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^*

DCM International VIII, Ltd.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(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)

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

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)

	Form filed by One Reporting Person
X	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		15,022,618	A	⁽¹⁾	16,456,952	I	By Figure Investments, LLC⁽²⁾
Class A Common Stock	09/12/2025		C		183,763	A	⁽¹⁾	201,309	I	By DCM Opportunity Fund III, L.P.⁽³⁾

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 Seed Preferred Stock	⁽¹⁾	09/12/2025		C			9,500,375	⁽¹⁾	⁽¹⁾	Class A Common Stock	9,500,375	⁽¹⁾	0	I	By Figure Investments, LLC⁽²⁾
Series A Preferred Stock	⁽¹⁾	09/12/2025		C			2,303,584	⁽¹⁾	⁽¹⁾	Class A Common Stock	2,303,584	⁽¹⁾	0	I	By Figure Investments, LLC⁽²⁾
Series B Preferred Stock	⁽¹⁾	09/12/2025		C			2,557,564	⁽¹⁾	⁽¹⁾	Class A Common Stock	2,557,564	⁽¹⁾	0	I	By Figure Investments, LLC⁽²⁾
Series C Preferred Stock	⁽¹⁾	09/12/2025		C			661,095	⁽¹⁾	⁽¹⁾	Class A Common Stock	661,095	⁽¹⁾	0	I	By Figure Investments, LLC⁽²⁾
Series D Preferred Stock	⁽¹⁾	09/12/2025		C			183,763	⁽¹⁾	⁽¹⁾	Class A Common Stock	183,763	⁽¹⁾	0	I	By DCM Opportunity Fund III, L.P.⁽³⁾

1. Name and Address of Reporting Person^*

DCM International VIII, Ltd.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

DCM Investment Management VIII, L.P.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

DCM VIII, L.P.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

DCM Ventures China Fund (DCM VIII), L.P.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

DCM Affiliates Fund VIII, L.P.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

DCM Opportunity Fund International III, Ltd.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

DCM Opportunity Fund Investment Management III, L.P.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

DCM Opportunity Fund III, L.P.

(Last)

(First)

(Middle)

2420 SAND HILL ROAD, SUITE 200

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

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. Figure Investments, LLC is owned by DCM VIII, L.P., DCM Ventures China Fund (DCM VIII), L.P. and DCM Affiliates Fund VIII, L.P. (collectively "DCM VIII") and is managed by its officers, which are appointed by DCM VIII, the general partner of which is DCM Investment Management VIII, L.P., the general partner of which is DCM International VIII, Ltd.

3. The general partner of DCM Opportunity Fund III, L.P. is DCM Opportunity Fund Investment Management III, L.P., the general partner of which is DCM Opportunity Fund International VIII, Ltd.

Remarks:

Matthew C. Bonner signs as attorney-in-fact for the Reporting Persons pursuant to a Power of Attorney that is included on filings made by DCM with the Securities and Exchange Commission.

	DCM International VIII, Ltd., By: /s/ Matthew C. Bonner, Attorney-in-Fact	09/16/2025
	DCM Investment Management VIII, L.P., By: DCM International VIII, Ltd., its GP, /s/ Matthew C. Bonner, Attorney-in-Fact	09/16/2025
	DCM VIII, L.P., By: DCM Investment Management VIII, L.P., its GP, DCM International VIII, Ltd., its GP, /s/ Matthew C. Bonner, Attorney-in-Fact	09/16/2025
	DCM Ventures China Fund (DCM VIII), L.P., By: DCM Investment Management VIII, L.P., its GP, DCM International VIII, Ltd., its GP, /s/ Matthew C. Bonner, Attorney-in-Fact	09/16/2025
	DCM Affiliates Fund VIII, L.P., By: DCM Investment Management VIII, L.P., its GP, DCM International VIII, Ltd., its GP, /s/ Matthew C. Bonner, Attorney-in-Fact	09/16/2025
	DCM Opportunity Fund International VIII, Ltd., By: /s/ Matthew C. Bonner, Attorney-in-Fact	09/16/2025
	DCM Opportunity Fund Investment Management III, L.P., By: DCM Opportunity Fund International VIII, Ltd., its GP, /s/ Matthew C. Bonner, Attorney-in-Fact	09/16/2025
	DCM Opportunity Fund III, L.P., By: DCM Opportunity Fund Investment Management III, L.P., its GP, DCM Opportunity Fund International VIII, Ltd., its GP, /s/ Matthew C. Bonner, Attorney-in-Fact	09/16/2025
	Figure Investments, LLC, By: /s/ Matthew C. Bonner, President	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Former 10% Owner Dcm International Viii, Ltd. converted options into 15,206,381 shares (SEC Form 4)