Figure Technology (FIGR) CFO sells 4,000 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. Chief Financial Officer Minchung Kgil sold 4,000 shares of Class A Common Stock on August 12, 2026 in an open-market transaction at a weighted average price of $30.0292 per share, with individual trade prices ranging from $30.00 to $30.06. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025. Following this sale, Kgil directly holds 491,651 shares of Class A Common Stock.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 4,000 shares
Net Sell
1 txn
Insider
Kgil Minchung
Role
Chief Financial Officer
Sold
4,000 shs ($120K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 4,000 | $30.0292 | $120K |
Holdings After Transaction:
Class A Common Stock — 491,651 shares (Direct)
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.06. 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
Shares sold: 4,000 shares
Weighted average sale price: $30.0292 per share
Shares held after transaction: 491,651 shares
+1 more
4 metrics
Shares sold
4,000 shares
Class A Common Stock sold on August 12, 2026
Weighted average sale price
$30.0292 per share
Open-market transactions with prices from $30.00 to $30.06
Shares held after transaction
491,651 shares
Direct holdings of CFO after reported sale
Net shares sold in filing
4,000 shares
transactionSummary net-sell shares
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"
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."
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 Figure Technology Solutions (FIGR) report in this Form 4?
Figure Technology Solutions reported that CFO Minchung Kgil sold 4,000 shares of Class A Common Stock on August 12, 2026. This was an open-market sale disclosed in a Form 4 insider trading report.
What type of security was involved in the FIGR insider sale on August 12, 2026?
The insider transaction involved Class A Common Stock of Figure Technology Solutions, Inc. The Form 4 shows no derivative securities transactions, only this non-derivative stock sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.