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The Form 3 filed on 06/26/2025 discloses the initial statement of beneficial ownership for Russell Read, who has been designated a Director of FIGX Capital Acquisition Corp. (symbol FIGXU). The filing indicates that no non-derivative or derivative securities are currently owned by the reporting person, either directly or indirectly. Because Form 3 is a baseline disclosure required within 10 days of becoming an insider, this document mainly establishes Read’s reporting obligations under Section 16(a) without signalling any immediate insider buying or selling activity. The absence of share ownership suggests there is no direct alignment of economic interest at this time, and the filing contains no other transactions, option grants, or compensatory equity details that could materially influence valuation or governance considerations.