Herb Tyler 4

What Happened Herb Tyler, Chief Accounting Officer of Figma (FIG), disposed of a total of 3,389 shares on June 1, 2026 for combined proceeds of about $88,085. The filing shows (1) 1,539 shares withheld by the company at $25.50 per share (~$39,245) to satisfy tax withholding on restricted stock units, and (2) an open-market sale of 1,850 shares at $26.40 per share ($48,840). These were sales (not purchases), which are often routine rather than a signal of company outlook.

Key Details

• Transaction dates and prices:
  • June 1, 2026: 1,539 shares withheld @ $25.50 each — $39,245 (tax withholding/net settlement of RSUs). (Footnote F1)
  • June 1, 2026: 1,850 shares sold open market @ $26.40 each — $48,840. (Footnote F2)
• Total shares sold/disposed: 3,389; total proceeds ≈ $88,085.
• Shares owned after transaction: Not specified in the provided filing.
• Notable footnotes:
  • F1: Withheld shares represent the number of shares retained by the issuer to satisfy tax withholding on a net-settled restricted stock unit award.
  • F2: The open-market sales were executed under a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2025.
• Filing timeliness: Reported with a transaction date of June 1, 2026 and the Form 4 filed June 3, 2026 — appears timely.

Context

• The 1,539-share line is a tax-withholding/net settlement of RSUs (shares retained by the company to cover taxes), not a voluntary liquidity action by the insider. The 1,850-share sale was a pre-arranged trade under a 10b5-1 plan, which is commonly used to sell shares on a scheduled basis and can limit inference about insider sentiment.
• For retail investors: purchases generally carry more informational weight than routine sales like tax withholdings or 10b5-1-plan disposals. This filing documents routine disposition rather than an acquisition.