Figma (FIG) CEO discloses 10b5-1 plan stock sales and conversions on December 15, 2025

Rhea-AI Filing Summary

Figma, Inc. disclosed that its President and CEO, who is also a director and 10% owner, converted and sold shares of Class A common stock in transactions dated December 15, 2025.

The filing shows a conversion of 250,000 shares of Class B common stock into Class A at a price of $0 per share, followed by sales of 148,985 Class A shares at a weighted average price of $34.3189 and 101,015 shares at a weighted average price of $35.1694, leaving no shares from that block. An additional 62,500 Class B shares associated with LLL Investments LLC were converted into Class A at $0 and 62,500 Class A shares were sold at $34.6626.

The sales reported were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2025, known as the Field Diversification Plan. After these transactions, the reporting person continues to beneficially own 35,459,828 derivative securities of Class B common stock directly and 14,879,517 indirectly through LLL Investments LLC, as well as Class B holdings convertible into 1,135,325 and 1,122,908 shares of Class A common stock through separate trusts.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Field Dylan

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		C		250,000	A	$0	250,000	D
Class A Common Stock	12/15/2025		S(1)		148,985	D	$34.3189(2)	101,015	D
Class A Common Stock	12/15/2025		S(1)		101,015	D	$35.1694(3)	0	D
Class A Common Stock	12/15/2025		C		62,500	A	$0	62,500	I	See footnote(4)
Class A Common Stock	12/15/2025		S(1)		62,500	D	$34.6626	0	I	See footnote(4)

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
Class B Common Stock	(5)	12/15/2025		C			250,000	(5)	(5)	Class A Common Stock	250,000	$0	35,459,828	D
Class B Common Stock	(5)	12/15/2025		C			62,500	(5)	(5)	Class A Common Stock	62,500	$0	14,879,517	I	See footnote(4)
Class B Common Stock	(5)							(5)	(5)	Class A Common Stock	1,135,325		1,135,325	I	By Trust(6)
Class B Common Stock	(5)							(5)	(5)	Class A Common Stock	1,122,908		1,122,908	I	By Trust(7)

Explanation of Responses:

1. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 4, 2025 (the "Field Diversification Plan").

2. Represents the weighted average sale price. The lowest price at which shares were sold was $33.91 and the highest price at which shares were sold was $34.90. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.

3. Represents the weighted average sale price. The lowest price at which shares were sold was $34.91 and the highest price at which shares were sold was $35.86. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.

4. These shares are held of record by LLL Investments LLC which is associated with the Reporting Person.

5. 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.

6. These shares are held by the Dylan Field 2024 Annuity Trust, of which the Reporting Person is trustee.

7. 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.

	/s/ Brendan Mulligan, Attorney-in-Fact	12/17/2025
	** Signature of Reporting Person	Date
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FAQ

What insider stock activity did Figma (FIG) report for December 15, 2025?

The filing reports that Figma's President and CEO, who is also a director and 10% owner, converted Class B common stock into Class A and then sold Class A shares on December 15, 2025. The transactions include both direct holdings and shares associated with an LLC.

How many Figma (FIG) Class A shares did the CEO sell, and at what prices?

The CEO sold 148,985 Class A shares at a weighted average price of $34.3189 and 101,015 Class A shares at a weighted average price of $35.1694. In addition, 62,500 Class A shares associated with LLL Investments LLC were sold at $34.6626.

Were the Figma (FIG) CEO's share sales made under a Rule 10b5-1 trading plan?

Yes. The sales identified by code "S (1)" were effected under a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2025, referred to as the Field Diversification Plan.

What share conversions did the Figma (FIG) CEO report in this filing?

The filing shows conversions coded "C" of 250,000 shares of Class B common stock into Class A common stock at a price of $0 per share, and a separate conversion of 62,500 Class B shares into Class A, also at $0 per share.

How many Figma (FIG) Class B shares does the CEO still beneficially own after these trades?

After the reported transactions, the CEO beneficially owns 35,459,828 derivative securities of Class B common stock directly and 14,879,517 Class B derivative securities indirectly through LLL Investments LLC. Additional Class B holdings are convertible into 1,135,325 and 1,122,908 shares of Class A common stock through two trusts.

How are Figma (FIG) Class B common shares convertible into Class A shares?

Each share of Figma's Class B common stock is convertible into one share of Class A common stock at any time at the election of the holder, or automatically upon certain transfers or upon events and conditions described in the company's Amended and Restated Certificate of Incorporation.

Which entities or trusts hold Figma (FIG) shares related to the CEO?

Certain shares are held by LLL Investments LLC, which is associated with the reporting person. Additional Class B holdings are held through the Dylan Field 2024 Annuity Trust and the Field 2021 Descendants Trust, as noted in the filing.