Tannenbaum Michael Benjamin 4

What Happened

• Michael Benjamin Tannenbaum, CEO of Figure Technology Solutions, had 132,861 shares withheld by the company to satisfy tax withholding on vesting restricted stock units. The shares are reported at $32.22 each, a total value of $4,280,781. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-04-23
• Price used for valuation: $32.22 per share
• Shares involved: 132,861 withheld; total value reported $4,280,781
• Transaction code / type: F (shares withheld to satisfy tax liability on RSU vesting)
• Footnote: F1 clarifies this was withholding by the issuer to satisfy taxes — not a market sale
• Filing: Report filed 2026-04-27 (timely based on a 2-business-day Form 4 window)
• Shares owned after transaction: Not specified in the provided filing excerpt
• No 10b5-1 plan or other trading plan was indicated in the excerpt

Context

• This is a routine tax-withholding event tied to vested RSUs (a cashless/withholding method) rather than a discretionary sale, so it does not necessarily indicate the CEO’s view of the company’s prospects. Purchases or open-market sales generally carry more direct interpretive value for investor sentiment.