Figma (NYSE: FIG) CFO has 7,037 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. CFO and Treasurer Praveer Melwani reported a routine tax-related share withholding. On April 1, 2026, 7,037 shares of Class A Common Stock were withheld at $21.14 per share to cover tax liabilities from the net settlement of restricted stock units.
After this transaction, Melwani held 1,851,206 shares directly. An additional 118,363 shares of Class A Common Stock were held indirectly by APM33, LLC, an entity for which he serves as a manager. The filing reflects compensation-related tax withholding rather than an open-market sale.
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 | 7,037 | $21.14 | $149K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,851,206 shares (Direct);
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
Tax-withheld shares: 7,037 shares
Withholding price: $21.14 per share
Direct holdings after transaction: 1,851,206 shares
+1 more
4 metrics
Tax-withheld shares
7,037 shares
Class A Common Stock withheld for tax on RSU settlement at $21.14
Withholding price
$21.14 per share
Value used for 7,037 tax-withheld shares on April 1, 2026
Direct holdings after transaction
1,851,206 shares
Class A Common Stock directly held by CFO following tax withholding
Indirect holdings via APM33, LLC
118,363 shares
Class A Common Stock held by APM33, LLC, managed by CFO
Key Terms
restricted stock units, net settlement, tax withholding liabilities, 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.
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"
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.
indirect ownership financial
"These securities are held by APM33, LLC, of which the Reporting Person is a manager."
FAQ
What did Figma (FIG) CFO Praveer Melwani report in this Form 4 filing?
Figma CFO Praveer Melwani reported that 7,037 Class A shares were withheld to satisfy tax liabilities from restricted stock unit settlement. This is a compensation-related tax event, not an open-market share sale, and reflects standard equity award administration.
What is the role of APM33, LLC in Figma (FIG) CFO’s holdings?
The filing states that 118,363 Figma Class A shares are held by APM33, LLC, an entity for which the CFO is a manager. These are reported as indirect holdings, separate from his 1,851,206 directly held shares following the tax-withholding transaction.