Form 4: Figure Tech CEO Sells Over 150K Shares in Planned Transactions

Figure Technology Solutions, Inc. CEO Michael Benjamin Tannenbaum sold 150,026 shares of Class A Common Stock for approximately $5.27 million through pre-arranged Rule 10b5-1 plans.

Summary

• Michael Benjamin Tannenbaum, CEO and Director of Figure Technology Solutions, Inc. (FIGR), disposed of a total of 150,026 shares of Class A Common Stock.
• The sales occurred on December 2, 2025, and December 3, 2025.
• On December 2, 2025, 48,641 shares were sold at a weighted average price of $35.1204, and 11,359 shares were sold at a weighted average price of $35.635.
• On December 3, 2025, 80,099 shares were sold at a weighted average price of $35.0665, and 9,927 shares were sold at a weighted average price of $35.584.
• These transactions were made pursuant to a Rule 10b5-1(c) plan.
• Following these transactions, Michael Benjamin Tannenbaum beneficially owns 3,641,903 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral to slightly negative. While insider selling can be a concern, the fact that these transactions were pre-planned under a Rule 10b5-1(c) plan mitigates some of the immediate negative implications, suggesting personal financial management rather than a reaction to adverse company developments.

Positives

• The sales were conducted under a Rule 10b5-1(c) plan, indicating pre-scheduled transactions rather than a reaction to immediate company news, which can mitigate negative investor sentiment often associated with insider selling.

Negatives

• A significant sale of 150,026 shares by the Chief Executive Officer could be perceived negatively by some investors, potentially signaling a lack of confidence or a desire to diversify holdings.

Risks

• Potential for negative investor sentiment or market reaction due to the substantial insider selling, despite the existence of a 10b5-1 plan.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction is specific to Figure Technology Solutions, Inc. and does not directly provide broader industry trends or competitive insights. However, insider selling is a common occurrence across industries, often for personal financial planning or diversification.

Related Party Transactions

• The transactions involve the Chief Executive Officer and Director of Figure Technology Solutions, Inc., making them insider transactions.

Stakeholder Impact

• Shareholders may interpret the CEO's sale of a significant number of shares as a signal, potentially influencing their perception of the company's future prospects or management's confidence, despite the 10b5-1 plan.

Key Dates

Keywords

Figure Technology Solutions, FIGR, Michael Tannenbaum, Insider Sale, Form 4, CEO, Stock Transaction, 10b5-1 Plan