Figma general counsel reports tax withholding of shares

Accepted by SEC EDGAR 08/04/2026 - 07:27 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Figma, Inc. officer Brendan Mulligan, General Counsel and Secretary, reported a code F transaction in which 12,020 shares of Class A Common Stock were withheld on August 1, 2026 to satisfy tax withholding liabilities from net settlement of restricted stock units at $24.32 per share. After this tax-withholding disposition, he directly holds 939,551 shares of Class A Common Stock.

Insider Trade Summary

Tax Withholding: 12,020 shares

Tax Withholding 1 txn

Insider Mulligan Brendan

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1	12,020	$24.32	$292K

Holdings After Transaction: Class A Common Stock — 939,551 shares (Direct)

Footnotes (1)

1. F1. The transaction represents the number of shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.

Key Figures

Shares withheld for taxes: 12,020 shares Per-share tax value: $24.32 per share Shares owned after transaction: 939,551 shares

3 metrics

Shares withheld for taxes 12,020 shares Code F tax-withholding disposition of Class A Common Stock on August 1, 2026

Per-share tax value $24.32 per share Value applied to the 12,020 withheld shares in the tax-withholding transaction

Shares owned after transaction 939,551 shares Direct Class A Common Stock holdings by Brendan Mulligan following the tax-withholding disposition

Key Terms

restricted stock units, net settlement, tax withholding liabilities, Class A Common Stock

4 terms

restricted stock units financial

"in connection with the net settlement 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.

net settlement financial

"in connection with the net settlement of restricted stock units."

tax withholding liabilities financial

"withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement"

Class A Common Stock financial

"The transaction represents the number of shares of Class A Common Stock withheld by the Issuer"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

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

What insider transaction did Figma (FIG) report for Brendan Mulligan?

Figma reported that General Counsel Brendan Mulligan had 12,020 shares of Class A Common Stock withheld on August 1, 2026 to cover tax liabilities from net settlement of restricted stock units at $24.32 per share, leaving him with 939,551 shares directly held.

Was the Figma (FIG) insider transaction an open-market sale?

No. The code F entry and footnote state that 12,020 shares of Class A Common Stock were withheld by the issuer to satisfy tax withholding liabilities related to net settlement of restricted stock units, rather than being sold in an open-market transaction.

How many Figma (FIG) shares does Brendan Mulligan own after this transaction?

Following the August 1, 2026 tax-withholding disposition, Brendan Mulligan directly owns 939,551 shares of Figma Class A Common Stock. This figure reflects his holdings after 12,020 shares were withheld to cover taxes on vested restricted stock units.

What price per share was used in the Figma (FIG) tax-withholding transaction?

The tax-withholding disposition used a value of $24.32 per share for the 12,020 shares of Figma Class A Common Stock withheld on August 1, 2026 in connection with the net settlement of Brendan Mulligan’s restricted stock units.

What does transaction code F mean in Figma’s (FIG) insider report?

In this report, transaction code F reflects payment of tax liability by delivering or withholding securities. Figma’s footnote explains that 12,020 shares were withheld to satisfy tax withholding liabilities tied to the net settlement of Brendan Mulligan’s restricted stock units.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Mulligan Brendan

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026

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	08/01/2026		F(1)		12,020	D	$24.32	939,551	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. The transaction represents the number of shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.

	/s/ Brendan Mulligan	08/04/2026
	** 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)