STOCK TITAN

Figma insider Form 4: CFO sells 16,092 shares for RSU taxes

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. (FIG) Form 4: The company’s CFO and Treasurer reported a sale of 16,092 shares of Class A common stock on 11/03/2025. The filing states the sale was a sell-to-cover to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units, and not a discretionary trade.

The shares were sold at a weighted average price of $48.1713, with block trades executed within a price range of $47.47 to $50.04. Following the transaction, the reporting person beneficially owns 1,637,450 shares directly and 142,500 shares indirectly through APM33, LLC.

Positive

  • None.

Negative

  • None.

Insights

Administrative sell-to-cover; limited signal on fundamentals.

The reported 16,092-share sale by Figma’s CFO on 11/03/2025 is explicitly described as a sell-to-cover for RSU tax withholding. Such transactions typically reflect payroll tax obligations rather than a view on the company’s prospects.

Execution occurred via block trades at a weighted average of $48.1713 within $47.47$50.04. Post-transaction holdings remain substantial at 1,637,450 direct shares and 142,500 indirect via APM33, LLC. Actual market impact depends on broader trading volumes and is generally modest for sell-to-cover events.

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)
11/03/2025
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 11/03/2025 S(1) 16,092 D $48.1713(2) 1,637,450 D
Class A Common Stock 142,500 I By APM33, LLC(3)
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 $47.47 to $50.04, 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. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
/s/ Brendan Mulligan, Attorney-in-Fact 11/05/2025
** 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 did Figma (FIG) disclose in this Form 4?

The CFO and Treasurer reported selling 16,092 Class A shares on 11/03/2025 as a sell-to-cover for RSU tax withholding.

What was the sale price in the Figma (FIG) insider transaction?

The filing lists a weighted average price of $48.1713, with trades ranging from $47.47 to $50.04.

How many Figma (FIG) shares does the insider own after the trade?

Post-transaction, the reporting person holds 1,637,450 shares directly and 142,500 shares indirectly via APM33, LLC.

Was the Figma (FIG) sale discretionary?

No. The filing states the sale was to cover tax withholding related to RSU vesting and settlement.

Who is the reporting person in this Figma (FIG) Form 4?

An Officer, serving as CFO and Treasurer of Figma, Inc.
Figma

NYSE:FIG

FIG Rankings

FIG Latest News

FIG Latest SEC Filings

FIG Stock Data

16.04B
36.94M
50.52%
50.68%
1.31%
Software - Application
Services-prepackaged Software
Link
United States
SAN FRANCISCO