Figma GC Mulligan sells shares to cover RSU taxes

Figma, Inc. General Counsel and Secretary Brendan Mulligan reported automatic sales of Class A common stock tied to tax withholding on vested restricted stock units.

Rhea-AI Filing Summary

Figma, Inc. General Counsel and Secretary Brendan Mulligan reported automatic sales of Class A common stock tied to tax withholding on vested restricted stock units. On February 2, 2026, he sold 3,286 shares at a weighted average price of $24.3578 and 4,385 shares at a weighted average price of $25.2405.

The filing explains these were "sell to cover" transactions to satisfy tax obligations and are not discretionary trades by Mulligan. Following the reported sales, he beneficially owned 855,716 shares of Figma Class A common stock directly.

Insider Trade Summary

Net Seller: 7,671 shares

Net Sell 2 txns

Insider Mulligan Brendan

Role General Counsel and Secretary

Sold 7,671 shs ($191K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,286	$24.3578	$80K
Sale	Class A Common Stock	4,385	$25.2405	$111K

Holdings After Transaction: Class A Common Stock — 855,716 shares (Direct)

Footnotes (3)

1. F1. 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. F2. 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 $23.99 to $24.9861, 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. F3. 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 $24.99 to $25.67, 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.

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 and Secretary Brendan Mulligan sold Class A common stock in two transactions on February 2, 2026. These sales were tied to tax withholding on vested restricted stock units under a sell-to-cover arrangement.

How many Figma (FIG) shares did Brendan Mulligan sell and at what prices?

Brendan Mulligan sold 3,286 shares at a weighted average price of $24.3578 and 4,385 shares at a weighted average price of $25.2405. Both transactions involved Figma Class A common stock.

Why were Brendan Mulligan’s Figma (FIG) share sales executed?

The filing states Mulligan’s sales were to cover tax withholding obligations arising from the vesting and settlement of restricted stock units. The transactions were structured as sell-to-cover and are described as non-discretionary for the reporting person.

How many Figma (FIG) shares does Brendan Mulligan own after these transactions?

After the reported transactions, Brendan Mulligan beneficially owned 855,716 shares of Figma Class A common stock. The Form 4 indicates these shares are held with direct ownership following the February 2, 2026 sales.

What do the weighted average prices mean in Figma (FIG) Form 4?

The weighted average prices reflect multiple trades within price ranges. For one sale, shares were sold between $23.99 and $24.9861; for the other, between $24.99 and $25.67. The filing notes detailed breakdowns are available on request.

Is Brendan Mulligan’s Figma (FIG) stock sale a routine tax sell-to-cover?

Yes. The Form 4 explains the sales were executed to satisfy tax withholding obligations related to vested restricted stock units. It specifies these transactions were intended as sell-to-cover and do not represent discretionary trades by Mulligan.

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

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Accepted by SEC EDGAR 02/04/2026 - 08:00 PM Learn about SEC filing dates

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 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)
	General Counsel and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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	02/02/2026		S(1)		3,286	D	$24.3578(2)	860,101	D
Class A Common Stock	02/02/2026		S(1)		4,385	D	$25.2405(3)	855,716	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 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 $23.99 to $24.9861, 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 $24.99 to $25.67, 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.

	/s/ Brendan Mulligan	02/04/2026
	** 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.