Ou June 4

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.