Figure Technology CFO Sells 8,000 Shares
Minchung Kgil executed a pre-arranged sale under a Rule 10b5-1 trading plan, retaining 483,651 shares worth ~$19 million.
Overview
Chief Financial Officer Minchung Kgil sold 8,000 shares of Figure Technology Solutions, Inc. (NASDAQ:FIGR) on Aug. 24, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($38.69); post-transaction value based on Aug. 24, 2026, market close ($38.64).
Details
Figure Technology Solutions is a specialized financial technology provider with a $9 billion market capitalization, demonstrating significant institutional adoption of its blockchain-based solutions. The company achieved TTM revenue of $609 million and net income of $237 million, reflecting a 39% net profit margin and underscoring the scalability and efficiency of its technology platform.
Source
Originally published at www.fool.com.