Figma (FIG) CAO Herb Tyler Sells 709 Shares

What Happened
Herb Tyler, Chief Accounting Officer of Figma, sold 709 shares at $26.00 per share on August 4, 2026, for total proceeds of $18,434. The sale was reported on a Form 4 filed August 6, 2026. This was a disposal (sale), which is commonly routine and does not by itself indicate management sentiment.

Key Details

• Transaction date: 2026-08-04
• Transaction type/code: Sale (S) — open market/private sale
• Price and quantity: 709 shares at $26.00 each; proceeds $18,434
• Filing date: 2026-08-06 (filed within the typical 2-business-day window)
• Footnote: F1 — sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2025
• Shares owned after transaction: Not specified in this Form 4

Context
A Rule 10b5-1 plan means the trade was executed under a pre-established schedule or instructions; such trades are often planned in advance and can be less indicative of current inside views. Sales are generally less informative than purchases for signaling insider confidence. No indication in this filing that the reporting person is a 10% owner.