Key facts
- This page summarizes Michael Scott Cagney's Form 4 filing for Figure Technology Solutions, Inc..
- 8 reported transactions and 9 derivative rows are listed below.
- Accepted by SEC: 12 Sep 2025, 19:20.
Michael Scott Cagney - 10 Sep 2025 Form 4 Insider Report for Figure Technology Solutions, Inc.
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- FIGR on Nasdaq, FGRS on OTC
- Reported as of
- 10 Sep 2025
- Net transaction value
- -$37,500,000
- SEC form
- 4
- Accepted by SEC
- 12 Sep 2025, 19:20:25 UTC
- Next SEC filing
- 24 Nov 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Ron Chillemi, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Michael Scott Cagney filed Form 4 for Figure Technology Solutions, Inc. on 12 Sep 2025.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$37,500,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001764897
Primary reporting owner
Cagney Michael Scott
- Relationship
- Director, 10%+ Owner
- Address
- C/O FIGURE TECHNOLOGY SOLUTIONS, INC., 100 WEST LIBERTY STREET, SUITE 600, RENO
- Signature
- /s/ Ron Chillemi, Attorney-in-Fact
- Signature date
- 12 Sep 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FIGR
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,500,000
- Change %
- Price
- Shares after
- 1,500,000
- Date
- 12 Sep 2025
- Ownership
- By Family Trust
- Footnotes
- F1
FIGR
transaction
Class A Common Stock
Sale
- Transaction value
- $37,500,000
- Shares
- -1,500,000
- Change %
- -100%
- Price
- $25.00
- Shares after
- 0
- Date
- 12 Sep 2025
- Ownership
- By Family Trust
FIGR
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,878,993
- Date
- 10 Sep 2025
- Ownership
- By Spouse
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FIGR
transaction
Derivative
Stock Option
Award
- Transaction value
- $0
- Shares
- +3,200,942
- Change %
- Price
- $0.000000
- Shares after
- 3,200,942
- Date
- 10 Sep 2025
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 3,200,942
- Exercise price
- $25.00
- Footnotes
- F2
FIGR
transaction
Derivative
Series Seed Preferred Stock
Conversion of derivative security
- Transaction value
- Shares
- -4,750,187
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 12 Sep 2025
- Ownership
- By Family Trust
- Underlying class
- Class B Common Stock
- Underlying amount
- 4,750,187
- Exercise price
- Footnotes
- F1
FIGR
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +4,750,187
- Change %
- +447%
- Price
- Shares after
- 5,813,645
- Date
- 12 Sep 2025
- Ownership
- By Family Trust
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,750,187
- Exercise price
- Footnotes
- F3
FIGR
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- -1,500,000
- Change %
- -26%
- Price
- Shares after
- 4,313,645
- Date
- 12 Sep 2025
- Ownership
- By Family Trust
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,500,000
- Exercise price
- Footnotes
- F3
FIGR
transaction
Derivative
Class B Common Stock
Award
- Transaction value
- $0
- Shares
- +3,200,942
- Change %
- +13%
- Price
- $0.000000
- Shares after
- 28,171,392
- Date
- 12 Sep 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,200,942
- Exercise price
- Footnotes
- F3, F4
FIGR
transaction
Derivative
Class B Common Stock
Award
- Transaction value
- $0
- Shares
- +2,133,961
- Change %
- +7.6%
- Price
- $0.000000
- Shares after
- 30,305,353
- Date
- 12 Sep 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,133,961
- Exercise price
- Footnotes
- F3, F5
FIGR
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,237,012
- Date
- 10 Sep 2025
- Ownership
- By Rockfish LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,237,012
- Exercise price
- Footnotes
- F3
FIGR
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,185,970
- Date
- 10 Sep 2025
- Ownership
- By Children's Trust 1
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,185,970
- Exercise price
- Footnotes
- F3
FIGR
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,185,970
- Date
- 10 Sep 2025
- Ownership
- By Children's Trust 2
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,185,970
- Exercise price
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer held by the Family Trust automatically converted into one share of Class A Common Stock, which was immediately exchanged for one share of Class B Common Stock.
Footnote F2
The option vests with respect to one quarter of the underlying shares on September 10, 2026, and vests with respect to the remaining shares in 36 monthly installments thereafter.
Footnote F3
Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers.
Footnote F4
Represents an award of restricted stock units ("RSUs"), which vests with respect to one quarter of the underlying shares on September 10, 2026, and vest with respect to the remaining shares in 36 monthly installments thereafter. Each RSU represents a contingent right to receive one share of Class B Common Stock.
Footnote F5
Represents an award of RSUs, which vests in four annual installments beginning on September 10, 2026, subject to the achievement of certain stock price thresholds ranging from $32.50 to $63.00, measured based on the average price per share of the Class A Common Stock over certain trading periods. Each RSU represents a contingent right to receive one share of Class B Common Stock.