Figma (FIG) CRO reports 6,076-share sale to cover RSU tax withholding
Rhea-AI Filing Summary
Figma, Inc. Chief Revenue Officer, listed as an officer and reporting person, reported an automatic sale of Class A common stock. On 12/01/2025, 6,076 shares of Class A common stock were sold at a weighted average price of $35.4481 per share, leaving the reporting person with 1,611,250 shares beneficially owned directly after the transaction.
The company explains that these shares were sold solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units through a "sell to cover" arrangement, and that the sale was not a discretionary trade by the insider. The weighted average sale price reflects block trades executed for multiple security holders within a price range of $34.26 to $36.09.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,076 | $35.4481 | $215K |
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 $34.26 to $36.09, 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.
FAQ
What insider transaction did Figma (FIG) report in this Form 4?
Figma reported that its Chief Revenue Officer sold 6,076 shares of Class A common stock on 12/01/2025. After this transaction, the officer beneficially owned 1,611,250 shares directly.
What was the sale price for the Figma (FIG) insider transaction?
The Form 4 reports a weighted average price of $35.4481 per share. The shares were sold in block trades at prices ranging from $34.26 to $36.09, inclusive.
Was the Figma (FIG) insider sale part of a discretionary trading decision?
No. The filing states that the sales were made to satisfy tax withholding obligations linked to vesting restricted stock units and "do not represent discretionary transactions" by the reporting person.
Is the Figma (FIG) Form 4 filed by one reporting person or multiple insiders?
The document indicates that the Form 4 was filed by one reporting person, who serves as Figma's Chief Revenue Officer.