SCHEDULE: FMR LLC Reports 5.3% Stake in Figure Technology Solutions
Ownership Filing
FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 5.3% of Figure Technology Solutions Inc.'s Class A Common Stock as of June 30, 2026.
Summary
- FMR LLC and Abigail P. Johnson, through various subsidiaries and affiliates, collectively hold a 5.3% stake in Figure Technology Solutions Inc.
- The total number of shares beneficially owned is 9,741,593.78.
- FMR LLC has sole voting power over 9,675,231.15 shares and sole dispositive power over 9,741,593.78 shares.
- Abigail P. Johnson has sole dispositive power over 9,741,593.78 shares.
- The filing is an amendment to a previous Schedule 13G, indicating a change or confirmation of ownership levels.
- The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it primarily reports a passive ownership stake without significant new strategic information or performance indicators.
Positives
- FMR LLC and Abigail P. Johnson maintain a significant passive investment in Figure Technology Solutions Inc., indicating confidence in the company's long-term prospects.
- The filing confirms a substantial ownership stake, which can be seen as a vote of confidence by a major financial institution.
Negatives
- The filing does not provide any new strategic information, financial performance updates, or forward-looking guidance from Figure Technology Solutions Inc.
- The disclosure is primarily a reporting requirement for passive ownership, offering limited insight into the company's operational status or future plans.
Risks
- The filing does not explicitly mention any new risks or challenges faced by Figure Technology Solutions Inc. or the reporting persons.
- Potential risks for investors could stem from the lack of detailed operational or strategic information within this specific filing.
Future Outlook
This filing is a Schedule 13G, which reports beneficial ownership and does not contain forward-looking statements or guidance from Figure Technology Solutions Inc.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.
Industry Context
StockSavvy.ai notes that this filing is typical for large institutional investors like FMR LLC, which passively accumulate significant stakes in publicly traded companies. The 5.3% ownership level suggests a substantial investment but not a controlling interest, aligning with the typical role of asset managers.
Related Party Transactions
- Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC.
- Members of the Johnson family are predominant owners of Series B voting common shares of FMR LLC, representing 49% of voting power.
- A shareholders' voting agreement exists among Johnson family members and other Series B shareholders regarding voting of FMR LLC shares.
Stakeholder Impact
- Shareholders of Figure Technology Solutions Inc. may view the continued investment by FMR LLC as a positive signal of institutional support.
- The passive nature of the investment by FMR LLC suggests no immediate impact on corporate control or strategic direction for Figure Technology Solutions Inc.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to hold their beneficial ownership stake in Figure Technology Solutions Inc.
- Future filings will be made if there are material changes in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of filing of Exhibit 24 to the Schedule 13G by FMR LLC. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of filing of Exhibit 24 to the Schedule 13G by FMR LLC. |
| 2026-06-30 | Date of Event Which Requires Filing of this Statement. |
| 2026-08-05 | Date of joint filing of Schedule 13G. |
Keywords
Figure Technology Solutions, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Management, Asset Management
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