Form 4 for FIGR Figure Technology Solutions, Inc.
Accepted 2025-09-12 00:00:00 ET · period of report 2025-09-10 · accession 0001628280-25-042017 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-09-12 | 2025-09-12 | FIGR | Cagney Michael Scott | Dir, 10% | C - Cnv Deriv | — | +1.50M | 1.50M | New | — |
| DI | 2025-09-12 | 2025-09-12 | FIGR | Cagney Michael Scott | Dir, 10% | S - Sale | $25.00 | -1.50M | 0 | -100% | -$37.50M |
| DM | 2025-09-12 | 2025-09-10+ | FIGR | Cagney Michael Scott | Dir, 10% | A - Grant | $0.00 | +8.54M | 3.20M | New | $0 |
| DMI | 2025-09-12 | 2025-09-12 | FIGR | Cagney Michael Scott | Dir, 10% | C - Cnv Deriv | — | -1.50M | 4.31M | -26% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-09-12 | C | A | 1,500,000 | — | 1,500,000 | I By Family Trust | — | — | (F1) Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer held by the Family Trust automatically converted into one share of Class A Common Stock, which was immediately exchanged for one share of Class B Common Stock. |
| 2 | Common | Class A Common Stock | 2025-09-12 | S | D | 1,500,000 | $25.00 | 0 | I By Family Trust | — | — | |
| 3 | Derivative | Class B Common Stock | 2025-09-12 | A | A | 2,133,961 | $0.00 | 30,305,353 | D | — · — to — | 2,133,961 Class A Common Stock | (F5) Represents an award of RSUs, which vests in four annual installments beginning on September 10, 2026, subject to the achievement of certain stock price thresholds ranging from $32.50 to $63.00, measured based on the average price per share of the Class A Common Stock over certain trading periods. Each RSU represents a contingent right to receive one share of Class B Common Stock. (F3) Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers. |
| 4 | Derivative | Class B Common Stock | 2025-09-12 | A | A | 3,200,942 | $0.00 | 28,171,392 | D | — · — to — | 3,200,942 Class A Common Stock | (F4) Represents an award of restricted stock units ("RSUs"), which vests with respect to one quarter of the underlying shares on September 10, 2026, and vest with respect to the remaining shares in 36 monthly installments thereafter. Each RSU represents a contingent right to receive one share of Class B Common Stock. (F3) Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers. |
| 5 | Derivative | Class B Common Stock | 2025-09-12 | C | A | 4,750,187 | — | 5,813,645 | I By Family Trust | — · — to — | 4,750,187 Class A Common Stock | (F3) Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers. |
| 6 | Derivative | Series Seed Preferred Stock | 2025-09-12 | C | D | 4,750,187 | — | 0 | I By Family Trust | — · — to — | 4,750,187 Class B Common Stock | (F1) Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer held by the Family Trust automatically converted into one share of Class A Common Stock, which was immediately exchanged for one share of Class B Common Stock. |
| 7 | Derivative | Stock Option | 2025-09-10 | A | A | 3,200,942 | $0.00 | 3,200,942 | D By Family Trust | $25.00 · — to 2035-09-10 | 3,200,942 Class B Common Stock | (F2) The option vests with respect to one quarter of the underlying shares on September 10, 2026, and vests with respect to the remaining shares in 36 monthly installments thereafter. |
| 8 | Derivative | Class B Common Stock | 2025-09-12 | C | D | 1,500,000 | — | 4,313,645 | I | — · — to — | 1,500,000 Class A Common Stock | (F3) Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers. |