Form 4: Figma Chief Accounting Officer Sells Shares for Tax

Figma's Chief Accounting Officer, Tyler Herb, sold 3,073 shares of Class A Common Stock to cover tax withholding obligations.

Summary

• Tyler Herb, Chief Accounting Officer of Figma, Inc. (FIG), reported a transaction on December 1, 2025.
• Herb disposed of 3,073 shares of Class A Common Stock at a weighted average price of $35.4481 per share.
• The total value of the shares sold was approximately $108,900.97.
• The sale was explicitly stated as a 'sell to cover' transaction to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units, not a discretionary sale.
• Following this transaction, Tyler Herb beneficially owns 205,716 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a non-discretionary 'sell to cover' for tax purposes, which is a neutral event and does not reflect management's sentiment on the company's future performance.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it reports a past insider transaction.

Management Comments

• The sales reported represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units.
• The sales were to satisfy tax withholding obligations to be funded by a 'sell to cover' transaction and do not represent discretionary transactions by the Reporting Person.

Industry Context

This Form 4 filing reports a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as the sale is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or company fundamentals.

Key Dates

Keywords

Figma, FIG, Form 4, Insider Transaction, Stock Sale, Chief Accounting Officer, Tyler Herb, Sell to Cover, Tax Withholding