STOCK TITAN

Figma (NYSE: FIG) CFO has 7,037 RSU shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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."
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).
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*
Melwani Praveer

(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)
CFO and Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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 Stock04/01/2026F(1)7,037D$21.141,851,206D
Class A Common Stock118,363IBy APM33, LLC(2)
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 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.
2. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
/s/Brendan Mulligan, Attorney-in-Fact04/03/2026
** 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)

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.

How many Figma (FIG) shares were withheld for taxes in the latest insider filing?

The filing shows 7,037 shares of Figma Class A Common Stock were withheld at $21.14 per share to cover tax obligations. This occurred in connection with the net settlement of restricted stock units granted as part of executive compensation.

How many Figma (FIG) shares does the CFO hold after this Form 4 transaction?

Following the tax withholding transaction, CFO Praveer Melwani directly held 1,851,206 shares of Figma Class A Common Stock. Separately, 118,363 additional shares were held indirectly by APM33, LLC, an entity for which he serves as a manager.

Was there an open-market sale of Figma (FIG) shares by the CFO in this filing?

No open-market sale occurred. The 7,037 shares reported were withheld by Figma to satisfy tax withholding liabilities tied to restricted stock unit settlement, classified as a tax-withholding disposition rather than a discretionary sale into the market.

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.