Figure Technology Solutions Inc.

09/16/2025 | Press release | Distributed by Public on 09/16/2025 17:14

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
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 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Jaitly Sachin Chand
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)
(Last) (First) (Middle)
C/O FIGURE TECHNOLOGY SOLUTIONS, INC., 100 WEST LIBERTY STREET, SUITE 600
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
(Street)
RENO, NV 89501
4. If Amendment, Date 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
(City) (State) (Zip)
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)
Code V Amount (A) or (D) Price
Class A Common Stock 08/29/2025(1) A(2) 16,189 A (2) 16,189 I By Tessera Venture Capital Fund I, LP(3)
Class A Common Stock 08/29/2025(1) A(2) 2,700 A (2) 2,700 I By Tessera Venture Capital Fund II, LP(3)
Class A Common Stock 09/12/2025 C 169,553 A (4) 185,742 I By Tessera Venture Capital Fund I, LP(3)
Class A Common Stock 09/12/2025 C 28,271 A (4) 30,971 I By Tessera Venture Capital Fund II, LP(3)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)
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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series B Preferred Stock (4) 09/12/2025 C 106,088 (4) (4) Class A Common Stock 106,088 (4) 0 I By Tessera Venture Capital Fund I, LP(3)
Series C Preferred Stock (4) 09/12/2025 C 63,465 (4) (4) Class A Common Stock 63,465 (4) 0 I By Tessera Venture Capital Fund I, LP(3)
Series D Preferred Stock (4) 09/12/2025 C 28,271 (4) (4) Class A Common Stock 28,271 (4) 0 I By Tessera Venture Capital Fund II, LP(3)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jaitly Sachin Chand
C/O FIGURE TECHNOLOGY SOLUTIONS, INC.
100 WEST LIBERTY STREET, SUITE 600
RENO, NV 89501
X

Signatures

/s/ Ronald Chillemi, Attorney-in-Fact 09/16/2025
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) 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).
(2) Represents an acquisition of securities of the Issuer in exchange for securities of Figure Markets Holdings, Inc. pursuant to a business recombination transaction.
(3) Tessera Venture Capital Fund GP, LLC is the general partner of Tessera Venture Capital Fund I, LP. Tessera Venture Capital Fund II GP, LLC is the general partner of Tessera Venture Capital Fund II, LP. The Reporting Person is a Managing Partner of each of Tessera Venture Capital Fund GP, LLC and Tessera Venture Capital Fund II GP, LLC, and may be deemed to beneficially own the securities reported herein, but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
(4) 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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