Ou June 4

What Happened

• Ou June, a 10% owner of Figure Technology Solutions, had 33,286 shares withheld by the company to satisfy tax liability on the vesting of restricted stock units (RSUs). The withholding was recorded at $35.07 per share, totaling approximately $1,167,340. This was a tax-withholding disposition of derivative shares, not an open-market sale.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (appears timely).
• Withheld shares: 33,286 at $35.07 per share; total value ≈ $1,167,340.
• Transaction code: F (payment of exercise price or tax liability — here used for tax withholding on RSU vesting).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes:
  • F1: Class B common shares are convertible into Class A common shares at the holder’s option and convert automatically on most transfers.
  • F2: Shares were withheld by the issuer to satisfy tax liabilities on vesting — this is not a market sale.

Context

• This was a cashless tax-withholding action tied to RSU vesting, a routine administrative step that reduces the insider’s reported share count but does not indicate a public sale or change in investment stance.
• As a 10% owner, Ou June’s holdings can include different share classes (see F1); withholding of shares for taxes is common and shouldn’t be interpreted as a traditional sale signal.