Figure Technology Solutions, Inc.·4

Jun 12, 4:30 PM ET

Ou June 4

Research Summary

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Updated

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.