The sale was executed under a pre-arranged plan and leaves the CFO with 491,651 shares, a 0.27% stake in the company.
Figure Technology Solutions CFO Minchung Kgil sold 4,000 shares of Class A Common Stock on August 12, 2026, at a weighted average price of $30.03. The transaction was part of a Rule 10b5-1 plan adopted in December 2025 to manage personal liquidity, making it non-discretionary.
The stock closed at $30.68 on the day of the sale and rose to $31.88 by the following day. Kgil retains 491,651 shares, representing a 0.27% ownership stake in the company. Figure Technology specializes in blockchain-based financial platforms for consumer finance applications.
The sale occurred amid recent stock performance gains, with prices ranging between $30.00 and $30.06 during the transaction.