Figma, Inc. (FIG) CAO sells shares and withholds stock for taxes
Rhea-AI Filing Summary
Figma, Inc. Chief Accounting Officer Herb Tyler reported two Class A Common Stock transactions. On August 1, 2026, 2,872 shares were withheld at $24.32 per share to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units. On August 3, 2026, he sold 1,536 shares at $26.00 per share in an open-market or private transaction under a Rule 10b5-1 trading plan adopted on August 5, 2025.
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Insider Trade Summary 10b5-1
Net Seller: 4,408 shares
Net Sell
2 txns
Insider
Herb Tyler
Role
Chief Accounting Officer
Sold
1,536 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 1,536 | $26.00 | $40K |
| Tax Withholding | Class A Common Stock F1 | 2,872 | $24.32 | $70K |
Holdings After Transaction:
Class A Common Stock — 257,189 shares (Direct)
Footnotes (2)
- F1. The transaction represents the number of shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.
- F2. 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.
Key Figures
Open-market or private sale shares: 1,536 shares
Sale price per share: $26.00 per share
Tax withholding shares: 2,872 shares
+2 more
5 metrics
Open-market or private sale shares
1,536 shares
Class A Common Stock sold on August 3, 2026 at $26.00 per share
Sale price per share
$26.00 per share
Price for 1,536 Class A shares sold on August 3, 2026
Tax withholding shares
2,872 shares
Shares withheld on August 1, 2026 to satisfy tax withholding liabilities on RSU net settlement
Tax withholding price per share
$24.32 per share
Value used for 2,872 shares withheld to cover RSU-related tax liabilities
Rule 10b5-1 plan adoption date
August 5, 2025
Adoption date of the trading plan under which the August 3, 2026 sale was effected
Key Terms
Rule 10b5-1 trading plan, net settlement, restricted stock units, tax withholding liabilities
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
net settlement financial
"in connection with the net settlement of restricted stock units"
restricted stock units financial
"in connection with the net settlement of restricted stock units"
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.
tax withholding liabilities financial
"withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Figma (FIG) CAO Herb Tyler report?
Herb Tyler reported two transactions in Figma (FIG) Class A Common Stock. One was a tax-related share withholding tied to RSU settlement, and the other was a sale of 1,536 shares executed under a Rule 10b5-1 trading plan.
What prices were used in Herb Tyler’s reported Figma (FIG) transactions?
The tax withholding involved 2,872 shares valued at $24.32 per share. The subsequent open-market or private sale involved 1,536 shares at $26.00 per share, both transactions relating to Figma (FIG) Class A Common Stock.
Do Herb Tyler’s reported Figma (FIG) transactions involve derivatives or only common stock?
The reported transactions involve only Class A Common Stock of Figma (FIG). There are no derivative security transactions listed, and the derivative transaction count in the filing’s summary is zero.