Michael Benjamin Tannenbaum - 31 Jul 2025 Form 4 Insider Report for Figure Technology Solutions, Inc.

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: FIGR on Nasdaq, FGRS on OTC
Reported as of: 31 Jul 2025
Net transaction value: -$25,849,025
SEC form: 4
Accepted by SEC: 16 Sep 2025, 19:13:17 UTC
Next SEC filing: 10 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Ronald Chillemi, Attorney-in-Fact

Key filing fact

Michael Benjamin Tannenbaum filed Form 4 for Figure Technology Solutions, Inc. on 16 Sep 2025.

Key facts

This page summarizes Michael Benjamin Tannenbaum's Form 4 filing for Figure Technology Solutions, Inc..
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 16 Sep 2025, 19:13.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$25,849,025.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002079716 Primary reporting owner

Tannenbaum Michael Benjamin

Relationship: Chief Executive Officer, Director
Address: C/O FIGURE TECHNOLOGY SOLUTIONS, INC., 100 WEST LIBERTY STREET, SUITE 600, RENO
Signature: /s/ Ronald Chillemi, Attorney-in-Fact
Signature date: 16 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: +8,263
Change %: +0.16%
Price
Shares after: 5,126,537
Date: 12 Sep 2025
Ownership: Direct
Footnotes: F1

FIGR transaction

Class A Common Stock

Tax liability

Transaction value: $18,419,750
Shares: -736,790
Change %: -14%
Price: $25.00
Shares after: 4,389,747
Date: 12 Sep 2025
Ownership: Direct
Footnotes: F2

FIGR transaction

Class A Common Stock

Sale

Transaction value: $7,429,275
Shares: -297,171
Change %: -6.8%
Price: $25.00
Shares after: 4,092,576
Date: 12 Sep 2025
Ownership: Direct

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: +530,135
Change %
Price: $0.000000
Shares after: 530,135
Date: 31 Jul 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 530,135
Exercise price: $10.51
Footnotes: F3, F4

FIGR transaction Derivative

Series C-1 Preferred Stock

Conversion of derivative security

Transaction value
Shares: -8,263
Change %: -100%
Price
Shares after: 0
Date: 12 Sep 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 8,263
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer automatically converted into one share of Class A Common Stock.

Footnote F2

Represents shares withheld to satisfy tax obligations in connection with vesting of the Reporting Person's restricted stock units. Not a market sale.

Footnote F3

This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering, and is reported herein pursuant to Rule 16a-2(a).

Footnote F4

The option vested with respect to one quarter of the underlying shares on April 23, 2025, and vests with respect to the remaining shares in 36 monthly installments thereafter.