Figma (FIG) CFO files Form 4 for 15,781-share sell-to-cover trade
Rhea-AI Filing Summary
Figma, Inc. filed a Form 4 reporting that its CFO and Treasurer sold shares of Class A common stock on 12/01/2025. The filing shows a sale of 15,781 shares at a weighted average price of $35.4481 per share. According to the explanation, these shares were sold automatically to cover tax withholding obligations tied to the vesting and settlement of restricted stock units, and were not discretionary trades by the executive.
After this transaction, the reporting person beneficially owns 1,591,139 Class A shares directly and 129,500 shares indirectly through APM33, LLC, where the reporting person serves as a manager. The price reflects block trades executed for multiple security holders within a range from $34.26 to $36.09.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,781 | $35.4481 | $559K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (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. 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 $34.26 to $36.09, 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. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
FAQ
What insider transaction did Figma (FIG) report on this Form 4?
The Form 4 reports that Figma, Inc.'s CFO and Treasurer sold 15,781 shares of Class A common stock on 12/01/2025 at a weighted average price of $35.4481 per share.
What is APM33, LLC in relation to the Figma (FIG) insider holdings?
The Form 4 notes that 129,500 shares of Figma Class A common stock are held by APM33, LLC, and the reporting person is a manager of that entity, giving them indirect beneficial ownership of those shares.
Does this Figma (FIG) Form 4 involve any derivative securities?
The provided Table II for derivative securities does not list any specific derivative transactions, indicating that the reported activity concerns non-derivative Class A common stock only in this excerpt.