Ou June 4
4 · Figure Technology Solutions, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Figure (FIGR) 10% Owner Ou June Sells Shares
What Happened
Ou June, a reported 10% owner of Figure Technology Solutions, converted 67,840 derivative securities (per F1, Class B → Class A conversion) and sold a total of 67,840 Class A shares in open-market transactions on April 15, 2026. The sales were executed under a pre-established Rule 10b5-1 trading plan (adopted 12/12/2025, per F2). The three tranches sold and proceeds: 14,121 shares at a weighted average $33.85 for $477,961; 26,158 shares at a weighted average $35.14 for $919,250; and 27,561 shares at a weighted average $35.93 for $990,344 — total proceeds ≈ $2,387,555. A conversion/disposition of 67,840 derivative shares is also reported (listed with $0 proceeds for the derivative conversion).
Key Details
- Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (filed two days after the transactions).
- Sales (weighted averages and reported price ranges):
- 14,121 shares @ $33.85 (range $33.56–$34.395) — $477,961 (F3)
- 26,158 shares @ $35.14 (range $34.595–$35.58) — $919,250 (F4)
- 27,561 shares @ $35.93 (range $35.605–$36.35) — $990,344 (F5)
- Total shares sold: 67,840; total cash proceeds ≈ $2,387,555.
- Derivative activity: conversion of 67,840 derivative securities to common (per F1); one derivative-line shows a $0.00 disposition related to that conversion.
- Plan/notes: Sales were made under a Rule 10b5-1 plan (F2). Weighted-average pricing reported; breakdown of exact share counts at each price within ranges available upon request (F3–F5).
- Shares owned after transaction: not specified in the provided filing details.
- No indication in the filing that these were gifts or tax-withholding related; F6 notes some shares reflected as acquired under Rule 16a-9 exemption.
Context
As a 10% owner (not necessarily an executive), Ou June is a large shareholder; preplanned 10b5-1 sales reduce the signal such sales alone provide about insider sentiment. The filing shows a conversion of derivative (likely Class B) shares to Class A common and contemporaneous open-market sales of those Class A shares. Purchases generally carry more bullish informational weight than routine sales under trading plans.
Insider Transaction Report
- Conversion
Class A Common Stock
[F1]2026-04-15+67,840→ 67,840 total(indirect: By Spouse) - Sale
Class A Common Stock
[F2][F3]2026-04-15$33.85/sh−14,121$477,961→ 53,719 total(indirect: By Spouse) - Sale
Class A Common Stock
[F2][F4]2026-04-15$35.14/sh−26,158$919,250→ 27,561 total(indirect: By Spouse) - Sale
Class A Common Stock
[F2][F5]2026-04-15$35.93/sh−27,561$990,344→ 0 total(indirect: By Spouse) - Conversion
Class B Common Stock
[F1]2026-04-15−67,840→ 29,903,863 total(indirect: By Spouse)→ Class A Common Stock (67,840 underlying)
- 6,128,993
Class A Common Stock
- 17,661(indirect: By Trust)
Class A Common Stock
[F6] - 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 (6)
- [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]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.56 to $34.395. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.595 to $35.58. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.605 to $36.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F6]Reflects shares acquired in a transaction exempt from reporting pursuant to Rule 16a-9.