Director David K Chao buys 4,000 shares of FIGR at $38.26 for $153.1K; stock now -17.5% from 52-week high.
David K Chao, a director, purchased 4,000 shares at $38.26, establishing his first position in Figure Technology Solutions. The purchase occurred while the stock trades at $40.57, which is -17.5% from its 52-week high of $49.17, despite a +11.0% gain over the last 30 days. The company posted strong recent fundamentals with revenue of $156.4M and net income of $89.6M in the latest quarter. This initial purchase by a board member at a moderate discount to the 52-week peak provides a data point on director confidence, though the transaction size and absence of prior holdings limit broader pattern inference.