Kgil Minchung 4
Research Summary
AI-generated summary
Figure Technology (FIGR) CFO Kgil Minchung Sells 9,117 Shares
What Happened
Kgil Minchung, Chief Financial Officer of Figure Technology Solutions, Inc. (FIGR), sold 9,117 shares in an open-market transaction on June 15, 2026. The weighted-average price reported was $30.06 per share, for total proceeds of approximately $274,022. This was a sale (not a purchase or option exercise), which is often routine insider selling and does not by itself indicate the insider’s broader view of the company.
Key Details
- Transaction date: June 15, 2026. Filing date: June 17, 2026 (filed within the typical 2‑business‑day window; no late filing noted).
- Shares sold: 9,117; weighted-average price: $30.06; proceeds: ~$274,022.
- Price range: the filing notes multiple trades with prices ranging $30.005 to $30.12 (footnote F1); the reported price is a weighted average.
- Shares owned after the transaction: not specified in the information provided here.
- No 10b5-1 plan, gift, option exercise, or tax-withholding notation was disclosed in the provided transaction details.
Context
Sales by executives can be for many reasons (diversification, liquidity, taxes, etc.); a single sale is not definitive evidence of company prospects. This filing documents a straightforward open-market sale by the CFO. If you want the exact breakdown of how many shares were sold at each price within the stated range, the filing’s footnote (F1) says the reporting person will provide that information to the company, shareholders, or the SEC staff upon request.