Kgil Minchung 4
4 · Figure Technology Solutions, Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Figure Tech (FIGR) CFO Kgil Minchung Sells 8,000 Shares
What Happened
Kgil Minchung, Chief Financial Officer of Figure Technology Solutions, Inc. (FIGR), sold 8,000 shares in an open-market transaction on April 24, 2026. The reported weighted-average price was $32.25, with individual trade prices ranging from $31.83 to $32.511, for aggregate proceeds of $257,980. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-04-24; Form 4 filed: 2026-04-27 (timely filing).
- Shares sold: 8,000; weighted-average price: $32.25; price range: $31.83–$32.511.
- Total proceeds reported: $257,980.
- Footnote F1: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
- Footnote F2: The price is a weighted average; the filer can provide the exact number of shares sold at each price on request.
- Shares owned after the transaction: not specified in the summary provided (check the Form 4 for post-transaction holdings).
Context
Sales executed under a pre-established 10b5-1 plan are typically scheduled transactions that insiders set up in advance; they do not by themselves indicate the insider’s current view on the company. For retail investors, purchases are often interpreted as a stronger signal than routine sales, but this filing should be seen as factual reporting of a planned disposal rather than evidence of a specific motive.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-04-24$32.25/sh−8,000$257,980→ 548,098 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.83 to $32.511. 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.