Herb Tyler 4

What Happened Herb Tyler, Chief Accounting Officer of Figma, sold 669 shares of Class A common stock on May 18, 2026 at $23.79 per share, generating proceeds of approximately $15,916. The sale is reported as Code S (open market or private sale) and was effected pursuant to a Rule 10b5-1 trading plan adopted August 5, 2025. The shares sold include 669 shares that the reporting person acquired May 15, 2026 under the issuer’s employee stock purchase plan (ESPP).

Key Details

• Transaction date and price: 2026-05-18 — 669 shares @ $23.79 = $15,916 (Code S: sale).
• Footnotes: F1 — sale pursuant to 10b5-1 plan adopted Aug 5, 2025; F2 — includes 669 shares acquired May 15, 2026 via the issuer’s ESPP.
• Shares owned after transaction: not specified in the provided Form 4 excerpt.
• Filing date: Form 4 filed May 20, 2026 (appears to be within the standard reporting window).

Context Because the sale was carried out under a pre-established 10b5-1 plan and involved recently purchased ESPP shares, this transaction is often considered routine and may not reflect a change in the insider’s view of the company. The sale size ($15.9K) is modest; retail investors typically weigh purchases more heavily than routine insider sales when assessing insider sentiment.