Figure Technology (FIGR) capital chief has 19,543 shares withheld for taxes
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. reported that Chief Capital Officer David Todd Stevens had 19,543 shares of Class A Common Stock withheld on August 11, 2026 to satisfy a tax liability arising from the vesting of restricted stock units. This was not a market sale. Following this withholding, Stevens directly held 386,508 shares of Class A Common Stock.
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Insights
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Insider Trade Summary
Net Seller: 19,543 shares
Net Sell
1 txn
Insider
Stevens David Todd
Role
Chief Capital Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 19,543 | $27.84 | $544K |
Holdings After Transaction:
Class A Common Stock — 386,508 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.
Key Figures
Shares withheld for tax: 19,543 shares
Per-share value for withholding: $27.84 per share
Shares held after transaction: 386,508 shares
3 metrics
Shares withheld for tax
19,543 shares
Shares of Class A Common Stock withheld to satisfy tax liability on RSU vesting
Per-share value for withholding
$27.84 per share
Value used for the tax-withholding disposition of 19,543 shares
Shares held after transaction
386,508 shares
Direct holdings of Class A Common Stock by David Todd Stevens following the withholding
Key Terms
restricted stock units, withheld, tax liability
3 terms
restricted stock units financial
"tax liability on vesting of restricted stock units. Not a market sale"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withheld financial
"Represents shares withheld by the Issuer to satisfy tax liability"
tax liability financial
"withheld by the Issuer to satisfy tax liability on vesting"
FAQ
What insider transaction did FIGR’s Chief Capital Officer report on this Form 4?
David Todd Stevens reported 19,543 shares of Figure Technology Solutions Class A Common Stock withheld to cover tax liability from restricted stock unit vesting, leaving him with 386,508 shares directly owned after the transaction.
What does transaction code “F” mean in the FIGR insider filing for David Todd Stevens?
Transaction code “F” indicates shares used for payment of tax liability or exercise price by delivering or withholding securities. In this case, shares were withheld to cover taxes on restricted stock unit vesting, not sold on the open market.
Does the FIGR Form 4 indicate use of a Rule 10b5-1 trading plan?
No, the Form 4’s Rule 10b5-1 checkbox is not marked as an affirming plan, and the footnote describes the event only as shares withheld for tax liability on restricted stock unit vesting, with no trading plan reference.
AI-generated analysis. How Rhea-AI works. Not financial advice.