Kgil Minchung 4

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.