Figma counsel covers taxes with 9,436 share withholding

Figma, Inc. reported that its General Counsel and Secretary, Brendan Mulligan, had 9,436 shares of Class A Common Stock withheld on July 1, 2026 to cover tax liabilities tied to the net settlement of restricted stock units.

Accepted by SEC EDGAR 07/06/2026 - 05:09 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Figma, Inc. reported that its General Counsel and Secretary, Brendan Mulligan, had 9,436 shares of Class A Common Stock withheld on July 1, 2026 to cover tax liabilities tied to the net settlement of restricted stock units. The shares were valued at $18.09 per share for this tax-withholding disposition, which is not an open-market sale. After this transaction, Mulligan directly holds 969,784 Class A shares, reflecting his ongoing equity stake in the company.

Insider Trade Summary

Exercise Price or Tax Liability: 9,436 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	9,436	$18.09	$171K

Holdings After Transaction: Class A Common Stock — 969,784 shares (Direct)

Footnotes (1)

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.

Key Figures

Shares withheld for taxes: 9,436 shares Tax withholding share value: $18.09 per share Shares held after transaction: 969,784 shares +1 more

4 metrics

Shares withheld for taxes 9,436 shares Class A Common Stock withheld for tax liabilities

Tax withholding share value $18.09 per share Value used for tax-withholding disposition

Shares held after transaction 969,784 shares Direct Class A holdings after tax withholding

Tax-withholding transactions 1 transaction, 9,436 shares Summary of tax withholding entries in this Form 4

Key Terms

restricted stock units, net settlement, tax withholding liabilities, Class A Common Stock

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.

net settlement financial

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

tax withholding liabilities financial

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

Class A Common Stock financial

"The transaction represents the number of shares of Class A Common Stock withheld"

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 did Figma (FIG) insider Brendan Mulligan report in this Form 4?

Brendan Mulligan reported a tax-withholding disposition of 9,436 Figma Class A shares. These shares were withheld by the company to cover taxes on vested restricted stock units, rather than sold on the open market.

Was this Figma (FIG) Form 4 an open-market sale of shares?

No, the Form 4 shows shares withheld for taxes, not an open-market sale. The transaction reflects automatic share withholding to satisfy tax liabilities from restricted stock unit vesting, a common administrative equity-compensation event.

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

A total of 9,436 Class A Common Stock shares were withheld for taxes. The issuer applied these shares to satisfy Brendan Mulligan’s tax obligations arising from the net settlement of vested restricted stock units.

At what price were the withheld Figma (FIG) shares valued?

The withheld Figma shares were valued at $18.09 per share. This price is used solely for calculating the value of shares applied to Brendan Mulligan’s tax-withholding obligations linked to restricted stock unit vesting.

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

Following the tax-withholding disposition, Brendan Mulligan directly holds 969,784 Figma Class A shares. This post-transaction balance shows his remaining equity position after the company withheld shares to cover associated tax liabilities.

What triggered the tax-withholding share disposition for Figma (FIG)?

The disposition was triggered by the net settlement of restricted stock units. When the RSUs vested, Figma withheld 9,436 Class A shares to satisfy Brendan Mulligan’s related tax-withholding liabilities as described in the filing footnote.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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)
07/01/2026

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	07/01/2026		F(1)		9,436	D	$18.09	969,784	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.

	/s/ Brendan Mulligan	07/06/2026
	** 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)