STOCK TITAN

Figma (FIG) CFO discloses tax-related insider share sales and holdings

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc.'s Chief Financial Officer and Treasurer reported routine share sales tied to tax withholding on vested restricted stock units. On 01/02/2026, the reporting person sold 6,031 shares of Class A common stock at a weighted average price of $36.8967 and 5,849 shares at a weighted average price of $37.5285. The filing explains these were "sell to cover" transactions to satisfy tax obligations and were not discretionary trades.

After these transactions, the officer beneficially owned 1,566,545 Class A common shares directly and an additional 118,363 shares indirectly through APM33, LLC, where the officer serves as a manager. The form is filed as an individual reporting person and indicates the officer’s role as CFO and Treasurer of Figma.

Positive

  • None.

Negative

  • None.
Insider Melwani Praveer
Role CFO and Treasurer
Sold 11,880 shs ($442K)
Type Security Shares Price Value
Sale Class A Common Stock 6,031 $36.8967 $223K
Sale Class A Common Stock 5,849 $37.5285 $220K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 1,572,394 shares (Direct); Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)
Footnotes (1)
  1. The sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $36.25 to $37.243, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $37.25 to $38.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
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*
Melwani Praveer

(Last) (First) (Middle)
C/O FIGMA, INC.
760 MARKET STREET, FLOOR 10

(Street)
SAN FRANCISCO CA 94102

(City) (State) (Zip)
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)
CFO and Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/02/2026 S(1) 6,031 D $36.8967(2) 1,572,394 D
Class A Common Stock 01/02/2026 S(1) 5,849 D $37.5285(3) 1,566,545 D
Class A Common Stock 118,363 I By APM33, LLC(4)
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 sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.
2. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $36.25 to $37.243, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades.
3. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $37.25 to $38.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades.
4. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
/s/ Brendan Mulligan, Attorney-in-Fact 01/06/2026
** 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.

FAQ

What insider transaction did Figma (FIG) disclose in this Form 4?

The CFO and Treasurer of Figma, Inc. reported selling 6,031 and 5,849 shares of Class A common stock on 01/02/2026 in connection with tax withholding on vested restricted stock units.

Why did the Figma (FIG) CFO sell shares on 01/02/2026?

The filing states the shares were sold to cover tax withholding obligations arising from the vesting and settlement of restricted stock units and that these were "sell to cover" transactions, not discretionary trades.

At what prices were the Figma (FIG) shares sold by the CFO?

The reported weighted average sale prices were $36.8967 for the 6,031 shares and $37.5285 for the 5,849 shares, each derived from block trades within stated price ranges.

How many Figma (FIG) shares does the CFO own after the reported sales?

Following the transactions, the reporting person beneficially owned 1,566,545 Class A common shares directly and 118,363 shares indirectly through APM33, LLC.

What is the relationship of the reporting person to Figma (FIG)?

The reporting person is an officer of Figma, serving as CFO and Treasurer, and filed the Form 4 as a single reporting person.

What does the filing say about the indirect Figma (FIG) share ownership?

The filing explains that 118,363 shares are held by APM33, LLC, an entity for which the reporting person is a manager, resulting in indirect beneficial ownership.