FIG insider tax sell-to-cover: 3,133 shares at $48.17 avg
Rhea-AI Filing Summary
Figma (FIG) disclosed an insider transaction by its Chief Accounting Officer. On November 3, 2025, the officer sold 3,133 shares of Class A Common Stock at a weighted average price of $48.1713.
The filing states the shares were sold solely to cover tax withholding in connection with RSU vesting via a “sell to cover” and do not represent discretionary trades. Following the transaction, the officer beneficially owned 226,087 shares, held directly.
Positive
- None.
Negative
- None.
Insights
Routine sell-to-cover; neutral impact.
The transaction reports the Chief Accounting Officer selling 3,133 shares at a $48.1713 weighted average on November 3, 2025. The filing clarifies the purpose was to fund tax withholding tied to RSU vesting via a “sell to cover,” which is an administrative mechanism rather than a discretionary sale.
After the sale, direct beneficial ownership is 226,087 shares. Activity like this typically does not alter the business outlook; actual impact depends on equity award schedules and future vesting. No cash-flow effects to the company are indicated in this excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,133 | $48.1713 | $151K |
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.