Ou June 4
4 · Figure Technology Solutions, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
FIGR 10% Owner Ou June Withholds 30,370 Shares for Taxes
What Happened
- Ou June, a 10% owner of Figure Technology Solutions, Inc. (FIGR), had 30,370 shares withheld on 2026-06-10 to satisfy tax liability related to the vesting of restricted stock units (reported as a derivative transaction). The withheld shares were valued at $28.07 each, totaling approximately $852,486.
- This was a tax-withholding disposition (transaction code F), not an open-market sale — shares were surrendered to the issuer to cover taxes.
Key Details
- Transaction date: 2026-06-10; Price per share: $28.07; Total value: ~$852,486.
- Shares withheld/disposed: 30,370.
- Transaction type/code: F (payment of exercise price or tax liability — here used to satisfy taxes on RSU vesting).
- Footnotes: F2 clarifies the shares were withheld by the issuer to satisfy tax liability on RSU vesting and were not a market sale. F1 notes Class B common shares are convertible into Class A shares; conversion rules apply.
- Shares owned after the transaction: not specified in the filing.
- Filing date: 2026-06-12 (report period 2026-06-10). No late-filing indication in the report.
Context
- Tax-withholding (code F) is a routine administrative step when restricted stock units vest and does not reflect an insider's decision to sell shares in the market.
- As a 10% owner, Ou June's holdings trigger Section 16 reporting requirements; this transaction simply documents the tax withholding associated with equity compensation.
Insider Transaction Report
Form 4
Ou June
Director10% Owner
Transactions
- Tax Payment
Class B Common Stock
[F1][F2]2026-06-10$28.07/sh−30,370$852,486→ 32,043,819 total(indirect: By Spouse)→ Class A Common Stock (30,370 underlying)
Holdings
- 4,313,645(indirect: By Trust)
Class B Common Stock
[F1]→ Class A Common Stock (4,313,645 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 (2)
- [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]Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.
Signature
/s/ Macrina Kgil, Attorney-in-Fact|2026-06-12