CFO Melwani Praveer sold $1.9M worth of shares at $22.75, reducing his stake by 4.5% from a position 37.0% above the 90-day low. This is his 16th sell transaction, cementing a long-term pattern of divestment that aligns with recent first-time sales by the CEO, CTO, and General Counsel. Bear: breaks $18.51.

Where it could go — Broad base rate 0.0% positive at 90d; bear breaks $18.51.

FIG's Chief Revenue Officer Shaunt Voskanian sold $1.5M worth of shares at $22.75, reducing his stake by 3.6% from a price 28.8% below the recent 90-day high. This is his first-ever sale after 18 prior sells, and it follows recent first-time sells by the CEO, CTO, and General Counsel, creating a clear pattern of senior executives liquidating. Bear: breaks $18.51 (30-day low).

Where it could go — Broad base rate 0.0% positive at 90d; bear breaks $18.51.

President & CEO Field Dylan sold his entire 174,430-share stake for $4.4M at $25.02, a price 21.7% below the 90-day high. This full liquidation, combined with three other first-time officer sales (CTO $8.2M, General Counsel $469K, Director $304K) in the prior week, forms a severe cluster exit suggesting deep internal pessimism. A break below the recent $16.60 low would confirm bearish momentum, while a recovery above the $25.84 30d high is needed to invalidate the signal.

Where it could go — No historical hit-rate data; broad base rate 0.0% positive at 90d; bear breaks $16.60.

CTO Kris Rasmussen sold $8.2M worth of FIG shares at $25.07, reducing his stake by 3.2% at a price 23.3% below the 90-day high. This first-time sale by a key technology leader suggests potential profit-taking or diversification rather than extreme bearishness, especially given the HOLD analyst consensus and absence of other insider selling. Bear: breaks $16.60 support level could signal further downside; bull holds above $25 for stability.

Where it could go — No historical pattern data available for similar FIG signals; monitor key support at $16.60.

General Counsel Mulligan sold 18,741 shares at $25.04 for $469K, reducing his stake by 1.9% from over 1M shares. This first-time sale by an officer lacks supporting cluster buys and occurs amid a HOLD analyst consensus with no clear pattern history.

Where it could go — Analyst mean target unavailable; bear case if stock breaks $16.60 recent low.

Director Daniel Rimer sold $304,000 worth of shares, reducing his stake by 1.5% from a price 25% below the 90-day high. This first-time sale is a routine liquidity event with no corroborating bullish signals from other insiders or a clear price catalyst.

Where it could go — Analyst mean target not provided; consensus is HOLD with 6 buys and 11 holds.