Figma insider plans $6.5M stock sale on NYSE

Figma, Inc. (FIG) insider Brendan Mulligan filed a Form 144 notice to sell up to 211,599 shares of Figma common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $6,479,161.38, on or about August 28, 2026 on the NYSE.

Rhea-AI Filing Summary

Figma, Inc. (FIG) insider Brendan Mulligan filed a Form 144 notice to sell up to 211,599 shares of Figma common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $6,479,161.38, on or about August 28, 2026 on the NYSE.

The notice states that the shares to be sold were acquired via restricted stock units (including 131,175 shares acquired on July 30, 2025), the employee stock purchase plan (including 1,426 shares on November 14, 2025), and previously exercised stock options (including 78,998 shares on January 15, 2021). Figma reports 455,113,611 shares of common stock outstanding; this is a baseline figure, not the amount being offered.

Key Figures

Shares to be sold under Rule 144: 211,599 shares Aggregate market value of planned sale: $6,479,161.38 Shares outstanding: 455,113,611 shares +5 more

8 metrics

Shares to be sold under Rule 144 211,599 shares Planned sale of Figma common stock through Morgan Stanley Smith Barney LLC

Aggregate market value of planned sale $6,479,161.38 Value of 211,599 Figma common shares covered by the notice

Shares outstanding 455,113,611 shares Figma common stock outstanding as referenced in the notice

Restricted Stock Units acquired 131,175 shares Shares acquired from RSUs on 07/30/2025 included in securities to be sold

Employee Stock Purchase Plan shares 1,426 shares Shares acquired under the ESPP on 11/14/2025 included in securities to be sold

Previously exercised stock options 78,998 shares Shares acquired from previously exercised options on 01/15/2021

Recent 10b5-1 sale shares 18,213 shares Common shares sold for Brendan Mulligan during the past 3 months

Recent 10b5-1 sale proceeds $455,385.10 Proceeds from 18,213 Figma common shares sold in past 3 months

Key Terms

Rule 144, Restricted Stock Units, Employee Stock Purchase Plan, 10b5-1, +1 more

5 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

"Common | 07/30/2025 | Restricted Stock Units | Issuer |"

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.

Employee Stock Purchase Plan financial

"Common | 11/14/2025 | Employee Stock Purchase Plan | Issuer |"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

10b5-1 regulatory

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

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Previously Exercised Stock Options financial

"Common | 01/15/2021 | Previously Exercised Stock Options | Issuer |"

FAQ

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

What does Figma, Inc. (FIG) disclose in this Form 144 filing?

The filing reports that Brendan Mulligan has given notice of intent to sell up to 211,599 shares of Figma common stock under Rule 144 through Morgan Stanley Smith Barney LLC, with an aggregate market value of $6,479,161.38, expected around August 28, 2026.

How many Figma (FIG) shares are covered by Brendan Mulligan’s planned Rule 144 sale?

The notice covers up to 211,599 shares of Figma common stock. These shares were acquired through vesting of restricted stock units, purchases under the employee stock purchase plan, and previously exercised stock options over various dates.

What is the estimated market value of the Figma (FIG) shares in this Form 144?

The Form 144 lists an aggregate market value of $6,479,161.38 for the 211,599 shares of Figma common stock covered by the planned sale through Morgan Stanley Smith Barney LLC.

How many Figma (FIG) shares are outstanding, according to this notice?

The notice reports that there are 455,113,611 shares of Figma common stock outstanding. This figure provides context for the company’s total equity base and is not the amount being sold.

What prior transactions does Brendan Mulligan report in the last three months for FIG?

The filing lists 10b5-1 sales of 18,213 shares of Figma common stock during the past three months, with total proceeds reported as $455,385.10.

How were the Figma (FIG) shares in this Form 144 originally acquired?

The shares were acquired upon vesting of restricted stock units from July 30, 2025 through August 1, 2026, exercise of stock options from January 15, 2021 through April 26, 2021, and purchases under the employee stock purchase plan on November 14, 2025 and May 15, 2026.

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

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Available on EDGAR 08/28/2026 - 04:25 PM EDT Accepted by SEC EDGAR 08/28/2026 - 04:24 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	211599	6479161.38	455113611	08/28/2026	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	07/30/2025	Restricted Stock Units	Issuer			131175	07/30/2025	N/A
Common	11/14/2025	Employee Stock Purchase Plan	Issuer			1426	11/14/2025	Cash
Common	01/15/2021	Previously Exercised Stock Options	Issuer			78998	01/15/2021	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	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 7/30/2025 through 08/01/2026 The securities to be sold were acquired upon the exercise of stock options during the period of 1/15/2021 through 4/26/2021. The securities to be sold were acquired under the employee stock purchase plan on 11/14/2025 and 5/15/2026.
Date of Notice	08/28/2026
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)