Figure (FIGR) 10% Owner Ou June Withholds 263,910 Shares for Taxes

What Happened
Ou June, a 10% owner of Figure Technology Solutions (FIGR), had 263,910 shares withheld by the company on September 10, 2026 to satisfy tax liabilities tied to vested restricted stock units (RSUs). The withheld shares are recorded at $36.57 per share, for a total value of approximately $9,651,189. This was a tax-withholding (code F) transaction — not an open-market sale.

Key Details

• Transaction date: 2026-09-10; Filing date: 2026-09-14 (appears timely — within two business days).
• Shares withheld: 263,910 at $36.57 per share; total value ~$9,651,189.
• Transaction code: F (shares withheld to satisfy tax liability on vesting of RSUs). Not a market sale.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — Class B shares are convertible into Class A shares (conversion rules noted). F2 — confirms shares were withheld to cover taxes, not sold in the market.
• Reporting remark: Ou June states they do not have or share investment/voting control of certain previously reported children’s trusts and thus have no reportable pecuniary interest in those trust shares for Section 16 purposes.

Context
This was a routine tax-withholding transaction arising from RSU vesting (a common administrative event). It does not indicate a purchase or a discretionary sale by the insider. For retail investors, purchases tend to signal stronger insider conviction; tax-withholding actions like this are administrative and should not be interpreted as a sentiment signal.