FIG Form 4: 25,845 Class A shares withheld for taxes; Voskanian owns 1.66M
Rhea-AI Filing Summary
Shaunt Voskanian, listed as Chief Revenue Officer and a director of Figma, Inc. (FIG), reported a transaction on 09/01/2025 that reduced his direct holdings of Class A common stock by 25,845 shares at a reported price of $70.28 per share. Following this net settlement/withholding transaction, he beneficially owns 1,655,455 shares of Class A common stock. The filing states the shares were withheld by the issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider withholding to cover taxes; not a market sale signal, represents RSU net settlement.
The report documents a common administrative action where 25,845 shares were withheld at $70.28 to meet tax obligations tied to RSU vesting. This does not indicate an open-market disposition for cash but a net settlement, which reduces share count while fulfilling payroll tax requirements. The remaining direct beneficial ownership of 1,655,455 shares remains material in absolute terms but the transaction itself is procedural.
TL;DR: Administrative compliance disclosure; confirms insider compensation processing and tax withholding.
The filing accurately discloses the mechanism (withholding for tax liabilities) and provides clear post-transaction ownership. Signature by an attorney-in-fact is standard for administrative filings. There is no indication of additional derivatives or open-market sales in this Form 4.
FAQ
What transaction did Shaunt Voskanian report on Form 4 for FIG?
How many FIG shares does Shaunt Voskanian beneficially own after the transaction?
Was the Form 4 transaction an open-market sale?
What is the reported price per share for the withheld FIG shares?
Who signed the Form 4 and when was it signed?