Figure Technology Solutions (FIGR) CFO sells 8,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. Chief Financial Officer Kgil Minchung reported open-market sales of a total of 8,000 shares of Class A Common Stock on May 26, 2026. The sales were executed in three tranches at weighted average prices around the mid‑$30 range.
According to a footnote, these transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 10, 2025. The filing indicates that the CFO continues to directly hold more than 500,000 shares after these sales.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,000 shares ($285,606)
Net Sell
3 txns
Insider
Kgil Minchung
Role
Chief Financial Officer
Sold
8,000 shs ($286K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,377 | $34.9187 | $83K |
| Sale | Class A Common Stock | 4,237 | $35.8498 | $152K |
| Sale | Class A Common Stock | 1,386 | $36.5866 | $51K |
Holdings After Transaction:
Class A Common Stock — 545,721 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.32 to $35.27. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.32 to $36.3175. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.32 to $36.88. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 8,000 shares
Tranche 1 sale price: $34.9187 per share
Tranche 2 sale price: $35.8498 per share
+3 more
6 metrics
Total shares sold
8,000 shares
Aggregate open-market sales on May 26, 2026
Tranche 1 sale price
$34.9187 per share
Weighted average price for 2,377-share sale
Tranche 2 sale price
$35.8498 per share
Weighted average price for 4,237-share sale
Tranche 3 sale price
$36.5866 per share
Weighted average price for 1,386-share sale
Remaining direct holdings (approximate)
>500,000 shares
Direct Class A Common Stock position after sales
10b5-1 plan adoption date
December 10, 2025
Date CFO adopted pre-arranged trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title": "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.
FAQ
What insider transaction did FIGR CFO Kgil Minchung report on May 26, 2026?
Figure Technology Solutions CFO Kgil Minchung reported selling 8,000 shares of Class A Common Stock on May 26, 2026. The sales occurred in three open-market tranches at weighted average prices in the mid-$30 range per share.
What type of security did FIGR’s CFO sell in this insider transaction?
All reported transactions involve Figure Technology Solutions’ Class A Common Stock. No derivative securities such as stock options or warrants are listed in the derivative transaction summary, indicating the filing relates solely to sales of already-held common shares.