Figure Technology Solutions, Inc.·4

Jun 12, 4:30 PM ET

Cagney Michael Scott 4

Research Summary

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FIGR 10% Owner Cagney Michael Scott Withholds 30,370 Shares for Taxes

What Happened
Cagney Michael Scott, a reported 10% owner of Figure Technology Solutions, had 30,370 shares (Class B common stock, derivative from RSUs) withheld by the company to satisfy tax withholding on vested restricted stock units. The withholding was recorded at $28.07 per share for a total value of $852,486. This was a tax-withholding action (not an open-market sale).

Key Details

  • Transaction date: 2026-06-10; Filing date: 2026-06-12 (filed within the typical two-business-day Form 4 window).
  • Price used for withholding: $28.07 per share. Total value: $852,486.
  • Shares involved: 30,370 shares withheld (derivative shares from RSU vesting).
  • Shares owned after transaction: Not disclosed in the filing.
  • Transaction code/meaning: F = tax withholding (shares withheld by issuer to satisfy tax liability). This is not a market sale.
  • Footnotes: F1 — Class B common shares are convertible into Class A shares (convertible on holder election or automatically on transfer); F2 — confirms shares were withheld to satisfy tax liability and were not sold on the market.

Context
This was a routine tax-withholding transaction tied to RSU vesting, not a discretionary sale or purchase that signals a change in investment stance. For 10% owners and other insiders, these withholdings are common when equity awards vest and do not necessarily reflect trading intent.