Tannenbaum Michael Benjamin 4
4 · Figure Technology Solutions, Inc. · Filed Sep 16, 2025
Insider Transaction Report
Form 4
Tannenbaum Michael Benjamin
DirectorChief Executive Officer
Transactions
- Sale
Class A Common Stock
2025-09-12$25.00/sh−297,171$7,429,275→ 4,092,576 total - Tax Payment
Class A Common Stock
2025-09-12$25.00/sh−736,790$18,419,750→ 4,389,747 total - Award
Stock Option
2025-07-31+530,135→ 530,135 totalExercise: $10.51Exp: 2035-07-31→ Class A Common Stock (530,135 underlying) - Conversion
Class A Common Stock
2025-09-12+8,263→ 5,126,537 total - Conversion
Series C-1 Preferred Stock
2025-09-12−8,263→ 0 total→ Class A Common Stock (8,263 underlying)
Footnotes (4)
- [F1]Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer automatically converted into one share of Class A Common Stock.
- [F2]Represents shares withheld to satisfy tax obligations in connection with vesting of the Reporting Person's restricted stock units. Not a market sale.
- [F3]This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering, and is reported herein pursuant to Rule 16a-2(a).
- [F4]The option vested with respect to one quarter of the underlying shares on April 23, 2025, and vests with respect to the remaining shares in 36 monthly installments thereafter.