Figma (FIG) director McDermott receives 12,415 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. director William R. McDermott received an equity award of 12,415 shares of Class A Common Stock in the form of restricted stock units. The RSUs vest according to the terms of the award, and each RSU converts into one share upon settlement.
Following this grant, McDermott directly holds 220,594 shares of Class A Common Stock, including the 12,415 RSUs referenced. This is a compensation-related stock grant rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McDermott William R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 12,415 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 220,594 shares (Direct, null)
Footnotes (1)
- Includes 12,415 restricted stock units ("RSUs") that vest in accordance with the terms of the award. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement. Certain of these securities are represented by RSUs.
Key Figures
RSU grant size: 12,415 shares
Post-transaction holdings: 220,594 shares
Grant price per share: $0.0000 per share
3 metrics
RSU grant size
12,415 shares
Restricted stock units awarded to director
Post-transaction holdings
220,594 shares
Total Class A Common Stock held directly after grant
Grant price per share
$0.0000 per share
Reported price for RSU award
Key Terms
restricted stock units, RSUs, Class A Common Stock
3 terms
restricted stock units financial
"Includes 12,415 restricted stock units ("RSUs") that vest in accordance"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Certain of these securities are represented by RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock"
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) disclose for William R. McDermott?
Figma disclosed that director William R. McDermott received 12,415 restricted stock units as an equity award. Each RSU represents a contingent right to one share of Class A Common Stock, vesting under the award’s specified terms.
Was the Figma (FIG) insider transaction a stock purchase or a grant?
The transaction was a grant of 12,415 restricted stock units, not an open‑market stock purchase. These RSUs were awarded at no cash cost per share and will convert into Class A Common Stock as they vest under the grant terms.
What does each Figma (FIG) restricted stock unit granted to McDermott represent?
Each restricted stock unit granted to William R. McDermott represents a contingent right to receive one share of Figma Class A Common Stock. The RSUs settle into shares only when the vesting and other award conditions outlined in the grant are met.
Does the Form 4 for Figma (FIG) show any insider stock sales by McDermott?
The Form 4 shows no insider stock sales by William R. McDermott. It reports only an acquisition of 12,415 restricted stock units as an award, increasing his direct holdings to 220,594 shares of Figma Class A Common Stock.