Ou June 4
Research Summary
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Figure Technology (FIGR) 10% Owner Ou June Receives RSU Award
What Happened Ou June, listed as a 10% owner of Figure Technology Solutions, Inc. (FIGR), was awarded 3,192 restricted stock units (RSUs) on June 4, 2026. The award was reported as an acquisition (code A) on a Form 4 at an acquisition price of $0.00 (total reported value $0). RSUs represent a contingent right to receive shares rather than an immediate cash purchase or sale.
Key Details
- Transaction date: 2026-06-04 (reported on Form 4 filed 2026-06-22).
- Amount: 3,192 RSUs; reported acquisition price $0.00 (total $0).
- Vesting/convertibility: Each RSU represents a contingent right to receive one share of Class A common stock; vests in full on the earlier of (i) the day before the next annual meeting or (ii) June 4, 2027 (per footnote).
- Shares owned after transaction: not specified in the provided filing.
- Timeliness: Form 4 was filed 18 days after the transaction date, which appears later than the typical two-business-day reporting requirement under Section 16.
Context This was an equity award (RSUs), not an open-market purchase or sale. RSUs indicate a future potential issuance of shares upon vesting and do not reflect an immediate cash investment or realization. As a 10% owner, Ou June is an insider subject to Section 16 reporting; such awards are common compensation/ownership events and should be interpreted as grant activity rather than a market sentiment buy or sell.