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

Figure Technology Solutions, Inc.'s Chief Financial Officer, Kgil Minchung, sold 8,000 shares of Class A Common Stock through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Kgil Minchung, Chief Financial Officer of Figure Technology Solutions, Inc., sold a total of 8,000 shares of Class A Common Stock.
• The sales occurred on March 24, 2026, pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
• Transactions included 1,589 shares at a weighted average price of $32.7027, 6,111 shares at $33.6554, and 300 shares at $34.1933.
• Following these transactions, Kgil Minchung directly beneficially owns 556,098 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. Sales under a 10b5-1 plan are pre-scheduled and do not typically signal a change in management's outlook on the company's prospects.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales executed under a Rule 10b5-1 trading plan are generally perceived as less indicative of management's sentiment about future stock performance compared to open market sales, as these plans are pre-scheduled to avoid accusations of trading on material non-public information.

Stakeholder Impact

• The sale of shares by a Chief Financial Officer, even under a 10b5-1 plan, could be interpreted by some shareholders as a lack of confidence, though the pre-planned nature mitigates this concern.

Key Dates

Recommendation

The insider sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not a reaction to recent events or a signal of changing company fundamentals. Therefore, this specific transaction alone does not warrant a change in investment recommendation, and a 'hold' stance is maintained pending further fundamental analysis.

Keywords

Figure Technology Solutions, FIGR, Kgil Minchung, CFO, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Equity Transaction