STOCK TITAN

Figma (FIG) CFO files Form 4 for 15,781-share sell-to-cover trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.
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*
Melwani Praveer

(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)
CFO and Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025
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 12/01/2025 S(1) 15,781 D $35.4481(2) 1,591,139 D
Class A Common Stock 129,500 I By APM33, LLC(3)
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 $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.
3. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
/s/ Brendan Mulligan, Attorney-in-Fact 12/03/2025
** 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.

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.

Why did the Figma (FIG) CFO sell 15,781 shares of Class A common stock?

The filing states the shares were sold to cover tax withholding obligations related to the vesting and settlement of restricted stock units through a "sell to cover" transaction, and were not discretionary trades by the reporting person.

What price range applied to the Figma (FIG) insider share sales?

The weighted average sale price was $35.4481 per share. The explanation notes that the shares were sold in block trades for multiple security holders at prices ranging from $34.26 to $36.09, inclusive.

How many Figma (FIG) shares does the CFO own after this transaction?

Following the reported transaction, the reporting person beneficially owns 1,591,139 shares of Figma Class A common stock directly and 129,500 shares indirectly through APM33, LLC.

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.

Figma

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FIG Stock Data

15.66B
36.94M
50.52%
50.68%
1.31%
Software - Application
Services-prepackaged Software
Link
United States
SAN FRANCISCO