value about the insider’s view of FIGR shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 21,795 | $38.97 | $849K |
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
Class A Common Stock financial
Form 4 regulatory
FAQ
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What insider transaction did FIGR executive David Todd Stevens report?
What does transaction code F mean in the FIGR Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.