Form 4: Figure Tech Director's Tax Withholding on RSU Vesting

Figure Technology Solutions Director Michael Scott Cagney reported a routine transaction involving shares withheld for tax obligations related to restricted stock unit vesting.

Summary

• Michael Scott Cagney, a Director and 10% owner of Figure Technology Solutions, Inc., reported a transaction on March 13, 2026.
• The transaction involved the disposition of 33,286 shares of Class B Common Stock, which were withheld by the Issuer to satisfy tax liability upon the vesting of restricted stock units.
• This was not a market sale.
• Each Class B Common Stock share is convertible into one Class A Common Stock share at the holder's option or automatically upon certain permitted transfers.
• Following this transaction, Michael Scott Cagney directly beneficially owns 30,003,950 shares of Class B Common Stock.
• Indirect beneficial ownership includes 4,313,645 shares via a Family Trust, 2,237,012 shares via Rockfish LLC, and 3,185,970 shares each via Children's Trust 1 and Children's Trust 2.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative action for RSU vesting and tax compliance, rather than a discretionary trading decision by the insider.

Positives

• The transaction is a routine tax withholding, not an open market sale, indicating no immediate change in insider sentiment regarding the company's prospects.

Negatives

• No specific negative aspects are indicated by this routine tax withholding transaction.

Industry Context

StockSavvy.ai notes that insider transactions, particularly Form 4 filings, provide transparency into executive and director holdings. Routine tax withholdings upon RSU vesting are common practice across industries and typically do not signal a change in strategic direction or financial health, unlike open market sales or purchases.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine administrative transaction for tax purposes, not a discretionary sale that would signal a change in insider confidence.

Key Dates

Keywords

Figure Technology Solutions, FIGR, Form 4, Insider Transaction, Michael Scott Cagney, Restricted Stock Units, RSU Vesting, Tax Withholding, Class B Common Stock, Class A Common Stock