STOCK TITAN

Figma counsel has 9,435 shares withheld for taxes

Figma’s General Counsel had shares withheld to cover RSU tax obligations, leaving a sizable remaining direct stake.

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. (FIG) reported that officer Brendan Mulligan, General Counsel and Secretary, had 9,435 shares of Class A Common Stock withheld on September 1, 2026 to satisfy tax withholding liabilities upon the net settlement of restricted stock units. After this tax-withholding disposition, he directly holds 718,517 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Mulligan Brendan
Role General Counsel and Secretary
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 9,435 $27.49 $259K
Holdings After Transaction: Class A Common Stock — 718,517 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.
Shares withheld for taxes 9,435 shares Class A Common Stock withheld on September 1, 2026 for RSU tax liabilities
Tax-withholding price $27.49 per share Value used for the 9,435 withheld shares in the tax-withholding disposition
Shares held after transaction 718,517 shares Direct holdings of Brendan Mulligan in Figma Class A Common Stock following the transaction
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"
withheld by the Issuer financial
"shares of Class A Common Stock withheld by the Issuer"

FAQ

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

Figma reported that General Counsel and Secretary Brendan Mulligan had 9,435 shares of Class A Common Stock withheld on September 1, 2026 to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.

Did the Figma (FIG) Form 4 reflect an open-market sale or purchase?

No. The Form 4 reports a code F transaction, meaning shares were withheld to pay tax liabilities on vested restricted stock units, not an open-market sale or purchase.

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

After the September 1, 2026 tax-withholding transaction, Brendan Mulligan directly holds 718,517 shares of Figma Class A Common Stock, as reported in the Form 4.

At what value were the withheld Figma (FIG) shares recorded in this Form 4?

The 9,435 withheld shares were recorded at $27.49 per share, reflecting the price used for the tax-withholding disposition related to the restricted stock unit net settlement.

Was Figma’s reported insider transaction under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan; the document-level checkbox affirming such a plan is not marked, and the footnote describes only tax withholding on RSU settlement.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
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)
09/01/2026
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 Stock09/01/2026F(1)9,435D$27.49718,517D
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.
/s/ Brendan Mulligan09/03/2026
** 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)