Figure Technology (NYSE: FIGR) exec has 15,427 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. Chief Capital Officer David Todd Stevens reported a tax-related share disposition. On vesting of restricted stock units, 15,427 shares of Class A Common Stock were withheld by the company at $29.72 per share to cover tax liability, leaving him with 447,516 shares directly owned.
The transaction was a tax-withholding disposition and not a market sale, meaning the shares were retained by the issuer rather than sold on the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stevens David Todd
Role
Chief Capital Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 15,427 | $29.72 | $458K |
Holdings After Transaction:
Class A Common Stock — 447,516 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FIGR Chief Capital Officer David Stevens report?
David Todd Stevens reported a tax-withholding disposition of Figure Technology Solutions Class A Common Stock. 15,427 shares were withheld by the company upon RSU vesting to cover tax liability, rather than being sold into the market.
What does transaction code F mean in the FIGR Form 4 filing?
Transaction code F indicates a payment of tax liability by delivering securities. In this case, Figure Technology Solutions withheld 15,427 shares from David Stevens’ vested RSUs to cover taxes, which the filing clarifies is not a market sale.