Figma, Inc. has seen a notable transaction reported by its Chief Revenue Officer, Voskanian Shaunt. The filing indicates that Shaunt withheld shares of Class A Common Stock to meet tax obligations related to restricted stock units. This transaction is significant as it illustrates how companies manage stock-based compensation for their executives.
The report, filed on October 5, 2026, details that Shaunt acquired 8,080 shares at a price of $21.02 each on October 1, 2026. Following this transaction, Shaunt holds a total of 1,682,460 shares of Figma's Class A Common Stock. The filing notes that this transaction was necessary to satisfy tax withholding liabilities, a common occurrence in the industry.
Background
Figma, Inc. is a company known for its software services, specifically in the prepackaged software sector. The company is incorporated in Delaware and has its business operations based in San Francisco, California. Figma is recognized for its collaborative design platform that has gained popularity among designers and teams worldwide.
What the Filing Says
The transaction represents the number of shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.
Impact
This transaction may influence perceptions of executive compensation at Figma, as stakeholders often scrutinize how companies handle stock-based compensation. Such practices are not uncommon in the prepackaged software industry, where companies like Figma must balance rewarding executives while maintaining shareholder value.
What's Next
The filing does not say what happens next.