Ou June 4
4 · Figure Technology Solutions, Inc. · Filed Jul 14, 2026
Research Summary
AI-generated summary of this filing
Figure (FIGR) 10% Owner Ou June Withholds 29,958 Shares for Taxes
What Happened
- Ou June, a reported 10% owner of Figure Technology Solutions, had 29,958 shares withheld by the issuer on 2026-07-10 to satisfy tax liabilities related to a derivative award (reported as code F). The shares were valued at $31.80 each, a total of approximately $952,664. This was a withholding to cover taxes on vesting—not an open-market sale.
Key Details
- Transaction date and price: 2026-07-10 at $31.80 per share
- Shares withheld / disposed: 29,958 shares; total value ≈ $952,664
- Transaction code: F — payment of exercise price or tax liability (issuer withheld shares)
- Footnotes of note:
- F2: Issuer withheld shares to satisfy tax liability on vesting of restricted stock units (explicitly not a market sale).
- F1: Class B shares are convertible to Class A (conversion mechanics noted in filing).
- F3: unrelated gift-transfer footnote in filing (not part of this withholding).
- Filing: Form 4 filed 2026-07-14; this is within the typical 2-business-day filing window for a 2026-07-10 transaction (appears timely).
- Shares owned after transaction: not specified in the provided summary of the filing.
Context
- Tax-withholding (F) transactions are routine when restricted stock units or other awards vest; they represent the company retaining shares to cover the insider’s tax bill rather than the insider selling shares on the market. Such transactions generally do not indicate a change in the insider’s market view.
- As a 10% owner, Ou June is a large insider/beneficial owner; the filing type reflects ownership class and award mechanics rather than a discretionary sale or purchase.
Insider Transaction Report
Form 4
Ou June
Director10% Owner
Transactions
- Tax Payment
Class B Common Stock
[F1][F2][F3]2026-07-10$31.80/sh−29,958$952,664→ 4,806,399 total(indirect: By Spouse)→ Class A Common Stock (29,958 underlying)
Holdings
- 31,521,107(indirect: By Trust)
Class B Common Stock
[F1][F3]→ Class A Common Stock (31,521,107 underlying) - 3,185,970(indirect: By Trust)
Class B Common Stock
[F1]→ Class A Common Stock (3,185,970 underlying) - 3,185,970(indirect: By Trust)
Class B Common Stock
[F1]→ Class A Common Stock (3,185,970 underlying)
Footnotes (3)
- [F1]Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers.
- [F2]Represents shares withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale.
- [F3]Reflects a gift transfer exempt from reporting pursuant to Rule 16a-13.
Signature
/s/ Macrina Kgil, Attorney-in-Fact|2026-07-14