Figma counsel has 9,983 shares withheld for taxes

Figma, Inc. reported that its General Counsel and Secretary, Brendan Mulligan, had 9,983 shares of Class A Common Stock withheld on April 1, 2026 to cover tax obligations.

Accepted by SEC EDGAR 04/03/2026 - 05:24 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Figma, Inc. reported that its General Counsel and Secretary, Brendan Mulligan, had 9,983 shares of Class A Common Stock withheld on April 1, 2026 to cover tax obligations. This was a tax-withholding disposition tied to the net settlement of restricted stock units, not an open-market sale. After this transaction, Mulligan directly held 1,018,747 Class A shares.

Insider Trade Summary

Exercise Price or Tax Liability: 9,983 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	9,983	$21.14	$211K

Holdings After Transaction: Class A Common Stock — 1,018,747 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: 9,983 shares Tax-withholding price: $21.14 per share Shares held after transaction: 1,018,747 shares

3 metrics

Shares withheld for taxes 9,983 shares Tax-withholding disposition on April 1, 2026

Tax-withholding price $21.14 per share Value used for Class A shares withheld

Shares held after transaction 1,018,747 shares Direct Class A Common Stock holdings after withholding

Key Terms

Class A Common Stock, restricted stock units, tax withholding liabilities, net settlement, +1 more

5 terms

Class A Common Stock financial

"shares of Class A Common Stock withheld by the Issuer"

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.

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"

net settlement financial

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

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Figma (FIG) report for Brendan Mulligan?

Figma reported that Brendan Mulligan had 9,983 shares of Class A Common Stock withheld to cover tax liabilities from restricted stock unit settlement. This was a tax-withholding disposition, not an open-market trade, and reflects administrative handling of equity compensation.

Was Brendan Mulligan’s Figma (FIG) Form 4 transaction a stock sale?

The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Figma to satisfy tax obligations triggered by restricted stock unit settlement, so Mulligan did not execute a discretionary buy or sell order in the market.

How many Figma (FIG) shares were withheld for Brendan Mulligan’s taxes?

A total of 9,983 shares of Figma Class A Common Stock were withheld. The per-share value recorded was $21.14, reflecting the price used for calculating the tax-withholding amount on the restricted stock unit net settlement.

How many Figma (FIG) shares does Brendan Mulligan hold after this Form 4?

Following the tax-withholding transaction, Brendan Mulligan directly holds 1,018,747 shares of Figma Class A Common Stock. This figure reflects his remaining direct ownership after the 9,983 shares were withheld for tax obligations.

What does the F-code mean in Figma (FIG) insider Brendan Mulligan’s Form 4?

The F-code indicates a disposition of shares to pay taxes or exercise costs. In this case, 9,983 shares were withheld by Figma to satisfy tax liabilities arising from restricted stock unit settlement, rather than being sold on the open market.

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

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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)
04/01/2026

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	04/01/2026		F(1)		9,983	D	$21.14	1,018,747	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	04/03/2026
	** 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)