Figma (FIG) CRO has 8,079 shares withheld for RSU tax settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. Chief Revenue Officer Shaunt Voskanian reported a routine tax-withholding disposition of shares tied to equity compensation. The company withheld 8,079 shares of Class A Common Stock, valued at $18.09 per share, to cover tax liabilities from the net settlement of restricted stock units. This was not an open-market sale, and following the withholding, Voskanian directly holds 1,773,301 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Voskanian Shaunt
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 8,079 | $18.09 | $146K |
Holdings After Transaction:
Class A Common Stock — 1,773,301 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 8,079 shares
Reference price per share: $18.09 per share
Post-transaction holdings: 1,773,301 shares
3 metrics
Tax-withheld shares
8,079 shares
Shares withheld to satisfy tax liabilities on RSU settlement
Reference price per share
$18.09 per share
Value used for the 8,079 tax-withheld Class A shares
Post-transaction holdings
1,773,301 shares
Class A Common Stock directly held after the tax withholding
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 did Figma (FIG) Chief Revenue Officer Shaunt Voskanian report in this Form 4?
Shaunt Voskanian reported that 8,079 Figma Class A shares were withheld to cover tax liabilities from restricted stock units. This is a compensation-related tax event, not an open-market stock sale, and reflects how equity awards are settled for senior executives.
What does the F-code mean in this Figma (FIG) Form 4 transaction?
The F-code indicates a tax-withholding disposition where shares are delivered to cover tax or exercise costs. In this case, Figma withheld 8,079 Class A shares to satisfy tax liabilities linked to vested restricted stock units, rather than reflecting a voluntary buy or sell decision.