Figure Technology Solutions, Inc.·4

Mar 12, 7:40 PM ET

Jaitly Sachin Chand 4

Research Summary

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Figure (FIGR) Director Sachin Jaitly Sells Shares

What Happened
Sachin Jaitly, a director of Figure Technology Solutions, sold a total of 216,713 shares of the company's Class A common stock in open-market/private transactions on March 10, 2026, for aggregate proceeds of approximately $7,289,830. The reported disposals break down as: 156,947 shares at a weighted avg $33.50 ($5.26M); 28,795 shares at $34.38 ($990K); 26,170 shares at $33.50 ($876.7K); and 4,801 shares at $34.38 ($165.1K). All reported transactions are sales (code S).

Key Details

  • Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears timely under the two-business-day rule).
  • Reported total shares sold: 216,713; reported total proceeds: ~$7.29 million.
  • Prices: some sales reported as weighted averages with price ranges of $33.00–$33.98 and $34.00–$34.76 (filing offers to provide per-price breakdowns on request).
  • Shares owned after the transaction: Not specified in this Form 4.
  • Notable footnotes: The filing notes that Tessera Venture Capital funds (for which Jaitly is a managing partner) were sellers of some shares; an ethical wall is stated that limits his involvement with those funds and he disclaims beneficial ownership except to the extent of any pecuniary interest. The Tessera funds held zero shares of Figure after these sales.

Context
These are straight sales (not purchases, option exercises, gifts, or awards). Sales by insiders can be routine (liquidity, portfolio management, or other personal reasons) and do not by themselves indicate company performance; the filing is factual about numbers, prices and the Tessera fund relationship but does not state the seller’s motive.