Form 4: Figma CRO Sells Shares for Tax Obligations

Figma's Chief Revenue Officer, Shaunt Voskanian, sold 26,741 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Shaunt Voskanian, Chief Revenue Officer of Figma, Inc., sold 26,741 shares of Class A Common Stock.
• The transaction occurred on November 3, 2025, at a weighted average price of $48.1713 per share.
• The sale was specifically to cover tax withholding obligations associated with the vesting and settlement of restricted stock units.
• This was a "sell to cover" transaction and not a discretionary sale by the reporting person.
• Following the transaction, Voskanian beneficially owns 1,602,866 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine 'sell to cover' for tax obligations related to RSU vesting, which is a neutral event and does not reflect discretionary selling or a change in management's outlook on the company.

Positives

• The sale was non-discretionary, indicating it was not a signal of lack of confidence in the company by the officer.

Future Outlook

NA

Management Comments

• The sales reported in this line item 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

NA

Stakeholder Impact

• Shareholders: A minor, non-discretionary sale by an executive is unlikely to have a significant impact on shareholder sentiment or the company's valuation.
• Employees: No direct impact on employees.

Key Dates

Recommendation

The filing details a routine 'sell to cover' transaction by a Chief Revenue Officer to satisfy tax obligations from RSU vesting. This is a non-discretionary sale and does not signal a change in the executive's confidence or the company's fundamentals. Therefore, it provides no new information that would warrant a change in investment recommendation; a 'hold' stance is maintained based on existing company fundamentals.

Keywords

Figma, FIG, Shaunt Voskanian, Chief Revenue Officer, CRO, Insider Trading, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding, Sell to Cover