STOCK TITAN

FIGR (FIGR) CFO has 20,057 shares withheld for RSU tax liabilities

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kgil Minchung

(Last) (First) (Middle)
C/O FIGURE TECHNOLOGY SOLUTIONS, INC.
100 WEST LIBERTY STREET, SUITE 600

(Street)
RENO NV 89501

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Figure Technology Solutions, Inc. [ FIGR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/03/2026 F(1) 20,057 D $29.72 564,098 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.
/s/ Ronald Chillemi, Attorney-in-Fact 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

Was the FIGR CFO’s 20,057-share transaction a market sale of stock?

No, it was not a market sale. The 20,057 shares of Class A Common Stock were withheld by the issuer solely to cover tax liabilities on restricted stock unit vesting, as explicitly stated in the Form 4 footnote disclosure for this transaction.

At what price were the 20,057 FIGR shares withheld for taxes?

The 20,057 shares of Class A Common Stock were withheld at a price of $29.72 per share. This price is listed as the transaction price per share for the tax-withholding disposition related to the vesting of restricted stock units.

How many FIGR shares does CFO Minchung Kgil hold after this Form 4 transaction?

After the tax-withholding disposition, the CFO directly holds 564,098 shares of Class A Common Stock. This post-transaction ownership figure is explicitly reported as the total number of shares beneficially owned following the transaction on the Form 4.

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.

How is the nature of ownership classified for the FIGR CFO’s reported shares?

The Form 4 classifies the CFO’s ownership as direct, coded as “D” for the reported Class A Common Stock. This means the 564,098 shares listed after the transaction are held directly, not through an intermediary entity such as a trust or partnership.
FIGURE TECHNOLOGY SOLUTIO

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