Figma CFO has 7,037 shares withheld for taxes
Figma’s CFO had shares withheld for RSU tax obligations but continues to hold over 1.7 million FIG shares directly and indirectly.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Figma, Inc. (FIG) reported that its CFO and Treasurer, Praveer Melwani, had 7,037 shares of Class A Common Stock withheld on September 1, 2026 at $27.49 per share to satisfy tax withholding liabilities from the net settlement of restricted stock units. Following this withholding, he holds 1,667,507 shares directly and 118,363 shares indirectly through APM33, LLC, of which he is a manager. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 7,037 | $27.49 | $193K |
| holding | Class A Common Stock F2 | -- | -- | -- |
Footnotes (2)
- 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.
- F2. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
Key Figures
Key Terms
restricted stock units financial
net settlement financial
tax withholding liabilities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Figma (FIG) disclose for CFO Praveer Melwani?
Was the Figma (FIG) insider transaction made under a Rule 10b5-1 trading plan?
Was this Figma (FIG) insider transaction a market sale or a tax withholding?
AI-generated analysis. How Rhea-AI works. Not financial advice.