Form 4: CFO Sells FIGR Shares Under 10b5-1 Plan

Figure Technology Solutions CFO Kgil Minchung sold 4,000 shares of Class A Common Stock for $30.03 per share, executed under a pre-arranged trading plan.

Summary

• Kgil Minchung, Chief Financial Officer of Figure Technology Solutions, Inc. (FIGR), reported a transaction on June 30, 2026.
• The transaction involved the sale of 4,000 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $30.03 per share, with individual sales ranging from $30.00 to $30.07.
• These shares were sold directly and were part of a Rule 10b5-1 trading plan adopted on December 10, 2025.
• Following the transaction, the reporting person beneficially owns 499,651 shares of Class A Common Stock.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative sentiment due to the insider sale, despite it being executed under a pre-planned 10b5-1 trading plan.

Negatives

• The CFO sold a significant number of shares, which could be perceived negatively by the market.

Risks

• The sale of shares by a key executive could signal a lack of confidence in the company's future prospects, although the sale was conducted under a pre-established 10b5-1 plan.

Future Outlook

The filing itself does not contain forward-looking statements or guidance. The transaction was executed under a pre-existing trading plan.

Management Comments

• The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
• The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.07.
• The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Industry Context

StockSavvy.ai notes that insider sales, even under Rule 10b5-1 plans, are closely watched by investors as they can sometimes precede significant price movements or indicate executive sentiment about the company's valuation.

Stakeholder Impact

• Shareholders may view the CFO's sale of shares with some concern, even though it was executed under a pre-arranged plan, potentially impacting short-term investor sentiment.

Key Dates

Recommendation

The filing reports a routine transaction by an insider under a 10b5-1 plan, which is not indicative of a fundamental change in the company's prospects. While insider sales can be a negative signal, the pre-planned nature mitigates immediate concern. Therefore, a 'hold' recommendation is appropriate pending further company performance updates.

Keywords

Form 4, SEC Filing, Insider Trading, Stock Sale, Figure Technology Solutions, FIGR, CFO, Kgil Minchung, Rule 10b5-1, Class A Common Stock