Form 4: Figure Technology Solutions Insider Tax Withholding
Statement of Changes in Beneficial Ownership
Chief Capital Officer David Todd Stevens reported the withholding of 21,795 shares to satisfy tax obligations upon RSU vesting.
Summary
- David Todd Stevens, Chief Capital Officer of Figure Technology Solutions, Inc., executed a transaction on May 11, 2026.
- The transaction involved the withholding of 21,795 shares of Class A Common Stock.
- The shares were withheld at a price of $38.97 per share.
- The withholding was conducted to satisfy tax liabilities associated with the vesting of restricted stock units.
- Following this transaction, the reporting person maintains beneficial ownership of 414,294 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative action related to executive compensation and not a signal of market activity.
Positives
- The transaction was a mandatory tax withholding event rather than a discretionary market sale, indicating continued long-term alignment with the company.
Negatives
- None identified; this is a routine administrative transaction related to equity compensation.
Risks
- None identified; this filing pertains to internal tax compliance.
Future Outlook
No forward-looking guidance provided in this filing.
Management Comments
- The filing notes that the transaction represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units and is not a market sale.
Industry Context
StockSavvy.ai notes that this is a standard regulatory disclosure for executive compensation and does not reflect a change in corporate strategy or market sentiment.
Comparison to Industry Standards
- The transaction follows standard corporate governance practices for handling tax obligations upon the vesting of equity-based compensation.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a non-discretionary tax settlement.
Next Steps
- None identified.
Key Dates
| Date | Description |
|---|---|
| 05/11/2026 | Date of the reported transaction involving share withholding. |
| 05/13/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Figure Technology Solutions, FIGR, Insider Trading, Form 4, Tax Withholding, Equity Compensation
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