Form 4: Figure Tech Officer Sells 40,000 Shares

Figure Technology Solutions' Chief Capital Officer, David Todd Stevens, sold 40,000 shares of Class A Common Stock for approximately $1.4 million in a pre-planned transaction.

Summary

• David Todd Stevens, Chief Capital Officer of Figure Technology Solutions, Inc. (FIGR), sold 40,000 shares of Class A Common Stock.
• The transaction occurred on December 3, 2025.
• The shares were sold at a weighted average price of $35.2201 per share, with individual transaction prices ranging from $34.95 to $35.815.
• Following the sale, Stevens directly beneficially owns 489,000 shares of Class A Common Stock.
• The transaction was executed pursuant to a Rule 10b5-1(c) pre-arranged trading plan.

Sentiment

Score: 4

Explanation: The sale of 40,000 shares by a Chief Capital Officer, even under a 10b5-1 plan, can be viewed with slight caution by the market, as it represents a reduction in insider ownership. However, the pre-planned nature mitigates some of the negative sentiment associated with an unannounced sale.

Negatives

• An insider, the Chief Capital Officer, sold a significant number of shares (40,000 shares), which can sometimes be perceived negatively by the market, even if pre-planned.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may interpret the insider sale as a signal, potentially leading to minor downward pressure on the stock price, although the 10b5-1 plan mitigates immediate concerns about management confidence.

Key Dates

Recommendation

While the sale by the Chief Capital Officer is a notable event, its execution under a Rule 10b5-1 plan suggests a pre-determined financial planning decision rather than an immediate reaction to new, negative company-specific information. The remaining beneficial ownership of 489,000 shares indicates continued significant alignment with shareholder interests. Investors should monitor future insider activity and company performance, but this single, pre-planned transaction does not warrant a change from a 'hold' position without further context.

Keywords

Figure Technology Solutions, FIGR, Insider Sale, Form 4, David Todd Stevens, Chief Capital Officer, Stock Sale, Equity Transaction, 10b5-1 Plan