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.