Figma (FIG) CRO has 12,008 shares withheld to cover RSU tax bill
Rhea-AI Filing Summary
Figma, Inc. reported that Chief Revenue Officer Shaunt Voskanian had 12,008 shares of Class A Common Stock withheld on August 1, 2026 to satisfy tax withholding liabilities tied to the net settlement of restricted stock units. The withholding price was $24.32 per share, and Voskanian now directly holds 1,741,445 Class A shares. This was a tax-withholding disposition, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,008 shares
Net Sell
1 txn
Insider
Voskanian Shaunt
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 12,008 | $24.32 | $292K |
Holdings After Transaction:
Class A Common Stock — 1,741,445 shares (Direct)
Footnotes (1)
- F1. The transaction represents the number of shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.
Key Figures
Shares withheld for taxes: 12,008 shares
Withholding price: $24.32 per share
Shares held after transaction: 1,741,445 shares
+2 more
5 metrics
Shares withheld for taxes
12,008 shares
Class A Common Stock withheld to satisfy tax withholding liabilities
Withholding price
$24.32 per share
Value used for the tax-withholding disposition on August 1, 2026
Shares held after transaction
1,741,445 shares
Direct Class A Common Stock holdings of Shaunt Voskanian post-transaction
Tax-liability share count
12,008 shares
ExercisePriceOrTaxLiabilityShares in transaction summary for code F
Dispose transactions in filing
1 transaction
One tax-withholding disposition; no reported open-market buys or sells
Key Terms
restricted stock units, net settlement, tax withholding liabilities
3 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.
net settlement financial
"to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units."
tax withholding liabilities financial
"shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Figma (FIG) report for Shaunt Voskanian?
Figma reported that Chief Revenue Officer Shaunt Voskanian had 12,008 Class A shares withheld on August 1, 2026 to cover tax withholding liabilities from net-settled restricted stock units, rather than selling shares in the open market.
Was the Figma (FIG) insider activity an open-market sale?
No. The Form 4 shows a code F tax-withholding disposition, meaning 12,008 shares were withheld by Figma to satisfy tax obligations from vesting restricted stock units, instead of being sold on the open market.
What does transaction code F mean in the Figma (FIG) Form 4?
Transaction code F on the Figma Form 4 indicates a payment of tax liability by delivering or withholding securities, here tied to the net settlement of restricted stock units rather than a discretionary stock trade.
Was the Figma (FIG) insider transaction under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmed, and the footnote only describes shares withheld for taxes on restricted stock units, without referencing any trading plan.