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Figure Technology (FIGR) CEO has 148,216 shares withheld for taxes

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Figure Technology Solutions, Inc. disclosed that Chief Executive Officer Michael Benjamin Tannenbaum had 132,861 shares of Class A Common Stock withheld on July 22, 2026 at $30.04 per share and 15,355 shares withheld on July 23, 2026 at $29.24 per share, totaling 148,216 shares. These were tax-withholding dispositions to satisfy tax liability on vesting of restricted stock units and were not open-market sales.

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Insider Tannenbaum Michael Benjamin
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 15,355 $29.24 $449K
Tax Withholding Class A Common Stock F1 132,861 $30.04 $3.99M
Holdings After Transaction: Class A Common Stock — 3,045,425 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.
Shares withheld for taxes (2026-07-22) 132861 shares at $30.04 Class A Common Stock withheld to satisfy tax liability on RSU vesting
Shares withheld for taxes (2026-07-23) 15355 shares at $29.24 Additional Class A Common Stock withheld for tax liability on RSU vesting
Total shares withheld for tax liability 148216 shares Aggregate shares withheld on July 22–23, 2026 for tax obligations
Tax-withholding disposition transactions 2 transactions Both coded F as payment of tax liability by delivering or withholding securities
restricted stock units financial
"satisfy tax liability on vesting of restricted stock units. Not a market"
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
withheld by the Issuer financial
"Represents shares withheld by the Issuer to satisfy tax liability"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Figure Technology Solutions (FIGR) disclose?

Figure Technology Solutions reported that CEO Michael Benjamin Tannenbaum had 148,216 Class A shares withheld by the issuer on July 22–23, 2026 to cover tax liability on vesting of restricted stock units. These events were tax-withholding dispositions, not market sales.

How many FIGR shares were withheld on July 22, 2026 and at what price?

On July 22, 2026, 132,861 shares of Figure Technology’s Class A Common Stock were withheld at a price of $30.04 per share. The shares were retained by the issuer to satisfy the CEO’s tax obligations arising from vesting restricted stock units.

How many FIGR shares were withheld on July 23, 2026 and at what price?

On July 23, 2026, 15,355 shares of Figure Technology’s Class A Common Stock were withheld at a price of $29.24 per share. As with the prior day, the issuer withheld these shares to cover tax liability from restricted stock unit vesting.

Were Michael Benjamin Tannenbaum’s FIGR transactions market sales?

No. A footnote explains the shares were withheld by the issuer to satisfy tax liability on vesting of restricted stock units and were “Not a market sale.” The transactions are classified as tax-withholding dispositions rather than open-market share sales.

What security was involved in the recent FIGR insider tax-withholding transactions?

The transactions involved Class A Common Stock of Figure Technology Solutions, Inc. Shares were withheld in connection with the vesting of restricted stock units, meaning stock-based compensation converted into shares that were partly retained by the issuer to pay related tax obligations.

Were the FIGR insider tax-withholding transactions under a Rule 10b5-1 plan?

The Rule 10b5-1 trading-plan checkbox for these transactions is not marked, indicating they were not reported as being executed pursuant to a Rule 10b5-1 trading arrangement, but instead as share withholdings to cover tax liabilities on equity award vesting.
SEC Form 4
FORM 4UNITED 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*
Tannenbaum Michael Benjamin

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

(Street)
RENO NEVADA 89501

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Figure Technology Solutions, Inc. [ FIGR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/22/2026F(1)132,861D$30.043,060,780D
Class A Common Stock07/23/2026F(1)15,355D$29.243,045,425D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Macrina Kgil, Attorney-in-Fact07/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)