Figure Technology CFO Sells 8,000 Shares
Minchung Kgil, Chief Financial Officer of Figure Technology Solutions (NASDAQ: FIGR), sold 8,000 shares on August 24, 2026. The transaction was executed under a Rule 10b5-1 trading plan and totaled $309,520 at an average price of $38.69 per share. Following the sale, Kgil retained direct ownership of 483,651 shares, representing approximately 0.26% of outstanding stock with a market value near $19 million as of August 24’s close ($38.64). The company reported TTM revenue of $608.8 million and net income of $237.4 million. The transaction is not expected to raise concerns for investors, given its small size relative to the insider's remaining stake and compliance with a pre-established trading plan.
Tickers: $FIGR