Director at Figma (NYSE: FIG) receives 12,415 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. director Lynn Vojvodich reported an equity award of 12,415 shares of Class A Common Stock. The filing shows this as a grant or other acquisition with no cash price per share, structured as restricted stock units that convert into shares as they vest.
After this award, Vojvodich directly holds 84,809 shares of Class A Common Stock, including the 12,415 restricted stock units that vest according to the terms of the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Radakovich Lynn Vojvodich
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 12,415 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 84,809 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
Shares held after transaction: 84,809 shares
Grant price per share: $0.0000 per share
3 metrics
RSU grant size
12,415 shares
Restricted stock units awarded to director Lynn Vojvodich
Shares held after transaction
84,809 shares
Total direct Class A Common Stock holdings post-award
Grant price per share
$0.0000 per share
Reported transaction price for equity 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 with the terms of the award."
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
"Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement."
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 upon settlement."
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) report for Lynn Vojvodich?
Figma reported that director Lynn Vojvodich received a grant of 12,415 shares of Class A Common Stock. The award is structured as restricted stock units that convert into shares as they vest, increasing her direct equity stake in the company.
Was the Figma (FIG) insider award an open-market purchase or a grant?
The transaction was a grant or other acquisition, not an open-market purchase. It is coded as an "A" transaction, representing an equity award of 12,415 restricted stock units that vest according to the award terms rather than being bought on the market.
What are the terms of the 12,415 Figma (FIG) RSUs reported in the filing?
The award consists of 12,415 restricted stock units, each representing a contingent right to receive one share of Class A Common Stock upon settlement. These RSUs vest in accordance with the terms of the grant, as described in the footnotes of the filing.
Does the Figma (FIG) filing indicate any derivative securities for Lynn Vojvodich?
The filing’s summary of derivative positions is empty, indicating no derivative securities such as options or similar instruments are reported in this Form 4 for Lynn Vojvodich. The disclosed position is entirely in Class A Common Stock, including restricted stock units.