Kgil Minchung 4
Research Summary
AI-generated summary
Figure Technology (FIGR) CFO Kgil Minchung Sells 4,000 Shares
What Happened
Kgil Minchung, Chief Financial Officer of Figure Technology Solutions, sold 4,000 shares of FIGR stock on June 30, 2026. The transaction was an open‑market sale (code S) with a weighted average price of $30.03 per share, for total proceeds of approximately $120,130. This sale was carried out under a pre‑arranged Rule 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-02). Appears timely (Form 4s are generally due within two business days).
- Shares sold: 4,000; weighted average price: $30.03; total proceeds: ~$120,130.
- Price range: shares were sold in multiple trades at $30.00–$30.07 (reporting person can provide per‑price breakdown on request).
- Transaction code: S = Sale.
- Footnote: Sales were effected pursuant to a Rule 10b5‑1 plan adopted December 10, 2025.
- Shares owned after transaction: not specified in the summary provided—see the full Form 4 for post‑transaction holdings.
Context
Sales executed under a Rule 10b5‑1 plan are pre‑arranged and typically scheduled in advance, so they do not necessarily reflect the insider’s current view of the company. For further details (exact per‑trade prices, shareholdings after the sale, or the 10b5‑1 plan terms), consult the full SEC Form 4 filing (Accession: 0001493152-26-031910).