Herb Tyler 4

What Happened

• Herb Tyler, Chief Accounting Officer of Figma, had 2,026 shares of Class A common stock withheld by the company to satisfy tax withholding liabilities related to the net settlement of restricted stock units. The shares were valued at $17.70 each, for a total of $35,860. This is a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-05-01
• Filing date: 2026-05-05 (Form 4 accession 0002073587-26-000018)
• Shares involved: 2,026 shares
• Price used: $17.70 per share
• Total value: $35,860
• Transaction code: F — shares withheld to satisfy tax withholding on RSU net settlement
• Shares owned after the transaction: not specified in the provided filing excerpt
• No indication in the provided data that this was a 10b5-1 plan, a gift, or an open-market sale

Context

• This type of transaction is a common, administrative step when restricted stock units vest and the company withholds a portion of the shares to cover taxes (a net settlement). It should not be read as a directional buy/sell decision by the insider since the shares were surrendered to cover tax obligations rather than sold in the market.