Figma, Inc.·4

Mar 3, 5:04 PM ET

Herb Tyler 4

Research Summary

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Figma (FIG) Herb Tyler, Chief Accounting Officer Sells 2,351 Shares

What Happened
Herb Tyler, Chief Accounting Officer of Figma, recorded a disposition of 2,351 shares of Class A common stock on March 1, 2026. The shares were reported at $29.39 each, for a total value of $69,096. This was not an open-market sale but a share withholding to satisfy tax obligations related to the net settlement of restricted stock units.

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
  • Transaction type/code: F — tax withholding in connection with net settlement of RSUs (disposition).
  • Shares involved: 2,351 shares withheld at $29.39 per share = $69,096.
  • Shares owned after transaction: Not disclosed in the provided filing summary.
  • Footnote: F1 — issuer withheld shares to satisfy tax withholding liabilities tied to RSU net settlement.

Context
This was a routine tax-withholding event as part of RSU settlement (a cashless/net settlement), not a market sale that signals a trading decision. Such transactions are common when restricted shares vest and do not necessarily indicate the insider’s view on the company’s stock.