Figma (NYSE: FIG) CAO sells 669 shares, holds 266,824 after trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. Chief Accounting Officer Herb Tyler reported an open-market sale of 669 shares of Class A Common Stock at $23.79 per share on May 18, 2026. The transaction was carried out under a Rule 10b5-1 trading plan.
After this sale, Tyler directly holds 266,824 shares of Figma Class A Common Stock. Footnotes note that this position includes 669 shares acquired on May 15, 2026 through the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 669 shares ($15,916)
Net Sell
1 txn
Insider
Herb Tyler
Role
Chief Accounting Officer
Sold
669 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 669 | $23.79 | $16K |
Holdings After Transaction:
Class A Common Stock — 266,824 shares (Direct, null)
Footnotes (1)
- The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2025. Includes 669 shares of Class A Common Stock acquired by the Reporting Person on May 15, 2026 pursuant to the Issuer's employee stock purchase plan.
Key Figures
Shares sold: 669 shares
Sale price per share: $23.79 per share
Shares held after transaction: 266,824 shares
+1 more
4 metrics
Shares sold
669 shares
Open-market sale of Class A Common Stock on May 18, 2026
Sale price per share
$23.79 per share
Price received for the May 18, 2026 sale
Shares held after transaction
266,824 shares
Direct holdings following the reported sale
ESPP shares acquired
669 shares
Acquired May 15, 2026 via employee stock purchase plan
Key Terms
Rule 10b5-1 trading plan, employee stock purchase plan, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
employee stock purchase plan financial
"Includes 669 shares of Class A Common Stock acquired... pursuant to the Issuer's employee stock purchase plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Class A Common Stock financial
"Includes 669 shares of Class A Common Stock acquired by the Reporting Person..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Figma (FIG) report for Herb Tyler?
Figma reported that Chief Accounting Officer Herb Tyler sold 669 shares of Class A Common Stock in an open-market transaction at $23.79 per share. The filing classifies this as a sale of non-derivative securities, reducing his position by that amount.