Index funds tied to Figma (FIG) log in-kind share moves and small sale

Rhea-AI Filing Summary

Figma, Inc. director-associated entities reported an open-market sale and several fund distributions of Class A Common Stock. On May 18, 2026, Yucca Jersey SLP, an entity associated with Daniel H. Rimer, sold 12,475 shares at $24.36 per share, leaving 822,325 shares held indirectly through Yucca.

On May 19, 2026, multiple Index Ventures funds and related entities completed in-kind, pro rata distributions of shares without consideration, shifting ownership among their partners. These transactions included 2,758,691 shares distributed by Index Ventures VI (Jersey), L.P. and 55,684 shares distributed by Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. Daniel H. Rimer reports these holdings indirectly and disclaims beneficial ownership beyond any pecuniary interest.

Insights

Equity ownership & insider-transactions analyst

Activity is mainly fund-level share distributions plus a small sale.

The filing shows several J-code transactions that reflect in-kind, pro rata distributions by Index Ventures funds and related entities, all done without consideration under Rule 16a-9(a) and Rule 16a-13. These movements reallocate Figma shares among fund investors rather than signaling a directional view on the stock.

The only open-market signal is Yucca Jersey SLP’s sale of 12,475 shares at $24.36 per share on May 18, 2026, after which it still held 822,325 shares indirectly for the reporting person. Subsequent in-kind distributions reduced Yucca’s holdings to 799,175 shares, which remains a sizable position. Overall, these actions look like routine venture-fund portfolio management, not a thesis-changing shift.

Insider Trade Summary

Net Seller: 12,475 shares ($303,891)

Net Sell 8 txns

Insider Rimer Daniel H.

Role null

Sold 12,475 shs ($304K)

Type	Security	Shares	Price	Value
Other	Class A Common Stock	2,758,691	$0.00	--
Other	Class A Common Stock	55,684	$0.00	--
Other	Class A Common Stock	703,594	$0.00	--
Other	Class A Common Stock	23,150	$0.00	--
Sale	Class A Common Stock	12,475	$24.36	$304K
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 53,052,119 shares (Indirect, By Index Ventures VI (Jersey), L.P.); Class A Common Stock — 126,275 shares (Direct, null)

Footnotes (1)

1. On May 19, 2026, Index Ventures VI (Jersey), L.P. ("Index VI") distributed in-kind, without consideration, 2,758,691 shares of the Issuer's Class A Common Stock pro-rata to its limited partners and its general partner, Index Venture Associates VI Limited ("IVA VI"), in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On the same date, IVA VI distributed in-kind, without consideration, 689,673 shares of Class A Common Stock received in the Index VI distribution pro-rata to its partners, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. IVA VI is the managing general partner of Index VI and Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. ("Index VI Parallel"). Index Venture Growth Associates IV Limited ("IGA IV") is the managing general partner of Index Ventures Growth IV (Jersey), L.P. Index Ventures Growth Associates V Limited ("IGA V") is the managing general partner of Index Ventures Growth V (Jersey), L.P. Yucca (Jersey) SLP ("Yucca") is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Index funds' investment in the Issuer. The Reporting Person disclaims beneficial ownership of the shares for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose. On May 19, 2026, Index VI Parallel distributed in-kind, without consideration, 55,684 shares of the Issuer's Class A Common Stock pro-rata to its limited partners and its general partner, IVA VI, in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. On the same date, IVA VI distributed in-kind, without consideration, 13,921 shares of Class A Common Stock received in the Index VI Parallel distribution pro-rata to its partners, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. On May 19, 2026, Yucca distributed in-kind, without consideration, 23,150 shares of Class A Common Stock pro-rata to its partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. Represents shares of Class A Common Stock received in the distributions described herein made in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

Key Figures

Open-market sale: 12,475 shares at $24.36 Yucca holdings after sale: 822,325 shares Yucca holdings after distribution: 799,175 shares +5 more

8 metrics

Open-market sale 12,475 shares at $24.36 Yucca Jersey SLP sale on May 18, 2026

Yucca holdings after sale 822,325 shares Indirect holdings following May 18, 2026 sale

Yucca holdings after distribution 799,175 shares Indirect holdings following May 19, 2026 in-kind distribution

Index VI in-kind distribution 2,758,691 shares Distributed in-kind on May 19, 2026

IVA VI in-kind distribution 689,673 shares Shares received in Index VI distribution then re-distributed

Index VI Parallel distribution 55,684 shares Distributed in-kind on May 19, 2026

IVA VI re-distribution from Parallel 13,921 shares Shares received in Index VI Parallel distribution

Index VI holdings after transaction 53,052,119 shares Indirect holdings following May 19, 2026 distribution

Key Terms

distributed in-kind, Rule 16a-9(a), Rule 16a-13, pecuniary interest, +2 more

6 terms

distributed in-kind financial

"On May 19, 2026, Index Ventures VI (Jersey), L.P. distributed in-kind, without consideration, 2,758,691 shares"

Rule 16a-9(a) regulatory

"in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934"

Rule 16a-13 regulatory

"in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934"

pecuniary interest financial

"The Reporting Person disclaims beneficial ownership of the shares ... except to the extent of his pecuniary interest therein"

pro-rata financial

"distributed in-kind, without consideration, 2,758,691 shares ... pro-rata to its limited partners and its general partner"

Pro-rata means an amount is allocated to each party in proportion to their existing share or stake — each person receives the same percentage of the total as they already hold. For investors this matters because pro-rata rules determine how much additional stock, dividends, or voting power someone gets during new issuances or distributions, helping protect an investor’s relative ownership; think of it as slicing a cake so everyone keeps the same-sized slice relative to others.

beneficial ownership regulatory

"this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rimer Daniel H.

