Figma CAO Sells Over $47K in Shares

Tyler Herb, the Chief Accounting Officer, has reduced his stake in the design software company

Mar. 5, 2026 at 11:22pm by Ben Kaplan

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Figma, Inc. (NYSE:FIG) Chief Accounting Officer Tyler Herb sold 1,678 shares of the company's stock on March 3rd, 2026 at an average price of $28.47 for a total transaction value of $47,772.66. Following the sale, Herb still owns 188,913 shares of Figma stock valued at approximately $5.38 million.

Why it matters

Insider selling can sometimes signal a lack of confidence in a company's future prospects, though a single sale does not necessarily indicate any broader issues. Figma is a fast-growing design software company, and investors will be watching to see if other executives follow Herb's lead in reducing their ownership stakes.

The details

Tyler Herb, Figma's Chief Accounting Officer, has made several stock sales over the past few months. On March 3rd, he sold 1,678 shares at an average price of $28.47. Prior to that, he sold shares on February 26th, February 19th, February 2nd, January 5th, and January 2nd at prices ranging from $24.86 to $37.21. The latest sale represented a 0.88% decrease in Herb's ownership of Figma stock.

  • On March 3, 2026, Tyler Herb sold 1,678 shares of Figma stock.
  • On February 26, 2026, Tyler Herb sold 1,492 shares of Figma stock.
  • On February 19, 2026, Tyler Herb sold 1,492 shares of Figma stock.
  • On February 2, 2026, Tyler Herb sold 2,232 shares of Figma stock.
  • On January 5, 2026, Tyler Herb sold 2,840 shares of Figma stock.

The players

Tyler Herb

The 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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What they’re saying

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— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Insider selling can sometimes be a concerning sign for investors, though a single sale does not necessarily indicate broader issues. Figma investors will be watching to see if other executives follow the CAO's lead in reducing their ownership stakes in the company.