Figure Technology (NYSE: FIGR) director reports RSU grant and updated indirect holdings
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. director and 10% owner Michael Scott Cagney reported indirect holdings and a new equity award. An entry shows 17,661 shares of Class A Common Stock held indirectly by a family trust as of the reported date. In addition, Cagney’s spouse received an award of 3,192 restricted stock units (RSUs) at a price of $0.00 per share, held indirectly. According to the award terms, these RSUs vest in full on the earlier of the day immediately preceding the next annual meeting of stockholders or June 4, 2027, with each RSU converting into one share of Class A Common Stock upon vesting. Following this award, indirect holdings through the spouse total 6,132,185 shares of Class A Common Stock.
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Insider Trade Summary
Net Buyer: 3,192 shares
Net Buy
2 txns
Insider
Cagney Michael Scott
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,192 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 6,132,185 shares (Indirect, By Spouse);
Class A Common Stock — 17,661 shares (Indirect, By Family Trust)
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs"), which vests in full on the earlier of (i) the day immediately preceding the date of the next annual meeting of stockholders and (ii) June 4, 2027. Each RSU represents a contingent right to receive one share of Class A Common Stock.
Key Figures
RSU award size: 3,192 RSUs
RSU grant price: $0.00 per share
Spouse indirect holdings after award: 6,132,185 shares
+2 more
5 metrics
RSU award size
3,192 RSUs
Award to spouse; each RSU for 1 share Class A Common Stock
RSU grant price
$0.00 per share
Stated transaction price per RSU
Spouse indirect holdings after award
6,132,185 shares
Class A Common Stock held indirectly by spouse following transaction
Family trust holdings
17,661 shares
Class A Common Stock held indirectly by family trust as a holding entry
RSU vesting date
June 4, 2027
Latest possible full vesting date; earlier if before next annual meeting
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, Family Trust, annual meeting of stockholders
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), which vests in full"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"Each RSU represents a contingent right to receive 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.
Family Trust financial
"direct_or_indirect: "I", nature_of_ownership: "By Family Trust""
annual meeting of stockholders financial
"vests in full on the earlier of (i) the day immediately preceding the date of the next annual meeting of stockholders"
FAQ
What insider transaction did FIGR director Michael Scott Cagney report?
Michael Scott Cagney reported an indirect equity award to his spouse and an updated trust holding. His spouse received 3,192 RSUs for Class A Common Stock and a family trust is shown holding 17,661 shares, both reported as indirect ownership positions.
How many FIGR restricted stock units were awarded to Michael Scott Cagney’s spouse?
Cagney’s spouse received 3,192 restricted stock units. These RSUs relate to Class A Common Stock at a stated price of $0.00 per share and represent a compensation-type grant rather than an open-market purchase, increasing indirect beneficial exposure.
When do the 3,192 FIGR RSUs awarded to Cagney’s spouse vest?
The 3,192 RSUs vest in full on the earlier of the day immediately preceding the next annual meeting of stockholders or June 4, 2027. Upon vesting, each RSU delivers one share of Class A Common Stock, assuming all conditions are met.
What are Michael Scott Cagney’s indirect FIGR holdings through his spouse after this Form 4?
After the reported award, indirect holdings through Cagney’s spouse total 6,132,185 shares of Class A Common Stock. This figure reflects the position shown following the 3,192 RSU grant reported in the filing for the Class A Common Stock line.
AI-generated analysis. How Rhea-AI works. Not financial advice.
