Figure Technology Solutions, Inc.: 10% owner Cagney Michael Scott sold 29,088 shares

What happened The Form 4 reports that Cagney Michael Scott, a 10% owner, had 29,088 shares withheld to satisfy tax liability on Oct 10, 2026, at $28.54 per share, for a total of $830,172. The transaction is reported as a derivative disposition under transaction code F.

Key details

• Transaction date and price: Oct 10, 2026; $28.54 per share.
• Shares involved and value: 29,088 shares withheld; $830,172 total.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — each outstanding share of Class B common stock is convertible into one share of Class A common stock and converts automatically on most transfers; F2 — the shares represent withholding to satisfy tax liability on vesting of restricted stock units and are not a market sale.
• Remarks: the reporting person does not have or share investment or voting control of previously reported children's trusts and therefore does not have a reportable pecuniary interest in those shares for Section 16 reporting purposes.
• Filing date: filed Oct 14, 2026 (period of report Oct 10, 2026).

Why it may matter

• The filing shows shares were withheld to cover tax obligations on vesting of restricted stock units rather than shares being sold on the open market.
• The reporting person is a 10% owner, indicating ownership concentration rather than an executive compensation sale.
  The filing does not show why the insider traded or why the company acted.