Minchung Kgil, Chief Financial Officer of Figure Technology Solutions, Inc., filed a statement of changes in beneficial ownership on September 4, 2026, reporting a transaction dated September 2, 2026, involving Class A Common Stock.

Key Highlights

  • Reporting person: Minchung Kgil, Chief Financial Officer of Figure Technology Solutions, Inc.
  • Transaction type: 23,330 shares of Class A Common Stock disposed of under transaction code "F" at a price of $33.19 per share on September 2, 2026.
  • Purpose of transaction: According to the filing, the shares were "withheld by the Issuer to satisfy tax liability on vesting of restricted stock units. Not a market sale."
  • Resulting ownership: Following the transaction, Kgil directly beneficially owned 460,321 shares of Class A Common Stock.
  • Issuer and ticker: Figure Technology Solutions, Inc., trading on NASDAQ:FIGR.

CFO Share Withholding at Figure Technology Solutions on RSU Vesting

According to the filing, Minchung Kgil, who serves as Chief Financial Officer of Figure Technology Solutions, Inc., reported the disposition of 23,330 shares of Class A Common Stock on September 2, 2026. The transaction was recorded under code "F," which the filing's footnote clarifies represents shares withheld by the issuer to cover tax obligations arising from the vesting of restricted stock units, and explicitly notes this was "not a market sale." The per-share price associated with the withholding was $33.19.

Figure Technology Solutions, Inc., listed on NASDAQ under the ticker FIGR, is the issuer identified in the filing. Kgil's mailing address on the filing is listed as 100 West Liberty Street, Suite 600, Reno, Nevada 89501, in care of Figure Technology Solutions, Inc. Following the reported transaction, Kgil's direct beneficial ownership of Class A Common Stock stood at 460,321 shares, according to the filing. No derivative securities transactions were reported in Table II of the filing.

The filing was signed as "/s/ Macrina Kgil" and dated September 4, 2026, the same date it was filed with the Securities and Exchange Commission pursuant to Section 16(a) of the Securities Exchange Act of 1934. The filing indicates this was made by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

The filing disclosed that Figure Technology Solutions CFO Minchung Kgil had 23,330 shares of Class A Common Stock withheld by the issuer on September 2, 2026, at $33.19 per share to satisfy taxes on vesting restricted stock units, leaving a direct beneficial ownership of 460,321 shares.