Voskanian Shaunt 4
Research Summary
AI-generated summary
Figma (FIG) CRO Shaunt Voskanian Sells 12,007 Shares
What Happened
Shaunt Voskanian, Chief Revenue Officer of Figma (FIG), had 12,007 shares of Class A common stock withheld to satisfy tax withholding liabilities related to the net settlement of restricted stock units (RSUs). The withholding was recorded at $17.70 per share for a total value of $212,524. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: May 1, 2026; Filing date: May 5, 2026 (Form 4 accession 0002073591-26-000018).
- Price per share: $17.70; Shares withheld/disposed: 12,007; Total value: $212,524.
- Shares owned following the transaction: not specified in the provided filing excerpt.
- Footnote: The shares were withheld by the issuer to satisfy tax withholding liabilities in connection with the net settlement of RSUs (F1).
- Timeliness: The Form 4 was filed four days after the transaction date; Form 4s are normally due within two business days, so this may be later than expected.
Context
Tax-withholding dispositions on RSU settlements are routine: companies often withhold some shares instead of requiring a cash payment for taxes. Such transactions are administrative and do not necessarily indicate the insider is reducing their stake for investment reasons.