Form 4 | Figure Technology's Director Michael Scott Cagney converted and sold 1.5M shares.
Filings Track
Sep 13
Michael Scott Cagney, Director and 10% Owner of Figure Technology, carried out multiple transactions on September 12, 2025. He first converted 1,500,000 shares of Class A Common Stock through a transfer (Transaction Code: C) and then immediately sold them (Transaction Code: S) at $25 per share. Following these transactions, his ownership in this class of securities reduced to zero. These transactions reflect significant adjustments in holdings via derivative securities, which may have a complex impact on the company's stock price. Investors should closely monitor the situation.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.