Kgil Minchung 4

What Happened
Kgil Minchung, Chief Financial Officer of Figure Technology Solutions, sold a total of 8,000 common shares on March 24, 2026, in three open-market transactions. The sales were: 1,589 shares at a weighted average price of $32.70 ($51,965), 6,111 shares at $33.66 ($205,668), and 300 shares at $34.19 ($10,258), for combined proceeds of $267,891. These were sales (not purchases) and were executed under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: March 24, 2026; Form 4 filed March 26, 2026 (appears timely).
• Breakdown:
  • 1,589 shares — weighted avg $32.70 (prices ranged $32.14–$33.13). (Footnote F2)
  • 6,111 shares — weighted avg $33.66 (prices ranged $33.14–$34.08). (Footnote F3)
  • 300 shares — weighted avg $34.19 (prices ranged $34.14–$34.24). (Footnote F4)
• All sales were effected pursuant to a Rule 10b5-1 trading plan adopted December 10, 2025. (Footnote F1)
• The reporting person has committed to provide per-price details on request (per footnotes).
• Shares owned after the transaction are not included in the excerpt provided here — see the full Form 4 for post-sale holdings.

Context

• Sales made under a Rule 10b5-1 plan are prearranged and commonly used by insiders to systematically sell shares; they do not necessarily indicate a change in the insider’s view of the company.
• For retail investors, purchases generally carry more weight as a bullish signal; routine, pre-planned sales like these are common liquidity events for insiders.