SCHEDULE: Figure Tech Insiders Disclose 24.2% Stake

Michael Cagney and June Ou, key executives at Figure Technology Solutions, Inc., jointly reported beneficial ownership of 24.2% of the company's Class A Common Stock as of September 30, 2025.

Summary

• Michael Cagney and June Ou, referred to as "Reporting Persons," jointly filed a Schedule 13G.
• As of September 30, 2025, the Reporting Persons beneficially own an aggregate of 53,702,304 shares of Figure Technology Solutions, Inc.'s Class A Common Stock.
• This aggregate ownership represents 24.2% of the total 174,853,649 shares of Class A Common Stock outstanding as of the same date.
• The ownership includes shares held directly by Ms. Ou (6,878,993 Class A shares), shares underlying Class B Common Stock held by Mr. Cagney (24,970,450 shares), shares underlying Class B Common Stock held by various trusts where Reporting Persons are trustees (10,685,585 shares), and shares underlying Class B Common Stock held by Rockfish LLC (2,237,012 shares).
• It also includes fully vested stock options held by Mr. Cagney (4,559,904 shares) and stock options held by Ms. Ou that are fully vested or vest within 60 days (4,370,360 shares).
• The Reporting Persons have shared voting and shared dispositive power over all 53,702,304 beneficially owned shares.

Sentiment

Score: 7

Explanation: The filing indicates significant beneficial ownership by key insiders, which can be viewed positively as a sign of management's vested interest in the company's success and long-term value creation.

Positives

• Significant insider ownership (24.2%) by key executives, Michael Cagney and June Ou, indicating strong alignment with shareholder interests.
• The substantial stake suggests confidence from management in the company's long-term prospects.

Stakeholder Impact

• Shareholders may view the significant insider ownership as a positive indicator of management's confidence and alignment with shareholder interests.

Key Dates

Recommendation

The Schedule 13G filing reveals substantial beneficial ownership by key insiders, Michael Cagney and June Ou, representing 24.2% of Figure Technology Solutions, Inc.'s Class A Common Stock. This high level of insider commitment is generally a positive signal, suggesting strong confidence in the company's future. However, as this filing is solely an ownership disclosure, it lacks the comprehensive financial performance data, strategic updates, or detailed risk assessments required to issue a 'buy' or 'sell' recommendation. Therefore, a 'hold' recommendation is appropriate, indicating that existing shareholders should maintain their position while awaiting further operational and financial disclosures for a more complete investment picture.

Keywords

Figure Technology Solutions, Michael Cagney, June Ou, Class A Common Stock, Beneficial Ownership, SEC Filing, Schedule 13G, Insider Ownership, Equity Stake, Shareholder Disclosure