How is the revocable living trust related to Figma (FIG) director John Osborne Lilly III?

The revocable living trust holding 62,922 Figma Class A shares lists John Osborne Lilly III as a trustee. Because of this role, those shares are reported as indirect ownership in the Form 4, reflecting his control through the trust structure rather than direct personal holding.

Director at Figma (NYSE: FIG) receives 12,415 RSUs equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lilly III John Osborne reported acquisition or exercise transactions in this Form 4 filing.

Figma, Inc. director John Osborne Lilly III reported a compensation-related grant of 12,415 restricted stock units (RSUs) of Class A Common Stock. The RSUs were awarded at $0.00 per share and will vest in line with the award’s stated terms, with each RSU settling into one share.

Following this grant, Lilly holds 12,415 shares directly and 62,922 shares indirectly through a revocable living trust of which he is a trustee. The filing shows no open‑market purchases or sales; the activity reflects equity compensation and updated indirect holdings.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Lilly III John Osborne

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	12,415	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 12,415 shares (Direct, null); Class A Common Stock — 62,922 shares (Indirect, By Trust)

Footnotes (1)

Includes 12,415 restricted stock units ("RSUs") that vest in accordance with the terms of the award. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement. These securities are held by a revocable living trust of which the Reporting Person is a trustee.

Key Figures

RSUs granted: 12,415 RSUs Grant price: $0.00 per share Direct holdings after grant: 12,415 shares +2 more

5 metrics

RSUs granted 12,415 RSUs Equity award of Class A Common Stock

Grant price $0.00 per share Price for 12,415 RSU award

Direct holdings after grant 12,415 shares Class A Common Stock held directly

Indirect holdings via trust 62,922 shares Class A Common Stock held by revocable living trust

Acquire transactions count 1 transaction Grant/award acquisition in transactionSummary

Key Terms

restricted stock units ("RSUs"), revocable living trust, Class A Common Stock

3 terms

restricted stock units ("RSUs") financial

"Includes 12,415 restricted stock units ("RSUs") that vest in accordance with the terms of the award."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

revocable living trust financial

"These securities are held by a revocable living trust of which the Reporting Person is a trustee."

Class A Common Stock financial

"Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement."

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.

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Form 4 Insider Transactions: What Each Field Means →

06/04/2026 - 05:14 PM

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^*

Lilly III John Osborne

(Last)

(First)

(Middle)

C/O FIGMA, INC.

760 MARKET STREET, FLOOR 10

(Street)

SAN FRANCISCO

CALIFORNIA

94102

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/02/2026		A		12,415⁽¹⁾	A	$0	12,415	D
Class A Common Stock								62,922	I	By Trust⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes 12,415 restricted stock units ("RSUs") that vest in accordance with the terms of the award. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement.

2. These securities are held by a revocable living trust of which the Reporting Person is a trustee.

	/s/ Brendan Mulligan, Attorney-in-Fact	06/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Figma (FIG) report for John Osborne Lilly III?

Figma director John Osborne Lilly III received 12,415 restricted stock units (RSUs) of Class A Common Stock as an equity award. The grant was at no cash cost and will vest according to the award’s terms, reflecting compensation rather than an open-market purchase.

How many Figma (FIG) shares does John Osborne Lilly III hold after this Form 4?

After the reported transactions, John Osborne Lilly III holds 12,415 shares of Figma Class A Common Stock directly and 62,922 shares indirectly. The indirect shares are held through a revocable living trust where he serves as trustee, consolidating his reported ownership positions.

What are the terms of the 12,415 RSUs granted to the Figma (FIG) director?

The 12,415 RSUs granted to the Figma director vest in accordance with the award’s terms. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement, providing future equity rather than immediate freely tradable shares.

Were there any open-market buys or sells in this Figma (FIG) Form 4?

The Form 4 does not show any open-market purchases or sales. It reports a grant of 12,415 RSUs at a price of $0.00 per share and an updated indirect holding entry for 62,922 shares in a revocable living trust, both non-market transactions.