Figma (FIG) General Counsel discloses 10b5-1 stock sales on Dec. 15, 2025

Rhea-AI Filing Summary

Figma, Inc. officer Brendan Mulligan, the company’s General Counsel and Secretary, reported sales of Class A common stock. On 12/15/2025, he sold 2,944 shares at a weighted average price of $34.3616 per share and 1,448 shares at a weighted average price of $35.2483 per share.

The disclosure states these transactions were effected under a Rule 10b5-1 trading plan adopted on August 5, 2025. After the reported sales, Mulligan directly beneficially owned 881,512 shares of Figma Class A common stock. The price ranges for the sales were $34.05 to $35.03 for the first trade and $35.095 to $35.80 for the second.

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).

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^*

Mulligan Brendan

(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)
	General Counsel and Secretary

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		S(1)		2,944	D	$34.3616(2)	882,960	D
Class A Common Stock	12/15/2025		S(1)		1,448	D	$35.2483(3)	881,512	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 sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2025.

2. Represents the weighted average sale price. The lowest price at which shares were sold was $34.05 and the highest price at which shares were sold was $35.03. 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 $35.095 and the highest price at which shares were sold was $35.80. 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.

	/s/ Brendan Mulligan	12/17/2025
	** 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 stock transactions did Figma (FIG) report on this Form 4?

The filing reports that Brendan Mulligan, Figma’s General Counsel and Secretary, sold 2,944 and 1,448 shares of Class A common stock on 12/15/2025 in open-market transactions.

At what prices were the Figma (FIG) shares sold by Brendan Mulligan?

The shares were sold at weighted average prices of $34.3616 and $35.2483 per share. The first set of sales occurred between $34.05 and $35.03, and the second between $35.095 and $35.80.

How many Figma (FIG) shares does Brendan Mulligan own after these transactions?

After the reported sales on 12/15/2025, Brendan Mulligan directly beneficially owned 881,512 shares of Figma Class A common stock.

Was the Figma (FIG) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2025, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

What is Brendan Mulligan’s role at Figma (FIG)?

The reporting person is an officer of Figma, serving as General Counsel and Secretary, as indicated in the relationship section of the disclosure.

Is this Figma (FIG) Form 4 filed by more than one reporting person?

No. The document indicates that it is a Form filed by one reporting person, not a joint or group filing.