Form 4: Figma CRO Shaunt Voskanian Sells Shares for Tax
Insider Transaction Report
Figma's Chief Revenue Officer, Shaunt Voskanian, reported a disposition of 8,061 Class A Common Stock shares to cover tax liabilities related to restricted stock units.
Summary
- Shaunt Voskanian, Chief Revenue Officer of Figma, Inc. (FIG), reported a transaction on March 1, 2026.
- The transaction involved the disposition of 8,061 shares of Class A Common Stock.
- These shares were withheld by Figma to satisfy 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, Mr. Voskanian beneficially owns 1,572,120 shares of Class A Common Stock directly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While it's a disposition, it's a routine tax-related sale following RSU vesting, which implies compensation realization for the executive.
Positives
- The transaction is a routine tax withholding, indicating the vesting of restricted stock units, which is generally a positive event for the executive as it represents compensation realization.
Negatives
- A disposition of shares, even for tax purposes, reduces the insider's direct ownership in the company.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings from restricted stock unit vesting, are common occurrences in the tech industry. These transactions typically do not signal a change in management's outlook on the company's prospects but rather reflect standard compensation practices and tax obligations.
Stakeholder Impact
- Shareholders: The disposition represents a minor dilution of outstanding shares, but it is a standard part of executive compensation and not indicative of a lack of confidence.
- Employees: The vesting of RSUs and subsequent tax withholding is a common compensation practice, potentially signaling continued executive retention and reward.
Key Dates
| Date | Description |
|---|---|
| 03/01/2026 | Transaction Date: Disposition of Class A Common Stock for tax withholding. |
| 03/03/2026 | Filing Date of the Statement of Changes in Beneficial Ownership. |
Keywords
Figma, FIG, Shaunt Voskanian, Insider Trading, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, CRO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.