Figma (NYSE: FIG) CAO sells 3,073 shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. reported an insider transaction by its Chief Accounting Officer on 12/01/2025. The officer sold 3,073 shares of Class A common stock at a weighted average price of $35.4481 per share, in block trades executed within a price range of $34.26 to $36.09.
According to the disclosure, these shares were sold only to cover tax withholding obligations arising from the vesting and settlement of restricted stock units, using a "sell to cover" arrangement rather than a discretionary sale. After this transaction, the officer beneficially owned 205,716 shares of Figma Class A common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,073 shares ($108,932)
Net Sell
1 txn
Insider
Herb Tyler
Role
Chief Accounting Officer
Sold
3,073 shs ($109K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,073 | $35.4481 | $109K |
Holdings After Transaction:
Class A Common Stock — 205,716 shares (Direct)
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?
A Figma, Inc. officer reported selling 3,073 shares of Class A common stock on 12/01/2025 in a single reported transaction.
Was the Figma (FIG) insider sale described as a discretionary transaction?
No. The disclosure specifies that the sale to cover tax withholding "does not represent discretionary transactions" by the reporting person.