Boyden Adam Gilbert 4

What Happened Adam Boyden (Director) reported a disposition on 2026-03-09 of 3,811,094 shares of Figure Technology Solutions, Inc. (FIGR). The shares were distributed pro rata to members for no consideration (price $0.00, total proceeds $0) — this was a distribution, not an open‑market sale, and thus does not represent a cash sale.

Key Details

• Transaction date: 2026-03-09; Form 4 filed: 2026-03-11 (timely).
• Transaction type/code: Other acquisition/disposition (Code J) — pro rata distribution for no consideration (Footnote F1).
• Shares disposed: 3,811,094; Price: $0.00; Reported proceeds: $0.
• Shares owned after transaction (per filing/footnote F3): 2,840,064 total (408,643 by RPM III, 1,440,363 by BGW III, 991,058 by RPM IV).
• Footnote highlights:
  • F1: Distribution was pro rata to members; not a market sale.
  • F2: Holdings are held through multiple venture entities; the Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F4: Some shares referenced were acquired in transactions exempt from reporting under Rule 16a‑9 and 16a‑13.
• Filing timeliness: Filed two days after the transaction (within the usual Form 4 reporting window).

Context This was a non‑market distribution (a transfer to members) rather than a sale for cash, so it should not be read as a direct market sell signal. For retail investors, purchases or open‑market insider buys tend to be more informative than distributions or internal transfers; this entry mainly documents a reallocation through entity arrangements described in the footnotes.