Herb Tyler 4

What Happened Herb Tyler, Chief Accounting Officer of Figma, sold 1,492 shares on February 19, 2026. The shares were disposed at $26.00 per share for a total transaction value of $38,792. This was a sale (not a purchase); sales by executives are often routine and, in this case, were conducted under a prearranged trading plan.

Key Details

• Transaction date and price: 2026-02-19 — 1,492 shares @ $26.00 each.
• Total proceeds: $38,792.
• Transaction type/code: Sale (S), reported as an open-market or private sale on the Form 4.
• Footnote: Executed pursuant to a Rule 10b5-1 trading plan adopted August 5, 2025 (Footnote F1).
• Shares owned after transaction: Not specified in the provided excerpt — check the full Form 4 filing for Tyler’s post-transaction holdings.
• Filing timeliness: Form filed 2026-02-23 for a 2026-02-19 transaction — appears timely (filed within two business days).

Context A 10b5-1 plan indicates the sale was preplanned and likely not a reaction to nonpublic company information. For retail investors, routine insider sales of modest size (here ~$39k) are less informative than purchases; consider this data point alongside other insider filings and company fundamentals. For full details and current insider holdings, review the complete SEC Form 4 (Accession 0002073587-26-000006).