Figma (FIG) CAO has 2,026 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. Chief Accounting Officer Herb Tyler reported a routine tax-related share withholding. On the transaction date, 2,026 shares of Class A Common Stock were withheld by the company to cover tax liabilities from the net settlement of restricted stock units at an indicated value of $17.70 per share.
This Form 4 does not reflect an open-market sale or purchase, but a compensation-related tax-withholding disposition. After the transaction, Tyler directly owned 266,824 shares of Class A Common Stock, so the withheld amount represents a small portion of his overall reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Herb Tyler
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,026 | $17.70 | $36K |
Holdings After Transaction:
Class A Common Stock — 266,824 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 2,026 shares
Withholding share value: $17.70 per share
Shares owned after transaction: 266,824 shares
3 metrics
Tax-withheld shares
2,026 shares
Shares withheld to satisfy tax liabilities on RSU net settlement
Withholding share value
$17.70 per share
Value per share used in tax-withholding disposition
Shares owned after transaction
266,824 shares
Direct ownership following tax-withholding disposition
Key Terms
restricted stock units, tax withholding liabilities, net settlement, Class A Common Stock
4 terms
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"
net settlement financial
"in connection with the net settlement of restricted stock units"
Class A Common Stock financial
"The transaction represents the number of shares of Class A Common Stock withheld"
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 Herb Tyler?
Figma’s Chief Accounting Officer Herb Tyler reported a tax-withholding disposition of 2,026 shares of Class A Common Stock. The shares were withheld by the company to cover tax liabilities from net-settled restricted stock units, rather than sold in the open market.
Was Herb Tyler’s Figma (FIG) Form 4 transaction an open-market sale?
No. The Form 4 shows a tax-withholding disposition coded “F,” meaning shares were withheld to satisfy tax liabilities on restricted stock units. This is a routine, non-market transaction and not a discretionary sale of shares on a stock exchange.