Form 4: Figma CAO Sells Shares Under 10b5-1 Plan

Figma's Chief Accounting Officer, Herb Tyler, sold 2,310 shares of Class A Common Stock on December 3, 2025, through a pre-arranged 10b5-1 trading plan.

Summary

• Herb Tyler, Figma, Inc.'s Chief Accounting Officer, reported the sale of Class A Common Stock.
• On December 3, 2025, Tyler sold 1,200 shares at a weighted average price of $36.0983 per share, with prices ranging from $35.61 to $36.42.
• On the same date, Tyler sold an additional 1,110 shares at a weighted average price of $37.1358 per share, with prices ranging from $36.80 to $37.47.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Tyler on August 5, 2025.
• Following these transactions, Tyler beneficially owns 203,406 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports a routine, pre-planned insider stock sale under a 10b5-1 plan, which is typically for personal financial management and not indicative of new company-specific positive or negative developments.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than a reaction to new material non-public information, which enhances transparency.

Negatives

• Insider selling, even if pre-planned, reduces the reporting person's direct ownership in the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the reported ranges.

Industry Context

This insider transaction report is specific to Figma, Inc. and its Chief Accounting Officer. It does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders receive transparency regarding insider ownership changes, which can be a factor in investment decisions, though the impact of this specific transaction is likely minimal due to its pre-planned nature and the relatively small volume compared to the company's total outstanding shares.

Next Steps

• The Reporting Person is obligated to provide detailed share price information upon request from the SEC, the Issuer, or its stockholders.

Key Dates

Keywords

Figma, FIG, Insider Transaction, Form 4, Stock Sale, Herb Tyler, Chief Accounting Officer, 10b5-1 Plan