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Figure Technology Solutions, Inc. — Director's Dealing 2025
Sep 12, 2025
30734_dirs_2025-09-12_1b7c2d74-0dca-4efb-9c07-416ef5d320cb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Figure Technology Solutions, Inc. (FIGR)
CIK: 0002064124
Period of Report: 2025-09-10
Reporting Person: Cagney Michael Scott (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-09-12 | Class A Common Stock | C | 1500000 | — | Acquired | 1500000 | Indirect |
| 2025-09-12 | Class A Common Stock | S | 1500000 | $25 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-09-10 | Stock Option | $25 | A | 3200942 | Acquired | 2035-09-10 | Class B Common Stock (3200942) | Direct |
| 2025-09-12 | Series Seed Preferred Stock | $ | C | 4750187 | Disposed | Class B Common Stock (4750187) | Indirect | |
| 2025-09-12 | Class B Common Stock | $ | C | 4750187 | Acquired | Class A Common Stock (4750187) | Indirect | |
| 2025-09-12 | Class B Common Stock | $ | C | 1500000 | Disposed | Class A Common Stock (1500000) | Indirect | |
| 2025-09-12 | Class B Common Stock | $ | A | 3200942 | Acquired | Class A Common Stock (3200942) | Direct | |
| 2025-09-12 | Class B Common Stock | $ | A | 2133961 | Acquired | Class A Common Stock (2133961) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 6878993 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (2237012) | 2237012 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (3185970) | 3185970 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (3185970) | 3185970 | Indirect |
Footnotes
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.
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.
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.
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.
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.