Figma (FIG) Insider Report: 3,029 Shares Withheld for Taxes; 232,248 Shares Remain
Rhea-AI Filing Summary
Insider Form 4 summary: Figma, Inc. reporting person Herb Tyler, who serves as Chief Accounting Officer, reported a non-derivative transaction on 09/01/2025. The filing shows 3,029 shares of Class A Common Stock were disposed under code F(1) at a price of $70.28 per share. The company withheld those shares to satisfy tax withholding related to net settlement of restricted stock units. After the withholding, Tyler beneficially owns 232,248 shares of Class A Common Stock. No derivative transactions are reported.
Positive
- Transparent disclosure of the tax-withholding share disposition under Section 16
- Substantial retained ownership: reporting person still beneficially owns 232,248 Class A shares
Negative
- Reduction in holdings by 3,029 shares due to tax withholding
- No additional explanatory detail beyond a standard statement about withholding (e.g., tax jurisdiction or exact RSU award details not provided)
Insights
TL;DR: A routine tax-withholding share disposition; modest in size relative to reported holdings, not a material change.
This Form 4 discloses a common administrative event: 3,029 Class A shares were withheld by the issuer to meet tax obligations from RSU net settlement. The reported per-share price is $70.28, which is the effective valuation for the withheld shares. Post-transaction beneficial ownership remains significant at 232,248 shares, indicating continued insider equity alignment. No options, warrants, or other derivative instruments are shown in Table II.
TL;DR: Disclosure is standard and transparent; the transaction appears administrative rather than an investment signal.
The filing names Herb Tyler as the reporting officer (Chief Accounting Officer) and includes an explanatory note that the shares were withheld to satisfy tax withholding upon RSU settlement. The signature is provided by an attorney-in-fact on 09/03/2025. This level of disclosure complies with Section 16 reporting requirements and provides clear information on post-transaction ownership. There are no indications of unusual or complex arrangements in this filing.
FAQ
What did Herb Tyler report on the Form 4 for FIG?
Why were the 3,029 shares disposed according to the filing?
What price is shown for the withheld shares on the Form 4?
Were any derivative securities reported by the insider in this filing?
Who signed the Form 4 and when was it signed?