FIGR (FIGR) CFO has 20,057 shares withheld for RSU tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. Chief Financial Officer Minchung Kgil reported a tax-related share disposition. On the vesting of restricted stock units, 20,057 shares of Class A Common Stock were withheld by the company at $29.72 per share to cover tax liabilities, described as a tax-withholding disposition and not a market sale. After this withholding, Kgil directly owned 564,098 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kgil Minchung
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 20,057 | $29.72 | $596K |
Holdings After Transaction:
Class A Common Stock — 564,098 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FIGR CFO Minchung Kgil report on this Form 4?
The CFO reported a tax-withholding disposition of 20,057 shares of Class A Common Stock. These shares were withheld by Figure Technology Solutions, Inc. to satisfy tax liabilities arising from the vesting of restricted stock units, according to the Form 4 footnote.
What does transaction code “F” mean in the FIGR CFO Form 4 filing?
Transaction code “F” indicates payment of exercise price or tax liability by delivering securities. In this filing, it reflects shares of Class A Common Stock withheld by the issuer to satisfy tax liability from restricted stock unit vesting, not an open-market trade.