Figma (FIG) CAO Herb Tyler Sells 1,840 Shares

What Happened
Herb Tyler, Chief Accounting Officer of Figma, sold 1,840 shares in an open-market transaction on August 21, 2026 at $27.14 per share, for total proceeds of $49,938. The sale is reported on a Form 4 filed August 25, 2026.

Key Details

• Transaction date and price: 2026-08-21, sale at $27.14 per share.
• Shares sold: 1,840; Total value: $49,938.
• Shares owned after transaction: Not reported in the provided excerpt of the filing.
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2025.
• Filing timing: Form 4 was filed on August 25, 2026 for an August 21 transaction — Form 4s are generally due within 2 business days, so this filing appears to have been submitted after that typical window.

Context
This was a routine open-market sale executed under a pre-established 10b5-1 plan, which allows insiders to sell shares according to a predetermined schedule. Such sales do not, by themselves, indicate management’s view of the company’s prospects; they often reflect diversification or liquidity needs.