(Last) (First) (Middle)

C/O FIGMA, INC.

760 MARKET STREET, FLOOR 10

(Street)

SAN FRANCISCO CALIFORNIA 94102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/19/2026		J(1)		2,758,691	D	(1)	53,052,119	I	By Index Ventures VI (Jersey), L.P.(2)
Class A Common Stock	05/19/2026		J(3)		55,684	D	(3)	1,070,851	I	By Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P.(2)
Class A Common Stock	05/19/2026		J(1)(3)		703,594	D	(1)(3)	0	I	By Index Venture Associates VI Limited(2)
Class A Common Stock	05/18/2026		S		12,475	D	$24.36	822,325	I	By Yucca Jersey SLP(2)
Class A Common Stock	05/19/2026		J(4)		23,150	D	(4)	799,175	I	By Yucca Jersey SLP(2)
Class A Common Stock								2,521,618	I	By Index Ventures Growth IV (Jersey), L.P.(2)
Class A Common Stock								2,278,486	I	By Index Ventures Growth V (Jersey), L.P.(2)
Class A Common Stock								126,275(5)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On May 19, 2026, Index Ventures VI (Jersey), L.P. ("Index VI") distributed in-kind, without consideration, 2,758,691 shares of the Issuer's Class A Common Stock pro-rata to its limited partners and its general partner, Index Venture Associates VI Limited ("IVA VI"), in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On the same date, IVA VI distributed in-kind, without consideration, 689,673 shares of Class A Common Stock received in the Index VI distribution pro-rata to its partners, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

2. IVA VI is the managing general partner of Index VI and Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. ("Index VI Parallel"). Index Venture Growth Associates IV Limited ("IGA IV") is the managing general partner of Index Ventures Growth IV (Jersey), L.P. Index Ventures Growth Associates V Limited ("IGA V") is the managing general partner of Index Ventures Growth V (Jersey), L.P. Yucca (Jersey) SLP ("Yucca") is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Index funds' investment in the Issuer. The Reporting Person disclaims beneficial ownership of the shares for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.

3. On May 19, 2026, Index VI Parallel distributed in-kind, without consideration, 55,684 shares of the Issuer's Class A Common Stock pro-rata to its limited partners and its general partner, IVA VI, in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. On the same date, IVA VI distributed in-kind, without consideration, 13,921 shares of Class A Common Stock received in the Index VI Parallel distribution pro-rata to its partners, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

4. On May 19, 2026, Yucca distributed in-kind, without consideration, 23,150 shares of Class A Common Stock pro-rata to its partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

5. Represents shares of Class A Common Stock received in the distributions described herein made in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

	/s/ Daniel H. Rimer	05/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Figma (FIG) disclose for Daniel H. Rimer?

Figma disclosed that entities associated with director Daniel H. Rimer reported several in-kind fund distributions and one open-market sale. Yucca Jersey SLP sold 12,475 Class A shares at $24.36 per share, while Index Ventures funds distributed millions of shares pro rata to their own investors without consideration.

How many Figma (FIG) shares did Index Ventures VI distribute in-kind?

Index Ventures VI (Jersey), L.P. distributed in-kind 2,758,691 Figma Class A shares to its limited partners and its general partner. This pro rata distribution was made without consideration under Rule 16a-9(a) and Rule 16a-13, effectively moving shares from the fund to its underlying investors.

What was the size and price of the Figma (FIG) open-market sale in this Form 4?

Yucca Jersey SLP, an Index-related co-investment vehicle, sold 12,475 Figma Class A shares at $24.36 per share. After this sale, Yucca still held 822,325 shares indirectly for the reporting person, before later in-kind distributions modestly reduced that indirect holding balance.

Did Daniel H. Rimer personally trade Figma (FIG) shares, or were transactions via entities?

The transactions were reported through entities such as Index Ventures funds, Index Venture Associates VI Limited, and Yucca Jersey SLP. Footnotes state that Daniel H. Rimer disclaims beneficial ownership for Section 16 purposes except for any pecuniary interest, emphasizing the entity-level nature of these holdings.

How many Figma (FIG) shares did Yucca Jersey SLP distribute in-kind?

On May 19, 2026, Yucca Jersey SLP distributed in-kind 23,150 Figma Class A shares pro rata to its partners. This distribution was made without consideration, relying on exemptions under Rule 16a-9(a) and Rule 16a-13, and reduced Yucca’s remaining indirect holdings in the issuer.

What were the in-kind distributions by Index Ventures VI Parallel related to Figma (FIG)?

Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. distributed 55,684 Figma Class A shares in-kind to its limited partners and its general partner, Index Venture Associates VI Limited. IVA VI then distributed 13,921 of those received shares in-kind to its own partners, all without consideration under Exchange Act exemptions.