Form 4: Figma CAO Herb Tyler Reports RSU Tax Withholding

Figma's Chief Accounting Officer, Herb Tyler, reported a routine disposition of 2,351 Class A Common Stock shares for tax withholding related to restricted stock unit settlement.

Summary

• Herb Tyler, Chief Accounting Officer of Figma, Inc., reported a transaction on March 1, 2026.
• The transaction involved the disposition of 2,351 shares of Class A Common Stock.
• These shares were withheld by Figma, Inc. to cover tax withholding liabilities associated with the net settlement of restricted stock units.
• The shares were valued at $29.39 per share for the purpose of this transaction.
• Following this transaction, Herb Tyler beneficially owns 190,591 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation and tax obligations, with no direct positive or negative implications for the company's operational or financial performance.

Positives

• The transaction is a routine tax withholding event, indicating the vesting and settlement of restricted stock units for a key executive.

Negatives

• A disposition of shares, even for tax purposes, reduces the executive's direct ownership, though this is a standard practice for RSU settlements.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as tax withholdings related to RSU vesting, are common across the technology industry for executive compensation. These events typically do not reflect a change in an executive's long-term view of the company but rather a standard mechanism for managing equity compensation and tax obligations.

Comparison to Industry Standards

• The practice of withholding shares to cover tax liabilities upon RSU vesting is a standard and widely adopted method of equity compensation settlement across publicly traded companies, including major tech firms like Apple, Microsoft, and Google. This transaction aligns with typical industry practices for executive compensation and tax management.

Stakeholder Impact

• Shareholders: Minimal impact, as it's a routine transaction and does not signal a change in company fundamentals or executive confidence.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

Figma Inc., FIG, SEC Form 4, Insider transaction, Beneficial ownership, Restricted stock units, RSU, Tax withholding, Chief Accounting Officer, Herb Tyler