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Figma counsel sells 211K shares in 10b5-1 plan

Figma, Inc. (FIG) reported that its General Counsel and Secretary, Brendan Mulligan, sold a total of 211,599 shares of Class A Common Stock on August 28, 2026 in open-market or private transactions.

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. (FIG) reported that its General Counsel and Secretary, Brendan Mulligan, sold a total of 211,599 shares of Class A Common Stock on August 28, 2026 in open-market or private transactions. The sales were effected under a Rule 10b5-1 trading plan adopted on May 29, 2026, at weighted average prices around $29–$31 per share, with detailed price ranges disclosed in the footnotes.

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Insights

Analyzing...

Insider Mulligan Brendan
Role General Counsel and Secretary
Sold 211,599 shs ($6.30M)
Type Security Shares Price Value
Sale Class A Common Stock F1, F2 80,699 $29.2138 $2.36M
Sale Class A Common Stock F1, F3 130,800 $30.1499 $3.94M
Sale Class A Common Stock F1 100 $30.89 $3K
Holdings After Transaction: Class A Common Stock — 727,952 shares (Direct)
Footnotes (3)
  1. F1. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2026.
  2. F2. Represents the weighted average sale price. The lowest price at which shares were sold was $28.78 and the highest price at which shares were sold was $29.77. 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. F3. Represents the weighted average sale price. The lowest price at which shares were sold was $29.78 and the highest price at which shares were sold was $30.76. 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.
Shares sold (block 1) 80,699 shares Class A Common Stock sale on August 28, 2026 at $29.2138 weighted average price
Shares sold (block 2) 130,800 shares Class A Common Stock sale on August 28, 2026 at $30.1499 weighted average price
Shares sold (block 3) 100 shares Class A Common Stock sale on August 28, 2026 at $30.89 price
Total shares sold 211,599 shares Aggregate of three Class A Common Stock sales on August 28, 2026
Price range for block 1 $28.78–$29.77 per share Footnote F2 weighted average sale price range
Price range for block 2 $29.78–$30.76 per share Footnote F3 weighted average sale price range
Rule 10b5-1 trading plan regulatory
"The sales reported in this line item were effected pursuant to a Rule 10b5-1"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares"
Class A Common Stock financial
"security_title": "Class A Common Stock""
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.
non-derivative financial
"transaction_type": "non-derivative""
direct or indirect financial
"direct_or_indirect": "D""

FAQ

What insider transaction did Figma, Inc. (FIG) disclose for Brendan Mulligan?

Figma disclosed that General Counsel and Secretary Brendan Mulligan sold a total of 211,599 shares of Class A Common Stock on August 28, 2026 in open-market or private transactions, as reported on a Form 4.

How many Figma (FIG) shares did Brendan Mulligan sell on August 28, 2026?

Brendan Mulligan sold 211,599 shares of Figma Class A Common Stock on August 28, 2026, consisting of blocks of 80,699, 130,800, and 100 shares, all reported as sales on Form 4.

At what prices were Brendan Mulligan’s Figma (FIG) shares sold?

The reported weighted average sale prices were $29.2138, $30.1499, and $30.89 per share. Footnotes state price ranges: one block between $28.78 and $29.77, and another between $29.78 and $30.76.

Were Brendan Mulligan’s Figma (FIG) stock sales under a Rule 10b5-1 plan?

Yes. A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Brendan Mulligan on May 29, 2026, and the Form 4’s Rule 10b5-1 checkbox is marked true.

Does the Form 4 show Brendan Mulligan’s remaining Figma (FIG) holdings?

The transaction rows list the shares sold but do not report a total shares following transaction value, so remaining holdings are not specified in this Form 4 data.

What type of security did Brendan Mulligan trade in Figma (FIG)?

All reported transactions involved Class A Common Stock of Figma, Inc., categorized as non-derivative securities, with ownership reported as direct.

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

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SEC Form 4
FORM 4UNITED 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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/28/2026S(1)80,699D$29.2138(2)858,852D
Class A Common Stock08/28/2026S(1)130,800D$30.1499(3)728,052D
Class A Common Stock08/28/2026S(1)100D$30.89727,952D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 May 29, 2026.
2. Represents the weighted average sale price. The lowest price at which shares were sold was $28.78 and the highest price at which shares were sold was $29.77. 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 $29.78 and the highest price at which shares were sold was $30.76. 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 Mulligan09/01/2026
** Signature of Reporting PersonDate
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)