Form 4: Michael Cagney Reports Tax-Related Share Withholding

Director and 10% owner Michael Cagney reported the withholding of 30,370 shares of Class B Common Stock to satisfy tax obligations.

Summary

• Michael Cagney, a director and 10% owner of Figure Technology Solutions, Inc., executed a transaction involving 30,370 shares of Class B Common Stock.
• The transaction was a mandatory tax withholding by the issuer upon the vesting of restricted stock units.
• The transaction occurred on June 10, 2026, at a price of $28.07 per share.
• Following the transaction, Cagney maintains direct ownership of 32,043,819 shares of Class B Common Stock, with additional indirect holdings through family and children's trusts.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event, as the transaction was a mandatory tax withholding rather than a voluntary divestment.

Positives

• The transaction was a routine tax withholding event rather than a discretionary market sale, indicating no change in the insider's long-term confidence in the company.

Negatives

• None identified; this is a standard administrative transaction related to equity compensation.

Risks

• The reporting person maintains significant concentration of ownership, which could influence corporate governance and strategic direction.

Future Outlook

No forward-looking guidance or strategic outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that tax-related share withholdings are standard industry practice for executives receiving equity-based compensation and do not typically signal a change in management sentiment.

Comparison to Industry Standards

• The transaction follows standard SEC reporting requirements for equity compensation vesting.
• The use of tax withholding to satisfy obligations is consistent with common corporate governance practices for publicly traded companies.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a non-market tax settlement.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Figure Technology Solutions, FIGR, Insider Trading, Form 4, Equity Compensation, Tax Withholding