SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Boyden Adam Gilbert

(Last)

(First)

(Middle)

C/O FIGURE TECHNOLOGY SOLUTIONS, INC.

100 WEST LIBERTY STREET, SUITE 600

(Street)

RENO

89501

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Figure Technology Solutions, Inc. [ FIGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	09/12/2025		C		6,499,459	A	⁽¹⁾	7,120,018	I	See footnote⁽²⁾⁽³⁾
Class A Common Stock	09/12/2025		S		468,860	D	$25	6,651,158	I	See footnotes⁽²⁾⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series A Preferred Stock	⁽¹⁾	09/12/2025		C			1,573,861	⁽¹⁾	⁽¹⁾	Class A Common Stock	1,573,861	⁽¹⁾	0	I	See footnote⁽²⁾⁽⁵⁾
Series B Preferred Stock	⁽¹⁾	09/12/2025		C			2,002,803	⁽¹⁾	⁽¹⁾	Class A Common Stock	2,002,803	⁽¹⁾	0	I	See footnote⁽²⁾⁽⁵⁾
Series C Preferred Stock	⁽¹⁾	09/12/2025		C			661,095	⁽¹⁾	⁽¹⁾	Class A Common Stock	661,095	⁽¹⁾	0	I	See footnote⁽²⁾⁽⁵⁾
Series D Preferred Stock	⁽¹⁾	09/12/2025		C			2,261,700	⁽¹⁾	⁽¹⁾	Class A Common Stock	2,261,700	⁽¹⁾	0	I	See footnote⁽²⁾⁽⁵⁾

Explanation of Responses:

1. 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.

2. The sole general partner for RPM Ventures III, L.P. ("RPM III") and RPM Ventures III-A, L.P. ("RPM III-A") is RPM Ventures III GP L.L.C. ("RPM III GP"). The sole general partner for BGW Ventures III, L.P. ("BGW III") is BGW Ventures III GP, L.L.C. ("BGW III GP"). The sole general partner for RPM Ventures IV, L.P. ("RPM IV") and RPM Ventures IV-A, L.P. ("RPM IV-A") is RPM Ventures IV GP L.L.C. ("RPM IV GP"). The managing members of each of RPM III GP, BGW III GP, and RPM IV GP are Adam Boyden, Anthony Grover, and Marc Weiser (the "Managing Members"). The Managing Members share voting and dispositive power with respect to the shares held directly by each of RPM III (for itself and nominee for RPM III-A), BGW III, and RPM IV (for itself and nominee for RPM IV-A). The Reporting Person disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.

3. This transaction line consists of (i) 4,688,597 shares of Class A Common Stock held by RPM III (for itself and as nominee for RPM III-A), (ii) 1,440,363 shares of Class A Common Stock held by BGW III and (iii) 991,058 shares of Class A Common Stock held by RPM IV (for itself and as nominee for RPM IV-A).

4. Following all the transactions reported on this Form 4, consists of (i) 4,219,737 shares of Class A Common Stock held by RPM III (for itself and as nominee for RPM III-A), (ii) 1,440,363 shares of Class A Common Stock held by BGW III and (iii) 991,058 shares of Class A Common Stock held by RPM IV (for itself and as nominee for RPM IV-A).

5. Consisted of (i) 1,573,861 Series A Preferred Stock, 2,002,803 Series B Preferred Stock, 661,095 Series C Preferred Stock and 42,195 Series D Preferred Stock held by RPM III (for itself and as nominee for RPM III-A), (ii) 1,314,825 Series D Preferred Stock held by BGW III and (iii) 904,680 Series D Preferred Stock held by RPM IV (for itself and as nominee for RPM IV-A).

Remarks:

	/s/ Ronald Chillemi, Attorney-in-Fact	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Director Boyden Adam Gilbert converted options into 6,499,459 shares and sold $11,721,500 worth of shares (468,860 units at $25.00) (SEC Form 4)