STOCK TITAN

Figma (FIG) CAO sells 2,232 shares to cover RSU tax obligations

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. Chief Accounting Officer Herb Tyler reported automatic sales of Class A common stock to cover taxes on vested restricted stock units. On February 2, 2026, he sold 956 shares at a weighted average price of $24.3578 and 1,276 shares at a weighted average price of $25.2405 through block trades for multiple security holders.

The filing explains these were "sell to cover" transactions executed to satisfy tax withholding obligations and are described as non-discretionary for the reporting person. After these sales, Tyler directly beneficially owned 195,926 shares of Figma Class A common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Herb Tyler

(Last) (First) (Middle)
C/O FIGMA, INC.
760 MARKET STREET, FLOOR 10

(Street)
SAN FRANCISCO CA 94102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/02/2026 S(1) 956 D $24.3578(2) 197,202 D
Class A Common Stock 02/02/2026 S(1) 1,276 D $25.2405(3) 195,926 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. 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 $23.99 to $24.9861, 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.
3. 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 $24.99 to $25.67, 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.
/s/ Brendan Mulligan, Attorney-in-Fact 02/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Figma (FIG) report for Herb Tyler?

Figma reported that Chief Accounting Officer Herb Tyler sold shares of Class A common stock to cover tax withholding on vested restricted stock units. The sales were automatic "sell to cover" trades rather than discretionary open-market selling.

How many Figma (FIG) shares did Herb Tyler sell in this Form 4?

Herb Tyler sold 956 and 1,276 shares of Figma Class A common stock in two transactions on February 2, 2026. Both trades were executed as part of tax-related "sell to cover" activity tied to restricted stock unit vesting.

At what prices were Herb Tyler’s Figma (FIG) shares sold?

The first sale used a weighted average price of $24.3578 per share, based on block trades between $23.99 and $24.9861. The second used a weighted average of $25.2405 per share, from trades between $24.99 and $25.67.

How many Figma (FIG) shares does Herb Tyler own after these sales?

After the reported transactions, Chief Accounting Officer Herb Tyler beneficially owned 195,926 shares of Figma Class A common stock directly. This figure reflects his position following the tax-related sales reported in the Form 4 filing.

Were Herb Tyler’s Figma (FIG) share sales discretionary trades?

The filing states the sales were not discretionary. They were conducted to cover tax withholding obligations from the vesting and settlement of restricted stock units, funded through pre-arranged "sell to cover" transactions rather than elective market sales.

What is the role of Herb Tyler at Figma (FIG)?

Herb Tyler serves as Figma’s Chief Accounting Officer, as disclosed in the Form 4 insider report. His position classifies him as an officer of the company, requiring public reporting of his transactions in Figma’s equity securities.
Figma

NYSE:FIG

FIG Rankings

FIG Latest News

FIG Latest SEC Filings

FIG Stock Data

11.16B
400.26M
50.52%
50.68%
1.31%
Software - Application
Services-prepackaged Software
Link
United States
SAN FRANCISCO