Tannenbaum Michael Benjamin 4

What Happened Michael Benjamin Tannenbaum, CEO of Figure Technology Solutions (FIGR), had restricted stock units vest and the issuer withheld shares to satisfy tax liabilities. On 2026-07-22, 132,861 shares were withheld at an effective price of $30.04 (value ≈ $3,991,144). On 2026-07-23, 15,355 shares were withheld at $29.24 (value ≈ $448,980). Combined, 148,216 shares were withheld with an aggregate value of about $4,440,124. These transactions are tax-withholding related (code F) and are not open-market sales.

Key Details

• Transaction dates and amounts:
  • 2026-07-22: 132,861 shares withheld @ $30.04 = $3,991,144 (code F)
  • 2026-07-23: 15,355 shares withheld @ $29.24 = $448,980 (code F)
• Total shares withheld: 148,216; total value ≈ $4,440,124.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — shares withheld by the issuer to satisfy tax liability on vesting of restricted stock units (not a market sale).
• Filing: Report filed 2026-07-24 for transactions on 7/22–7/23; this appears to be timely.

Context Tax-withholding on vested RSUs is a routine administrative transaction and does not reflect an open-market sale or necessarily indicate the insider's view of the stock. Transaction code F denotes shares withheld by the company to cover tax obligations rather than shares sold into the market.