Form 4: Figma CAO Tyler Reports Tax-Related Share Disposition
Statement of Changes in Beneficial Ownership
Chief Accounting Officer Tyler Herb disposed of 2,026 shares of Figma Class A Common Stock to satisfy tax withholding obligations.
Summary
- Tyler Herb, Chief Accounting Officer of Figma, Inc., executed a transaction on May 1, 2026.
- The transaction involved the disposition of 2,026 shares of Class A Common Stock.
- The shares were withheld by the company at a price of $17.70 per share.
- The transaction was a net settlement of restricted stock units to cover tax liabilities.
- Following this transaction, the reporting person retains beneficial ownership of 266,824 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax compliance.
Positives
- The transaction was a routine administrative action related to tax obligations rather than a discretionary market sale.
- The reporting person maintains a significant equity stake of 266,824 shares in the company.
Negatives
- The filing reflects a reduction in the direct share ownership of a key executive.
Risks
- None identified; this is a standard tax-withholding transaction.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that net settlement transactions for tax obligations are standard practice for executives receiving equity-based compensation and do not typically signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction follows standard corporate governance practices for equity compensation management.
- The use of net settlement to satisfy tax liabilities is consistent with industry norms for publicly traded technology companies.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine tax-related settlement.
Key Dates
| Date | Description |
|---|---|
| 05/01/2026 | Date of the reported transaction. |
| 05/05/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Figma, FIG, Form 4, Insider Trading, Tax Withholding, Equity Compensation
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