Ou June 4

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.