Figma (NYSE: FIG) director reports 422-share trust distribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. director John Osborne Lilly III reported an internal restructuring transaction involving 422 shares of Class A Common Stock. These shares were received via a pro rata distribution from WndrCo Holdings II, LP and are held indirectly through a revocable living trust of which he is a trustee. After this transaction, the trust-related holdings total 62,922 Class A shares, reflecting entity and estate-planning movements rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lilly III John Osborne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 422 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 62,922 shares (Indirect, By Trust)
Footnotes (1)
- Represents shares of Class A Common Stock received pursuant to a pro rata distribution by WndrCo Holdings II, LP to its partners. The distribution was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended. Includes 62,500 shares of Class A Common Stock transferred by the Reporting Person to a revocable living trust of which the Reporting Person is a trustee. These shares are held of record by a revocable living trust of which the Reporting Person is a trustee.
Key Figures
Restructuring shares: 422 shares
Indirect holdings after transaction: 62,922 shares
Shares transferred to trust (context): 62,500 shares
3 metrics
Restructuring shares
422 shares
Class A Common Stock received via pro rata distribution
Indirect holdings after transaction
62,922 shares
Class A Common Stock held through revocable living trust
Shares transferred to trust (context)
62,500 shares
Included in trust holdings per footnote disclosure
Key Terms
pro rata distribution, revocable living trust, Rules 16a-13 and/or 16a-9, Class A Common Stock
4 terms
pro rata distribution financial
"Represents shares of Class A Common Stock received pursuant to a pro rata distribution by WndrCo Holdings II, LP"
A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.
revocable living trust financial
"transferred by the Reporting Person to a revocable living trust of which the Reporting Person is a trustee"
Rules 16a-13 and/or 16a-9 regulatory
"The distribution was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934"
Class A Common Stock financial
"Represents shares of Class A Common Stock received pursuant to a pro rata distribution"
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
What did Figma (FIG) director John Osborne Lilly III report on this Form 4?
He reported an internal restructuring transaction involving 422 shares of Figma Class A Common Stock. The shares were received via a pro rata distribution and are held indirectly through a revocable living trust where he serves as trustee.
Was the Figma (FIG) Form 4 transaction an open-market buy or sell?
No, the transaction was coded “J” for other acquisition or disposition, classified as a restructuring event. It reflects a pro rata distribution and trust-related holding changes, not an open-market purchase or sale of Figma shares.
Does the Form 4 for Figma (FIG) indicate any option exercises or derivative positions?
No, the filing’s derivative summary is empty and transaction data only covers non-derivative Class A Common Stock. There are no reported option exercises, conversions, or other derivative security transactions in this particular Form 4.