Earnings Feed
Start Free
Figma, Inc.·4

Apr 3, 5:26 PM ET

Herb Tyler 4

Research Summary

AI-generated summary

Updated

Figma (FIG) CAO Herb Tyler Withholds 1,297 Shares for Taxes

What Happened
Herb Tyler, Chief Accounting Officer of Figma (FIG), had 1,297 shares of Class A common stock withheld to satisfy tax withholding in connection with the net settlement of restricted stock units. The shares were valued at $21.14 each, totaling $27,419. This was a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03 (appears timely).
  • Price per share: $21.14; Total value of shares withheld: $27,419.
  • Transaction type/code: Tax withholding for RSU net settlement (F).
  • Shares owned after the transaction: not specified in the provided filing summary.
  • Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding liabilities related to net-settled RSUs.

Context
This is a routine corporate withholding to cover taxes on vested RSUs (a cashless/net settlement mechanism) and does not represent a discretionary sale by the insider. Such withholdings are common and generally do not indicate a change in insider sentiment.