Insider Activity Spotlight: Figure Technology Solutions Inc.

A Surprising Flip‑Side to a Buy‑Back

On May 14, 2026, Chief Capital Officer David Todd purchased 38,821 shares of Figure Technology Solutions (FTS) at an average price of $4.82 per share, while simultaneously selling 58,000 shares under a pre‑approved Rule 10(b)(5) plan. The two trades, executed the same day, suggest a strategic rebalancing rather than a straightforward market move. The purchase, priced far below the current market level of $43.24, appears to be part of a long‑term plan to acquire a larger stake once the share price stabilizes—an approach consistent with Todd’s historical pattern of buying after a series of sales.

Implications for Investors

The duality of Todd’s trades reflects the broader insider‑trading rhythm at FTS: frequent, relatively modest sales punctuated by occasional purchases. This pattern can signal confidence in the company’s medium‑term prospects, while the sizable 10(b)(5) sales provide liquidity to insiders without exposing them to market volatility. For shareholders, the net effect is minimal dilution; however, the concentration of trading in the hands of senior executives may heighten scrutiny from regulators and investors alike. The recent 18‑point uptick in social‑media sentiment, coupled with a 29.69 % buzz intensity, indicates that the market is watching Todd’s activity more closely than usual, potentially amplifying any perceived insider confidence or concern.

What This Means for FTS’s Future

Figure Technology Solutions has shown robust quarterly growth, with a 21.39 % monthly gain and a 38.99 % year‑to‑date increase. The company’s price‑earnings ratio of 67.43 is high, reflecting expectations of continued expansion in its blockchain‑based lending and trading platforms. Todd’s recent buying activity—especially at a fraction of the current share price—could be interpreted as a bet on future earnings power, suggesting that the company’s strategic initiatives (e.g., the stablecoin deposit platform) may soon pay off. Conversely, the simultaneous volume of sales may be a hedge against potential market downturns, signaling a cautious approach to capital allocation.

Stevens David Todd: A Profile of Discipline and Timing

Todd’s insider history is dominated by Rule 10(b)(5) selling plans. Over the past six months he has sold a total of roughly 250,000 shares, averaging $30–$40 per share, while buying around 50,000 shares at $4–$5 each. This disciplined approach—buy low, sell high, and lock in gains—has kept his post‑transaction holdings steady around 400,000 shares. The pattern reflects a long‑term commitment to FTS’s success, balanced with a pragmatic need for liquidity. Todd’s transactions also align with his title as Chief Capital Officer, whose mandate includes optimizing the company’s capital structure and ensuring that equity is deployed efficiently.

Takeaway for Market Participants

Investors should view Todd’s latest trades as a calculated play rather than a signal of distress. The substantial volume of 10(b)(5) sales is a routine tool for senior executives, while the off‑market purchases hint at confidence in a future upside. With FTS’s strong momentum in the fintech and blockchain sectors, the insider activity may be a harbinger of further growth. However, the high price‑earnings multiple and the company’s exposure to regulatory shifts in digital assets warrant ongoing diligence. For those watching Figure Technology Solutions, Todd’s trading cadence offers a useful barometer of executive sentiment and the company’s capital allocation strategy.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-05-14Stevens David Todd (Chief Capital Officer)Buy38,821.004.82Class A Common Stock
2026-05-14Stevens David Todd (Chief Capital Officer)Sell5,800.0039.47Class A Common Stock
2026-05-14Stevens David Todd (Chief Capital Officer)Sell5,702.0040.49Class A Common Stock
2026-05-14Stevens David Todd (Chief Capital Officer)Sell4,617.0041.47Class A Common Stock
2026-05-14Stevens David Todd (Chief Capital Officer)Sell6,570.0042.53Class A Common Stock
2026-05-14Stevens David Todd (Chief Capital Officer)Sell16,909.0043.34Class A Common Stock
2026-05-14Stevens David Todd (Chief Capital Officer)Sell7,466.0044.15Class A Common Stock
2026-05-14Stevens David Todd (Chief Capital Officer)Sell38,821.00N/AStock Option
2026-05-13Ou June ()Buy35,190.000.00Class A Common Stock
2026-05-13Ou June ()Sell2,394.0035.68Class A Common Stock
2026-05-13Ou June ()Sell5,849.0036.61Class A Common Stock
2026-05-13Ou June ()Sell10,105.0037.57Class A Common Stock
2026-05-13Ou June ()Sell6,202.0038.30Class A Common Stock
2026-05-13Ou June ()Sell2,958.0039.48Class A Common Stock
2026-05-13Ou June ()Sell7,682.0040.47Class A Common Stock
N/AOu June ()Holding6,128,993.00N/AClass A Common Stock
N/AOu June ()Holding17,661.00N/AClass A Common Stock
2026-05-10Ou June ()Sell31,496.0037.63Class B Common Stock
2026-05-13Ou June ()Sell35,190.00N/AClass B Common Stock
N/AOu June ()Holding4,313,645.00N/AClass B Common Stock
N/AOu June ()Holding3,185,970.00N/AClass B Common Stock
N/AOu June ()Holding3,185,970.00N/AClass B Common Stock
2026-05-13Cagney Michael Scott ()Buy35,190.000.00Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell2,394.0035.68Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell5,849.0036.61Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell10,105.0037.57Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell6,202.0038.30Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell2,958.0039.48Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell7,682.0040.47Class A Common Stock
N/ACagney Michael Scott ()Holding6,128,993.00N/AClass A Common Stock
N/ACagney Michael Scott ()Holding17,661.00N/AClass A Common Stock
2026-05-10Cagney Michael Scott ()Sell31,496.0037.63Class B Common Stock
2026-05-13Cagney Michael Scott ()Sell35,190.00N/AClass B Common Stock
N/ACagney Michael Scott ()Holding4,313,645.00N/AClass B Common Stock
N/ACagney Michael Scott ()Holding3,185,970.00N/AClass B Common Stock
N/ACagney Michael Scott ()Holding3,185,970.00N/AClass B Common Stock
2026-05-13Cagney Michael Scott ()Buy35,190.000.00Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell2,394.0035.68Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell5,849.0036.61Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell10,105.0037.57Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell6,202.0038.30Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell2,958.0039.48Class A Common Stock
2026-05-13Cagney Michael Scott ()Sell7,682.0040.47Class A Common Stock
N/ACagney Michael Scott ()Holding6,128,993.00N/AClass A Common Stock
N/ACagney Michael Scott ()Holding17,661.00N/AClass A Common Stock
2026-05-10Cagney Michael Scott ()Sell31,496.0037.63Class B Common Stock
2026-05-13Cagney Michael Scott ()Sell35,190.00N/AClass B Common Stock
N/ACagney Michael Scott ()Holding4,313,645.00N/AClass B Common Stock
N/ACagney Michael Scott ()Holding3,185,970.00N/AClass B Common Stock
N/ACagney Michael Scott ()Holding3,185,970.00N/AClass B Common Stock