SEC Filing Analysis: Figma, Inc. (FIG)

Executive Summary

• Trading Significance: Low
• Key Takeaway: Chief Accounting Officer Herb Tyler disposed of 1,416 shares ($37.2K total value) pursuant to a pre-established Rule 10b5-1 trading plan, retaining over 99.4% of direct holdings.
• Market Impact: Neutral to negligible given the nominal transaction size relative to Figma's $15.42 billion market cap.

Company Information

Field	Value
Company	Figma, Inc.
Ticker Symbol	FIG
CIK	0001579878
Industry	Prepackaged Software [7372]

Insider Information

Field	Value
Name	Herb Tyler
CIK	0002073587
Title/Position	Chief Accounting Officer
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2026-09-03
Transaction Code	S (Open Market Sale)
Security Type	Class A Common Stock
Shares Involved	1,416
Price Per Share	$26.29
Total Value	$37,226.64
Shares Owned After	249,386
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$37,226.64
% of Market Cap	0.00024%
Shares Transacted	1,416
% of Shares Outstanding	0.00027%
Post-Transaction Ownership	249,386 shares (0.0472% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: Against Figma's $15.42B market capitalization, a $37.2K sale is immaterial and routine.
• Ownership Concentration: The sale accounted for roughly 0.56% of the officer's position, leaving substantial skin in the game with 249,386 shares retained.
• Dilution Impact: None; open-market secondary disposition.

Market Impact Analysis

• Direction: Neutral
• Reasoning: Executed under a standard Rule 10b5-1 plan established on May 21, 2026, without directional market signaling.
• Expected Volume Impact: Negligible relative to average daily trading liquidity.
• Sentiment Indicator: Neutral

Additional Context

• Special Circumstances: Executed pursuant to a Rule 10b5-1 trading plan adopted on May 21, 2026.