Figma (FIG) CAO Herb Tyler Sells 1,838 Shares to Cover Taxes

What Happened
Herb Tyler, Chief Accounting Officer of Figma, disposed of 1,838 shares on 2026-09-01 at $27.49 per share, resulting in proceeds of approximately $50,527. The transaction represents shares withheld by the company to satisfy tax withholding obligations tied to the net settlement of restricted stock units (RSUs), not an open-market sale initiated for cash.

Key Details

• Transaction date: 2026-09-01; Filing date: 2026-09-03. No late filing indicated.
• Price and amount: 1,838 shares withheld at $27.49 per share; total ≈ $50,527.
• Shares owned after transaction: Not reported in the Form 4 provided.
• Footnote: The shares were withheld by the issuer to satisfy tax withholding liabilities in connection with the net settlement of RSUs (cashless/net settlement).
• Transaction code: F (tax withholding on net settlement).

Context
This is a routine tax-withholding event when RSUs vest and the company retains shares to cover withholding—common and not necessarily a signal of insider sentiment. For retail investors, purchases are generally more informative than routine withholding disposals; this filing documents tax-related withholding rather than an active sale on the market.