Figma (FIG) CAO Herb Tyler Withholds 1,838 Shares for Taxes

What Happened Herb Tyler, Chief Accounting Officer of Figma, had 1,838 shares of Class A common stock withheld by the company on July 1, 2026 to satisfy tax withholding for the net settlement of restricted stock units. The withholding price was $18.09 per share, for a total value of about $33,249. This was a tax-withholding/net-settlement action — not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-07-01; 1,838 shares at $18.09 each (≈ $33,249).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: Issuer withheld shares to satisfy tax withholding liabilities in connection with net settlement of RSUs (per filing).
• Filing timeliness: Form 4 filed 2026-07-06 (filed after the 2-business-day reporting window for insiders).

Context This was a routine tax-withholding net settlement of RSUs, a common administrative transaction that does not necessarily reflect a change in the insider’s view of the company. Such withholdings are distinct from open-market sales and are typically used solely to cover tax obligations.