Kgil Minchung 4
4 · Figure Technology Solutions, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Figure (FIGR) CFO Kgil Minchung Sells 8,000 Shares
What Happened
Kgil Minchung, Chief Financial Officer of Figure Technology Solutions, sold a total of 8,000 common shares on March 24, 2026, in three open-market transactions. The sales were: 1,589 shares at a weighted average price of $32.70 ($51,965), 6,111 shares at $33.66 ($205,668), and 300 shares at $34.19 ($10,258), for combined proceeds of $267,891. These were sales (not purchases) and were executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: March 24, 2026; Form 4 filed March 26, 2026 (appears timely).
- Breakdown:
- 1,589 shares — weighted avg $32.70 (prices ranged $32.14–$33.13). (Footnote F2)
- 6,111 shares — weighted avg $33.66 (prices ranged $33.14–$34.08). (Footnote F3)
- 300 shares — weighted avg $34.19 (prices ranged $34.14–$34.24). (Footnote F4)
- All sales were effected pursuant to a Rule 10b5-1 trading plan adopted December 10, 2025. (Footnote F1)
- The reporting person has committed to provide per-price details on request (per footnotes).
- Shares owned after the transaction are not included in the excerpt provided here — see the full Form 4 for post-sale holdings.
Context
- Sales made under a Rule 10b5-1 plan are prearranged and commonly used by insiders to systematically sell shares; they do not necessarily indicate a change in the insider’s view of the company.
- For retail investors, purchases generally carry more weight as a bullish signal; routine, pre-planned sales like these are common liquidity events for insiders.
Insider Transaction Report
Form 4
Kgil Minchung
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-03-24$32.70/sh−1,589$51,965→ 562,509 total - Sale
Class A Common Stock
[F1][F3]2026-03-24$33.66/sh−6,111$205,668→ 556,398 total - Sale
Class A Common Stock
[F1][F4]2026-03-24$34.19/sh−300$10,258→ 556,098 total
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.14 to $33.13. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.14 to $34.08. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.14 to $34.24. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ Ronald Chillemi, Attorney-in-Fact|2026-03-26