Herb Tyler 4

What Happened Herb Tyler, Chief Accounting Officer of Figma, Inc. (FIG), received an award of 81,234 restricted stock units (RSUs) on March 20, 2026. The Form 4 shows the acquisition price as $0.00 per unit (i.e., no cash exchanged at grant). These RSUs represent contingent rights to receive shares if and when they vest — this is a compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-20; reported on Form 4 filed 2026-03-24.
• Transaction type and code: Award/Grant (A).
• Amount: 81,234 RSUs; reported price: $0.00 per unit (acquired for $0).
• Shares owned after transaction: not disclosed in the filing.
• Footnotes:
  • F1: The 81,234 RSUs vest in accordance with the award terms; each RSU is a contingent right to one share of Class A common stock.
  • F2: Certain securities are represented by RSUs.
• Timeliness: Filed March 24, 2026 for a March 20, 2026 transaction — outside the typical two-business-day Form 4 deadline (reported late).

Context RSUs are a common form of equity compensation and only convert into actual shares if vesting conditions are met; no immediate cash proceeds or open-market trade occurred. Such grants are routine and reflect compensation practices rather than a direct buy/sell signal about insider sentiment. For investors, the vesting schedule and the insider’s total holdings (not disclosed here) are the relevant follow-ups to assess potential future share issuance.