STOCK TITAN

FIGR (FIGR) CEO has shares withheld to cover RSU tax obligations

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Figure Technology Solutions, Inc. Chief Executive Officer Michael Benjamin Tannenbaum reported a tax-related share disposition. On April 23, 2026, 132,861 shares of Class A Common Stock were withheld at $32.22 per share to satisfy tax liability on the vesting of restricted stock units. The footnote clarifies this was not a market sale. After this withholding, he directly owned 3,365,268 shares of Class A Common Stock.

Positive

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Negative

  • None.
Insider Tannenbaum Michael Benjamin
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 132,861 $32.22 $4.28M
Holdings After Transaction: Class A Common Stock — 3,365,268 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 132,861 shares Withheld to satisfy tax liability on RSU vesting
Reference share price $32.22 per share Value used for the tax-withholding disposition
Post-transaction holdings 3,365,268 shares CEO’s direct Class A Common Stock after withholding
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.
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.
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.
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)
04/23/2026
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 Stock04/23/2026F(1)132,861D$32.223,365,268D
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/ Ronald Chillemi, Attorney-in-Fact04/27/2026
** 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)

FAQ

What insider transaction did FIGR CEO Michael Tannenbaum report?

Michael Tannenbaum reported a tax-related share disposition. 132,861 FIGR Class A Common shares were withheld to cover tax liability from vesting restricted stock units, rather than sold in the market, leaving him with 3,365,268 directly owned shares afterward.

Was the FIGR CEO’s Form 4 transaction a market sale of shares?

No, it was not a market sale. The filing states the 132,861 shares were withheld by Figure Technology Solutions to satisfy tax liability on vesting restricted stock units, and specifically notes this event was not a market sale of shares.

How many FIGR shares were withheld for the CEO’s taxes?

The filing reports 132,861 shares of Figure Technology Solutions Class A Common Stock were withheld. These shares covered the CEO’s tax liability arising from vesting restricted stock units, at a reference value of $32.22 per share in the transaction details.

How many FIGR shares does the CEO hold after this Form 4 event?

After the tax-withholding disposition, the CEO directly holds 3,365,268 shares of Figure Technology Solutions Class A Common Stock. This post-transaction holding is explicitly stated in the Form 4 as the total shares following the transaction.

What does transaction code F mean in the FIGR CEO’s Form 4?

Transaction code F indicates a tax-withholding disposition. In this FIGR filing, it reflects shares delivered back to the issuer to satisfy tax liability on vesting restricted stock units, rather than an open-market sale initiated by the CEO.