Figma (NYSE: FIG) CAO has 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 tax-withholding disposition of Class A Common Stock tied to restricted stock units. On March 1, 2026, the issuer withheld 2,351 shares at $29.39 per share to cover tax liabilities, rather than an open-market sale. Following this withholding, Tyler directly holds 190,591 shares of Figma Class A Common Stock.
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 | 2,351 | $29.39 | $69K |
Holdings After Transaction:
Class A Common Stock — 190,591 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Figma (FIG) report for Herb Tyler?
Figma reported that Chief Accounting Officer Herb Tyler had 2,351 Class A Common Stock shares withheld to cover tax on restricted stock units. This was a tax-withholding disposition, not an open-market trade, and is a routine administrative event disclosed on Form 4.
Was the Figma (FIG) Herb Tyler Form 4 a stock sale?
The Form 4 does not show an open-market stock sale by Herb Tyler. Instead, 2,351 shares of Class A Common Stock were withheld by Figma to satisfy tax liabilities from restricted stock units, a common mechanism for handling employee equity compensation taxes.
What does transaction code F mean in the Figma (FIG) Form 4?
Transaction code F on the Form 4 indicates a tax-withholding disposition, where shares are delivered or withheld to satisfy tax or exercise costs. In this case, Figma withheld 2,351 shares from Herb Tyler’s restricted stock units to cover tax obligations, rather than executing a market sale.