Figma (FIG) CFO reports routine RSU tax-withholding and 1.83M direct shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. CFO and Treasurer Praveer Melwani reported routine share movements related to equity compensation. On June 1, 2026, 7,038 shares of Class A Common Stock were withheld by the company at $25.50 per share to cover tax liabilities from the net settlement of restricted stock units, which is a non-market, tax-withholding disposition rather than an open-market sale. After this event, Melwani directly held 1,832,998 Class A shares. He also had an indirect holding of 118,363 Class A shares through APM33, LLC, an entity of which he is a manager.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Melwani Praveer
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,038 | $25.50 | $179K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,832,998 shares (Direct, null);
Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)
Footnotes (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. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
Key Figures
Tax-withheld shares: 7,038 shares
Withholding price: $25.50 per share
Direct holdings after transaction: 1,832,998 shares
+1 more
4 metrics
Tax-withheld shares
7,038 shares
Class A shares withheld for tax liabilities on RSUs on June 1, 2026
Withholding price
$25.50 per share
Value used for tax-withholding disposition of 7,038 Class A shares
Direct holdings after transaction
1,832,998 shares
Class A Common Stock directly owned by CFO after June 1, 2026
Indirect holdings via APM33, LLC
118,363 shares
Class A shares held indirectly through APM33, LLC
Key Terms
restricted stock units, tax withholding liabilities, net settlement, indirect ownership
4 terms
restricted stock units financial
"to satisfy tax withholding liabilities 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
"shares of Class A Common Stock 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."
FAQ
What insider transaction did Figma (FIG) CFO Praveer Melwani report?
Figma CFO Praveer Melwani reported a tax-related share disposition. The company withheld 7,038 Class A shares to cover tax liabilities from restricted stock unit settlement, a routine non-market transaction tied to equity compensation.
What indirect Figma (FIG) holdings are reported for the CFO in this Form 4?
The Form 4 reports 118,363 Class A shares held indirectly through APM33, LLC. A footnote explains these securities are held by APM33, LLC, where reporting person Praveer Melwani serves as a manager.