FIG Form 4: CFO Melwani Retains 1.65M Shares; 15,556 Withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. reporting person Praveer Melwani, identified as the company's CFO and Treasurer, disclosed a non‑derivative transaction on 10/01/2025. The filing shows 15,556 shares of Class A Common Stock were disposed of at a price of $51.87; the explanation states these shares were withheld by the issuer to satisfy tax withholding in connection with the net settlement of restricted stock units. After the withholding, the reporting person beneficially owns 1,653,542 shares of Class A common stock directly and an additional 142,500 shares indirectly through APM33, LLC, of which he is a manager. The form is signed by an attorney‑in‑fact on 10/03/2025.
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 | 15,556 | $51.87 | $807K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,653,542 shares (Direct);
Class A Common Stock — 142,500 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.
FAQ
What did Figma CFO Praveer Melwani report on Form 4 (FIG)?
The filing reports that 15,556 shares of Class A common stock were withheld at $51.87 on 10/01/2025 to satisfy tax withholding related to RSU net settlement.
What is APM33, LLC in relation to the reporting person?
The filing states the 142,500 indirectly held Class A shares are held by APM33, LLC, of which the reporting person is a manager.
Who signed the Form 4 for Praveer Melwani?
The Form 4 is signed by Brendan Mulligan, Attorney‑in‑Fact on 10/03/2025.