Figure CFO has shares withheld for RSU taxes
Figure Technology Solutions, Inc. Chief Financial Officer Minchung Kgil had 23,330 shares of Class A Common Stock withheld by the company at $32.09 per share to cover taxes on vesting of restricted stock units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Figure Technology Solutions, Inc. Chief Financial Officer Minchung Kgil had 23,330 shares of Class A Common Stock withheld by the company at $32.09 per share to cover taxes on vesting of restricted stock units. This was not a market sale, and Kgil now directly holds 516,768 shares.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 23,330 | $32.09 | $749K |
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
Key Terms
restricted stock units financial
tax-withholding disposition financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FIGR CFO Minchung Kgil report?
Was the FIGR CFO’s Form 4 transaction an open-market sale?
What does transaction code F mean in the FIGR CFO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.