Herb Tyler, the Chief Accounting Officer of Figma, Inc., recently reported a transaction involving 1,838 shares of Class A Common Stock. This transaction is significant as it reflects the ongoing management of equity compensation at the company.
According to the SEC filing dated October 5, 2026, the transaction took place on October 1, 2026. The shares were withheld to satisfy tax withholding liabilities associated with the net settlement of restricted stock units. Following this transaction, Tyler owns a total of 247,548 shares of the company's stock.
Background
Figma, Inc. is a notable player in the prepackaged software industry, classified under the SIC code for services related to prepackaged software. The company has been publicly traded and operates under the trading symbol FIG. Its business address is located at 760 Market Street, Floor 5, San Francisco, CA.
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 affect Figma's stakeholders, including its employees and investors. By managing stock transactions related to tax liabilities, the company demonstrates its commitment to compliance and effective equity management.
What's Next
The filing does not say what happens next.