Kgil Minchung 4
4 · Figure Technology Solutions, Inc. · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
Figure Technology (FIGR) CFO Kgil Minchung Sells Shares
What Happened
Kgil Minchung, Chief Financial Officer of Figure Technology Solutions, disposed of 4,000 shares in open-market sales on June 24, 2026, generating total proceeds of approximately $110,573. The sales were executed in three lots: 3,232 shares at a weighted average $27.40 ($88,551), 704 shares at a weighted average $28.64 ($20,165), and 64 shares at a weighted average $29.01 ($1,857). These were sales (not purchases), which are typically routine insider liquidity events.
Key Details
- Transaction date: June 24, 2026 (reported on Form 4 filed June 26, 2026) — filing appears timely.
- Lot breakdown and proceeds:
- 3,232 shares sold at $27.40 (weighted avg) for $88,551 (prices ranged $26.97–$27.91).
- 704 shares sold at $28.64 (weighted avg) for $20,165 (prices ranged $27.96–$28.94).
- 64 shares sold at $29.01 (weighted avg) for $1,857 (prices ranged $28.97–$29.08).
- Total shares sold: 4,000; total proceeds: ≈ $110,573.
- Footnotes: Sales were made pursuant to a Rule 10b5-1 trading plan adopted December 10, 2025. Reported prices are weighted averages; the filing discloses price ranges and offers to provide per-trade breakdowns on request.
- Shares owned after the transactions: not specified in the provided filing excerpt.
Context
- A 10b5-1 plan indicates the trades were pre-planned and executed according to a preset schedule or conditions, which often reduces the implication that the insider traded on material non-public information.
- These were outright sales (code S) in the open market; no option exercises, awards, or gifts were reported.
Insider Transaction Report
Form 4
Kgil Minchung
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-06-24$27.40/sh−3,232$88,551→ 504,419 total - Sale
Class A Common Stock
[F1][F3]2026-06-24$28.64/sh−704$20,165→ 503,715 total - Sale
Class A Common Stock
[F1][F4]2026-06-24$29.01/sh−64$1,857→ 503,651 total
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.97 to $27.91. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.96 to $28.94. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.97 to $29.08. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ Macrina Kgil|2026-06-26