Figma insider plans $2.8M Rule 144 stock sale

Brendan Mulligan files a Rule 144 notice to sell 109,106 FIGMA, INC. common shares previously acquired from RSU vesting and option exercises.

Rhea-AI Filing Summary

Figma, Inc. (FIG) is named as the issuer in a notice that Brendan Mulligan intends to sell common stock under Rule 144. The filing lists 109,106 shares of common stock to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,807,297.38 and 455,113,611 shares of common stock outstanding as of September 3, 2026. The shares to be sold were acquired upon vesting of restricted stock units during the period from May 16, 2024 through September 1, 2026 and upon exercise of stock options during the period from February 28, 2020 through April 26, 2021. The notice also reports recent 10b5-1 sales by Mulligan totaling several tranches in July and August 2026.

Key Figures

Shares to be sold under Rule 144: 109,106 shares Aggregate market value of shares to be sold: $2,807,297.38 Shares outstanding: 455,113,611 shares +5 more

8 metrics

Shares to be sold under Rule 144 109,106 shares Common stock listed with Morgan Stanley Smith Barney LLC as broker

Aggregate market value of shares to be sold $2,807,297.38 Market value associated with 109,106 FIG common shares in the notice

Shares outstanding 455,113,611 shares Figma, Inc. common stock outstanding as of September 3, 2026

RSU-based shares to be sold 27,833 shares Common stock acquired from restricted stock units dated May 16, 2024

Option-based shares to be sold 81,273 shares Common stock acquired from previously exercised options dated February 28, 2020

10b5-1 sale on August 28, 2026 (first tranche) 11,599 shares for $341,592.87 Common stock sold pursuant to 10b5-1 for Brendan Mulligan

10b5-1 sale on August 28, 2026 (second tranche) 200,000 shares for $5,962,630.00 Common stock sold pursuant to 10b5-1 for Brendan Mulligan

10b5-1 sale on July 29, 2026 18,213 shares for $455,385.10 Common stock sold pursuant to 10b5-1 for Brendan Mulligan

Key Terms

Rule 144, restricted stock units, Previously Exercised Options, 10b5-1 Sales

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock units financial

"The securities to be sold were acquired upon the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Previously Exercised Options financial

"Common | 02/28/2020 | Previously Exercised Options | Issuer"

10b5-1 Sales regulatory

"10b5-1 Sales for BRENDAN MULLIGAN 760 Market Street"

10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for FIG indicate about Brendan Mulligan's planned share sale?

The Form 144 notice states that Brendan Mulligan plans to sell 109,106 shares of Figma, Inc. common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,807,297.38 as referenced in the filing.

How many Figma, Inc. (FIG) shares are outstanding according to this Form 144?

The notice reports that Figma, Inc. has 455,113,611 shares of common stock outstanding as of September 3, 2026; this figure is a context baseline and not the amount being sold.

What is the source of the FIG shares Brendan Mulligan plans to sell?

According to the remarks, the securities to be sold were acquired upon the vesting of restricted stock units between May 16, 2024 and September 1, 2026, and upon the exercise of stock options between February 28, 2020 and April 26, 2021.

What Rule 10b5-1 sales of FIG shares are disclosed in the past three months?

The filing lists 10b5-1 sales for Brendan Mulligan of 11,599 shares for $341,592.87 and 200,000 shares for $5,962,630.00 on August 28, 2026, and 18,213 shares for $455,385.10 on July 29, 2026.

What types of FIG equity awards underlie the securities to be sold under this Form 144?

The securities to be sold include 27,833 shares acquired from restricted stock units dated May 16, 2024 and 81,273 shares from previously exercised options dated February 28, 2020, as described in the securities-to-be-sold section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/03/2026 - 05:37 PM EDT Accepted by SEC EDGAR 09/03/2026 - 05:09 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002073801
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	FIGMA, INC.
SEC File Number	001-42761
Address of Issuer	760 Market Street, Floor 10 San Francisco CALIFORNIA 94102
Phone	4158905404
Name of Person for Whose Account the Securities are To Be Sold	BRENDAN MULLIGAN
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	109106	2807297.38	455113611	09/03/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/16/2024	Restricted Stock Units	Issuer			27833	05/16/2024	N/A
Common	02/28/2020	Previously Exercised Options	Issuer			81273	02/28/2020	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for BRENDAN MULLIGAN 760 Market Street, Floor 10 San Francisco CA 94102	Common	08/28/2026	11599	341592.87
10b5-1 Sales for BRENDAN MULLIGAN 760 Market Street, Floor 10 San Francisco CA 94102	Common	08/28/2026	200000	5962630.00
10b5-1 Sales for BRENDAN MULLIGAN 760 Market Street, Floor 10 San Francisco CA 94102	Common	07/29/2026	18213	455385.10

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock units during the period of 05/16/2024 through 09/01/2026. The securities to be sold were acquired upon the exercise of stock options during the period of 02/28/2020 through 4/26/2021.
Date of Notice	09/03/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/29/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Brendan Mulligan
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)