Cagney Michael Scott 4

What Happened
Cagney Michael Scott, reported as a 10% owner of Figure Technology Solutions, paid tax withholding related to a derivative award: 33,286 shares were withheld (disposed) at an effective per-share value of $35.07, for a notional value of about $1,167,340. This was a tax-withholding/settlement action on equity compensation (not an open-market sale or new purchase).

Key Details

• Transaction date: 2026-03-13; Filing date: 2026-03-17 (timely).
• Shares affected: 33,286 shares withheld; per-share value shown $35.07; total $1,167,340.
• Transaction code: F (tax withholding related to derivative/RSU vesting). This is not a market sale.
• Shares owned after transaction: not specified in the Form 4 filing.
• Relevant footnotes: F1 – Class B shares convertible to Class A on transfer; F2 – shares were withheld by the issuer to satisfy tax liability on RSU vesting.

Context
This was an administrative tax-withholding event tied to equity compensation (derivative/RSU vesting), where the company retained shares to cover taxes rather than shares being sold on the open market. As a reported 10% owner, Scott’s holdings are significant, and footnotes indicate standard conversion rights between Class B and Class A shares. Such withholding transactions are routine and do not necessarily indicate a change in the insider’s view of the company.