Figma insider Form 4: CFO sells 16,092 shares for RSU taxes
Rhea-AI Filing Summary
Figma, Inc. (FIG) Form 4: The company’s CFO and Treasurer reported a sale of 16,092 shares of Class A common stock on 11/03/2025. The filing states the sale was a sell-to-cover to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units, and not a discretionary trade.
The shares were sold at a weighted average price of $48.1713, with block trades executed within a price range of $47.47 to $50.04. Following the transaction, the reporting person beneficially owns 1,637,450 shares directly and 142,500 shares indirectly through APM33, LLC.
Positive
- None.
Negative
- None.
Insights
Administrative sell-to-cover; limited signal on fundamentals.
The reported 16,092-share sale by Figma’s CFO on 11/03/2025 is explicitly described as a sell-to-cover for RSU tax withholding. Such transactions typically reflect payroll tax obligations rather than a view on the company’s prospects.
Execution occurred via block trades at a weighted average of $48.1713 within $47.47–$50.04. Post-transaction holdings remain substantial at 1,637,450 direct shares and 142,500 indirect via APM33, LLC. Actual market impact depends on broader trading volumes and is generally modest for sell-to-cover events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 16,092 | $48.1713 | $775K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $47.47 to $50.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
FAQ
What did Figma (FIG) disclose in this Form 4?
What was the sale price in the Figma (FIG) insider transaction?
Was the Figma (FIG) sale discretionary?
Who is the reporting person in this Figma (FIG) Form 4?