Figma CAO Sells Over $47K in Shares

Tyler Herb, Chief Accounting Officer, reduces stake in design software company

Mar. 3, 2026 at 5:47am by Ben Kaplan

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Figma, Inc. (NYSE:FIG) Chief Accounting Officer Tyler Herb sold 1,492 shares of the company's stock on Thursday, February 26th. The shares were sold at an average price of $32.00, resulting in a total transaction of $47,744.00. Following the sale, Herb still owns 192,942 shares of Figma stock, valued at $6,174,144.

Why it matters

Insider transactions, such as stock sales by company executives, can provide insight into management's views on a company's prospects. Herb's sale represents a 0.77% decrease in his ownership stake in Figma, a leading design software provider.

The details

The sale was disclosed in a filing with the SEC. Herb has made several other stock sales in recent months, including transactions on February 19th, February 2nd, January 5th, January 2nd, and December 3rd. The sales have occurred at various price points as Figma's stock has fluctuated.

  • The shares were sold on Thursday, February 26th.
  • Herb also sold shares on February 19th, February 2nd, January 5th, January 2nd, and December 3rd.

The players

Tyler Herb

Chief Accounting Officer of Figma, Inc.

Figma, Inc.

A San Francisco-based software company that offers a web-based platform for interface design, prototyping and collaboration.

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The takeaway

Insider transactions can provide valuable insights into a company's performance and management's outlook. While Herb's sale represents a relatively small portion of his overall stake, it may signal that he sees near-term headwinds for Figma's stock price.