A Form 4 filed on August 14, 2026 with the U.S. Securities and Exchange Commission discloses that Minchung Kgil, Chief Financial Officer of Figure Technology Solutions, Inc. (NASDAQ:FIGR), sold 4,000 shares of Class A Common Stock on August 12, 2026 under a pre-established Rule 10b5-1 trading plan.
Key Highlights
- Reporting person: Minchung Kgil, Chief Financial Officer of Figure Technology Solutions, Inc.
- Transaction: Disposition (code S) of 4,000 shares of Class A Common Stock on August 12, 2026.
- Weighted average price: $30.0292 per share, with individual sales ranging from $30.00 to $30.06.
- Post-transaction ownership: 491,651 shares of Class A Common Stock held directly following the reported sale.
- 10b5-1 plan: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
CFO Kgil's Share Sale at Figure Technology Solutions
According to the Form 4 filing, Minchung Kgil, serving as Chief Financial Officer of Figure Technology Solutions, Inc., disposed of 4,000 shares of Class A Common Stock on August 12, 2026. The filing indicates the transaction was executed under transaction code "S," representing an open-market sale. The reported weighted average price was $30.0292 per share, and the filing notes the shares were sold across multiple transactions at prices ranging from $30.00 to $30.06.
The filing discloses that the sales were carried out pursuant to a Rule 10b5-1 trading plan that Kgil adopted on December 10, 2025. The Form 4 also notes that, upon request, Kgil undertakes to provide the issuer, any security holder of the issuer, or SEC staff with full information regarding the number of shares sold at each separate price within the stated range. Following the reported transaction, the filing states that Kgil directly holds 491,651 shares of Class A Common Stock.
No derivative securities transactions were reported in Table II of this filing. The Form 4 was signed by Macrina Kgil and submitted on August 14, 2026. The issuer is identified in the filing as Figure Technology Solutions, Inc., trading on NASDAQ under the symbol FIGR.
What Was Disclosed
Figure Technology Solutions CFO Minchung Kgil reported the sale of 4,000 shares of Class A Common Stock on August 12, 2026, at a weighted average price of $30.0292, under a pre-adopted Rule 10b5-1 plan, leaving a direct holding of 491,651 shares.




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