Figma CFO covers RSU taxes with share withholding

Figma, Inc. CFO and Treasurer Praveer Melwani reported a tax-related share withholding and updated holdings in Class A Common Stock.

Accepted by SEC EDGAR 05/05/2026 - 06:30 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Figma, Inc. CFO and Treasurer Praveer Melwani reported a tax-related share withholding and updated holdings in Class A Common Stock. On May 1, 2026, 11,170 shares were withheld at $17.70 per share to satisfy tax withholding liabilities tied to the net settlement of restricted stock units.

After this non-open-market disposition, Melwani reports 1,840,036 Class A shares held directly. Separately, 118,363 Class A shares are held indirectly by APM33, LLC, an entity of which he is a manager.

Insider Trade Summary

Exercise Price or Tax Liability: 11,170 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	11,170	$17.70	$198K
Holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,840,036 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.

Key Figures

Tax-withheld shares: 11,170 shares Withholding price: $17.70 per share Direct holdings after transaction: 1,840,036 shares +2 more

5 metrics

Tax-withheld shares 11,170 shares Shares withheld to satisfy RSU tax liabilities on May 1, 2026

Withholding price $17.70 per share Value used for tax-withholding disposition of 11,170 shares

Direct holdings after transaction 1,840,036 shares Class A Common Stock directly owned by CFO after tax withholding

Indirect holdings via APM33, LLC 118,363 shares Class A shares held indirectly through APM33, LLC

Tax-withholding transactions 1 transaction, 11,170 shares Summary Form 4 tax-withholding count and shares

Key Terms

restricted stock units, tax withholding liabilities, net settlement, indirect ownership, +1 more

5 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"

net settlement financial

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

indirect ownership financial

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

Class A Common Stock financial

"shares of Class A Common Stock withheld by the Issuer"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

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

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

Figma CFO Praveer Melwani reported a non-open-market tax-withholding disposition. The issuer withheld 11,170 Class A shares at $17.70 each to cover tax liabilities arising from the net settlement of his restricted stock units on May 1, 2026.

How many Figma (FIG) shares were withheld for taxes in this Form 4?

The Form 4 shows 11,170 shares of Figma Class A Common Stock were withheld. The issuer used these shares, valued at $17.70 each, to satisfy Melwani’s tax withholding liabilities related to the net settlement of restricted stock units.

Does the Figma (FIG) Form 4 show any open-market buys or sells by the CFO?

The filing does not show any open-market purchases or sales. Instead, it reports a Form F code transaction where shares were withheld by the issuer solely to satisfy tax withholding obligations connected to restricted stock unit settlement.

What are Praveer Melwani’s direct Figma (FIG) holdings after this transaction?

Following the tax-withholding transaction, Praveer Melwani reports direct ownership of 1,840,036 shares of Figma Class A Common Stock. This figure reflects his holdings after 11,170 shares were withheld by the issuer to cover related tax liabilities.

What indirect Figma (FIG) holdings are reported through APM33, LLC?

The Form 4 reports 118,363 Figma Class A shares held indirectly by APM33, LLC. A footnote explains these securities are held by APM33, LLC, an entity for which Melwani serves as a manager, indicating indirect beneficial ownership through that LLC.

What does the F-code tax-withholding transaction mean for Figma (FIG) shareholders?

An F-code transaction indicates shares were delivered to cover tax obligations, not traded on the open market. Here, 11,170 shares were withheld by the issuer for RSU-related taxes, while Melwani’s substantial direct and indirect share holdings remain reported in the filing.

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 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)
	CFO and Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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	05/01/2026		F(1)		11,170	D	$17.7	1,840,036	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	05/05/2026
	** 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)