Figma, Inc. (FIG) CFO has 11,172 shares withheld for taxes
Rhea-AI Filing Summary
Figma, Inc. officer Praveer Melwani, CFO and Treasurer, reported a tax-withholding disposition, with 11,172 shares of Class A Common Stock withheld by the issuer at $24.32 per share on August 1, 2026 to satisfy RSU-related tax liabilities, leaving 1,714,544 shares held directly and 118,363 shares held indirectly through APM33, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,172 shares
Net Sell
2 txns
Insider
Melwani Praveer
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 11,172 | $24.32 | $272K |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,714,544 shares (Direct);
Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)
Footnotes (2)
- 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.
- F2. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
Key Figures
Shares withheld for taxes: 11,172 shares
Tax-withholding price per share: $24.32 per share
Direct holdings after transaction: 1,714,544 shares
+1 more
4 metrics
Shares withheld for taxes
11,172 shares
Class A Common Stock withheld on August 1, 2026 to satisfy RSU tax liabilities
Tax-withholding price per share
$24.32 per share
Value applied to the 11,172 withheld shares on August 1, 2026
Direct holdings after transaction
1,714,544 shares
Class A Common Stock held directly by Praveer Melwani following the withholding
Indirect holdings via APM33, LLC
118,363 shares
Class A Common Stock held indirectly through APM33, LLC
Key Terms
restricted stock units, net settlement, tax withholding liabilities
3 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
"to satisfy tax withholding liabilities in connection with the net settlement"
tax withholding liabilities financial
"shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Figma (FIG) CFO Praveer Melwani report in this Form 4?
Figma CFO Praveer Melwani reported a tax-withholding disposition where 11,172 Class A shares were withheld by the issuer at $24.32 per share to cover RSU tax liabilities, updating both his direct and indirect share holdings.
How are APM33, LLC holdings treated in this Figma (FIG) Form 4?
The filing states that 118,363 Figma Class A shares are held by APM33, LLC, with Praveer Melwani described as a manager. These are reported as indirect holdings, distinct from the 1,714,544 Class A shares he holds directly.