Figma CFO has shares withheld for RSU taxes

Figma, Inc. CFO and Treasurer Praveer Melwani reported a tax-withholding disposition of 16,994 shares of Class A Common Stock at $29.39 per share, used to satisfy taxes on vested restricted stock units.

Accepted by SEC EDGAR 03/03/2026 - 05:01 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Figma, Inc. CFO and Treasurer Praveer Melwani reported a tax-withholding disposition of 16,994 shares of Class A Common Stock at $29.39 per share, used to satisfy taxes on vested restricted stock units. He continues to hold 1,533,304 shares directly and 118,363 shares indirectly through APM33, LLC.

Insider Trade Summary

Exercise Price or Tax Liability: 16,994 shares

Exercise Price or Tax Liability 1 txn

Insider Melwani Praveer

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	16,994	$29.39	$499K
Holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,533,304 shares (Direct); Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)

Footnotes (2)

1. 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.
2. F2. These securities are held by APM33, LLC, of which the Reporting Person is a manager.

FAQ

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What insider transaction did Figma (FIG) CFO Praveer Melwani report?

Figma CFO Praveer Melwani reported a tax-withholding disposition of 16,994 Class A shares. The shares were withheld by the company at $29.39 per share to cover tax liabilities from vested restricted stock units, rather than sold in an open-market transaction.

Was the Figma (FIG) CFO’s Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 16,994 Class A shares were withheld by Figma to satisfy tax obligations arising from the net settlement of restricted stock units, according to the filing’s transaction code and footnote description.

How many Figma (FIG) shares does the CFO hold after this Form 4?

After the reported tax-withholding disposition, Praveer Melwani holds 1,533,304 Class A shares directly. He also has an indirect interest in 118,363 additional Class A shares held by APM33, LLC, reflecting his continuing significant equity exposure to Figma following the transaction.

What is APM33, LLC’s role in the Figma (FIG) insider holdings?

APM33, LLC holds 118,363 Figma Class A shares attributed as indirect ownership for CFO Praveer Melwani. The filing states these securities are held by APM33, LLC, of which he is a manager, indicating an additional layer of beneficial ownership beyond his directly held shares.

What does transaction code F mean in the Figma (FIG) Form 4 filing?

Transaction code F in this Form 4 indicates shares withheld to pay taxes or exercise costs. Here, 16,994 Figma Class A shares were withheld to satisfy tax withholding liabilities tied to net settlement of restricted stock units, rather than representing a discretionary market transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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)
03/01/2026

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	03/01/2026		F(1)		16,994	D	$29.39	1,533,304	D
Class A Common Stock								118,363	I	By APM33, LLC(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. These securities are held by APM33, LLC, of which the Reporting Person is a manager.

	/s/Brendan Mulligan, Attorney-in-Fact	03/03/2026
	** 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.
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