Ou June 4
4 · Figure Technology Solutions, Inc. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
FIGR 10% Owner Ou June Withholds 32,247 Shares for Taxes
What Happened Ou June, a declared 10% owner of Figure Technology Solutions, had 32,247 shares withheld by the issuer on April 10, 2026 to satisfy a tax liability tied to vested restricted stock units. The shares were valued at $34.08 each, for a total withholding value of approximately $1,098,978. This was a tax-withholding transaction (code F) related to a derivative award, not an open-market sale.
Key Details
- Transaction date: 2026-04-10; Filing date: 2026-04-14 (filed within the two-business-day Form 4 deadline).
- Withheld shares: 32,247 at $34.08 per share; total value ≈ $1,098,978.
- Transaction code: F — shares withheld to satisfy tax liability on RSU vesting (cashless withholding), per footnote F2. Not a market sale.
- Security type: Derivative/RSU-related (vesting triggered issuance and withholding).
- Post-transaction holdings: Not specified in the provided filing excerpt.
- Footnote F1: Class B common shares are convertible into Class A common shares (conversion triggered on transfer except for certain permitted transfers).
Context This is a routine tax-withholding action tied to equity compensation (restricted stock units) and does not represent an intentional buy or sell decision in the market. For retail investors, purchases or open-market sales by insiders often carry clearer signals; tax-withholdings on vesting are standard and typically do not indicate a change in insider sentiment.
Insider Transaction Report
- Tax Payment
Class B Common Stock
[F1][F2]2026-04-10$34.08/sh−32,247$1,098,978→ 29,971,703 total(indirect: By Spouse)→ Class A Common Stock (32,247 underlying)
- 4,313,645(indirect: By Trust)
Class B Common Stock
[F1]→ Class A Common Stock (4,313,645 underlying) - 2,237,012(indirect: By LLC)
Class B Common Stock
[F1]→ Class A Common Stock (2,237,012 underlying) - 3,185,970(indirect: By Trust)
Class B Common Stock
[F1]→ Class A Common Stock (3,185,970 underlying) - 3,185,970(indirect: By Trust)
Class B Common Stock
[F1]→ Class A Common Stock (3,185,970 underlying)
Footnotes (2)
- [F1]Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers.
- [F2]Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.