[Form 4] Figma, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. CFO and Treasurer Praveer Melwani reported a tax-related share withholding on Class A Common Stock. On this Form 4, 7,038 shares were withheld at $18.09 per share to satisfy tax liabilities tied to the net settlement of restricted stock units, which is not an open-market sale. After this, he directly holds 1,741,986 Class A shares. A separate line shows 118,363 Class A shares held indirectly through APM33, LLC, where he is a manager, indicating substantial ongoing equity exposure.
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 | $18.09 | $127K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,741,986 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
Shares withheld for taxes: 7,038 shares
Withholding price per share: $18.09 per share
Direct holdings after transaction: 1,741,986 shares
+2 more
5 metrics
Shares withheld for taxes
7,038 shares
Class A Common Stock withheld to satisfy RSU tax liabilities
Withholding price per share
$18.09 per share
Value used for RSU-related tax withholding
Direct holdings after transaction
1,741,986 shares
Class A Common Stock directly owned by CFO after withholding
Indirect holdings via APM33, LLC
118,363 shares
Class A Common Stock held indirectly through APM33, LLC
Tax-withholding transaction code
Code F
Payment of exercise price or tax liability by delivering securities
Key Terms
restricted stock units, tax withholding liabilities, net settlement, Class A Common Stock, +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 in connection"
net settlement financial
"in connection with the net settlement of restricted stock units."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.