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 ownership of approximately 483,651 shares valued around $19 million as of August 24’s market close. The stock closed higher on the day after the transaction at $41.14. The company reported a trailing twelve-month revenue of $608.8 million and net income of $237.4 million, with a strong profit margin of nearly 39%. Figure Technology specializes in blockchain-based solutions for consumer finance operations. Analysts suggest the sale is not indicative of negative sentiment toward the company’s fundamentals but rather part of standard financial planning by insiders.
Tickers: $FIGR