Figma counsel has shares withheld for RSU taxes

Figma, Inc. General Counsel and Secretary Brendan Mulligan reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Figma, Inc. General Counsel and Secretary Brendan Mulligan reported a routine tax-related share disposition. On the transaction date, 9,435 shares of Class A Common Stock were withheld by the company at $25.50 per share to cover tax withholding liabilities tied to the net settlement of restricted stock units, rather than being sold on the open market.

After this withholding, Mulligan directly held 979,220 shares of Class A Common Stock. A footnote also notes that this balance includes 669 shares acquired on May 15, 2026 under Figma’s employee stock purchase plan.

Insider Trade Summary

Exercise Price or Tax Liability: 9,435 shares

Exercise Price or Tax Liability 1 txn

Insider Mulligan Brendan

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	9,435	$25.50	$241K

Holdings After Transaction: Class A Common Stock — 979,220 shares (Direct)

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. Includes 669 shares of Class A Common Stock acquired by the Reporting Person on May 15, 2026 pursuant to the Issuer's employee stock purchase plan.

Key Figures

Shares withheld for taxes: 9,435 shares Withholding price: $25.50 per share Shares held after transaction: 979,220 shares +1 more

4 metrics

Shares withheld for taxes 9,435 shares Class A Common Stock withheld to satisfy tax liabilities

Withholding price $25.50 per share Value used for tax-withholding disposition

Shares held after transaction 979,220 shares Direct Class A Common Stock holdings following transaction

ESPP shares included 669 shares Class A shares acquired May 15, 2026 via employee stock purchase plan

Key Terms

restricted stock units, tax withholding liabilities, net settlement, employee stock purchase plan

4 terms

restricted stock units financial

"in connection with the net settlement of restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding liabilities financial

"withheld by the Issuer to satisfy tax withholding liabilities in connection"

net settlement financial

"in connection with the net settlement of restricted stock units."

employee stock purchase plan financial

"acquired by the Reporting Person on May 15, 2026 pursuant to the Issuer's employee stock purchase plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Figma (FIG) report for Brendan Mulligan?

Figma reported that Brendan Mulligan had 9,435 Class A shares withheld to satisfy tax liabilities from net-settled restricted stock units. This was a tax-withholding disposition, not an open-market share sale, and reflects routine equity compensation administration.

How many Figma (FIG) shares were withheld and at what price?

The filing shows 9,435 shares of Figma Class A Common Stock withheld at $25.50 per share. These shares were used to cover tax withholding obligations arising from the net settlement of restricted stock units, according to the footnote disclosure.

How many Figma (FIG) shares does Brendan Mulligan hold after the transaction?

After the tax-withholding transaction, Brendan Mulligan directly held 979,220 shares of Figma Class A Common Stock. The filing notes that this total includes 669 shares acquired on May 15, 2026 through the company’s employee stock purchase plan.

Was the Figma (FIG) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 describes it as shares withheld by Figma to satisfy tax withholding liabilities from restricted stock unit settlement, categorized as a tax-withholding disposition rather than a discretionary sale in the market.

What do the Form 4 footnotes say about Figma (FIG) shares in this filing?

One footnote states that 9,435 shares were withheld to satisfy tax withholding liabilities from net settlement of restricted stock units. Another explains that Mulligan’s reported holdings include 669 shares acquired on May 15, 2026 under Figma’s employee stock purchase plan.

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

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Accepted by SEC EDGAR 06/03/2026 - 04:36 PM Learn about SEC filing dates

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^*

Mulligan Brendan

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/01/2026		F(1)		9,435	D	$25.5	979,220(2)	D

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. Includes 669 shares of Class A Common Stock acquired by the Reporting Person on May 15, 2026 pursuant to the Issuer's employee stock purchase plan.

	/s/ Brendan Mulligan	06/03/2026
	** 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.
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)