Figma CEO Dylan Field gifts 40,000 Class B shares
Figma, Inc. (FIG) reported that President & CEO Dylan Field, a director and more than 10% owner, made a bona fide gift of 40,000 shares of Class B Common Stock on 2026-08-27 through the Field 2024 GRAT Remainder Trust.
Rhea-AI Filing Summary
Figma, Inc. (FIG) reported that President & CEO Dylan Field, a director and more than 10% owner, made a bona fide gift of 40,000 shares of Class B Common Stock on 2026-08-27 through the Field 2024 GRAT Remainder Trust. Each Class B share is convertible into one Class A share. After these transactions, Field is reported as holding 36,737,566 underlying Class A shares directly, plus additional indirect holdings through a descendants trust and an associated LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
40,000 shares gifted
Gift
4 txns
Insider
Field Dylan
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock F1, F2, F3 | 40,000 | $0.00 | $0.00 |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1, F4 | -- | -- | -- |
| holding | Class B Common Stock F1, F5 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 1,431,767 contracts for 1,122,908 underlying shares (Indirect, By Trust);
Class B Common Stock — 36,737,566 contracts (Direct);
Class B Common Stock — 14,754,517 contracts (Indirect, See footnote)
Footnotes (5)
- F1. Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
- F2. Represents bona fide gifts by the Reporting Person.
- F3. These shares are held by the Field 2024 GRAT Remainder Trust, of which A7P Trust Company serves as trustee and may be replaced at the discretion of the Reporting Person.
- F4. These shares are held by the Field 2021 Descendants Trust, of which Bryn Mawr Trust Company of Delaware serves as trustee and may be replaced at the discretion of the Reporting Person.
- F5. These shares are held of record by LLL Investments LLC which is associated with the Reporting Person.
Key Figures
Gifted Class B shares: 40,000 shares
Direct underlying Class A shares after transaction: 36,737,566 shares
Indirect underlying Class A shares (Field 2021 Descendants Trust): 1,122,908 shares
+3 more
6 metrics
Gifted Class B shares
40,000 shares
Bona fide gift on 2026-08-27 via Field 2024 GRAT Remainder Trust
Direct underlying Class A shares after transaction
36,737,566 shares
Direct holdings corresponding to Class B Common Stock position
Indirect underlying Class A shares (Field 2021 Descendants Trust)
1,122,908 shares
Indirect ownership through Field 2021 Descendants Trust
Indirect underlying Class A shares (LLL Investments LLC)
14,754,517 shares
Indirect ownership held of record by LLL Investments LLC associated with Dylan Field
Gift transaction price per share
$0.0000 per share
Reported for the 40,000-share bona fide gift of Class B Common Stock
Gifted underlying Class A shares
40,000 shares
Underlying Class A Common Stock corresponding to gifted Class B shares
Key Terms
bona fide gift, Class B Common Stock, Amended and Restated Certificate of Incorporation, GRAT, +1 more
5 terms
bona fide gift financial
"Represents bona fide gifts by the Reporting Person."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Amended and Restated Certificate of Incorporation regulatory
"events or conditions described in the Issuer's Amended and Restated Certificate"
A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.
GRAT financial
"These shares are held by the Field 2024 GRAT Remainder Trust"
descendants trust financial
"These shares are held by the Field 2021 Descendants Trust"
FAQ
What insider transaction did FIG (Figma, Inc.) disclose for Dylan Field?
Dylan Field reported a bona fide gift of 40,000 shares of Figma Class B Common Stock on 2026-08-27, made through the Field 2024 GRAT Remainder Trust. The transaction was reported as a gift, not a market sale or purchase.
What indirect Figma (FIG) holdings does Dylan Field report after this Form 4?
After the transactions, Dylan Field reports indirect interests in 1,122,908 underlying Class A shares held by the Field 2021 Descendants Trust and 14,754,517 underlying Class A shares held of record by LLL Investments LLC associated with him.
What is the relationship between Figma’s Class B and Class A Common Stock?
Each share of Figma’s Class B Common Stock is convertible into one share of Class A Common Stock at any time at the holder’s election or automatically upon certain transfers or events described in the company’s Amended and Restated Certificate of Incorporation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
