Index Ventures funds (NYSE: FIG) shift Figma stakes via in-kind distributions and small sale

Rhea-AI Filing Summary

Figma, Inc. large shareholder Index Ventures entities reported restructuring and a small sale of Class A Common Stock. On August 11, 2026, Index Ventures VI (Jersey), L.P. distributed in-kind, without consideration, 2,758,691 shares of Class A Common Stock pro rata to its limited partners and general partner, Index Venture Associates VI Limited (IVA VI). On the same date, IVA VI further distributed in-kind, without consideration, 689,673 shares it received to its partners, and Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. distributed 55,684 shares in-kind, with IVA VI then distributing 13,921 of those shares to its partners. Yucca (Jersey) SLP distributed in-kind, without consideration, 23,150 shares to its partners. These transactions are reported as other dispositions and are described as exempt in-kind distributions under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. Separately, on August 10, 2026, Yucca (Jersey) SLP sold 12,475 shares of Class A Common Stock at $25.39 per share. After the August 11, 2026 distribution, Index Ventures VI (Jersey), L.P. held 50,293,428 shares directly, and Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. held 1,015,167 shares indirectly. The filing notes that certain managing entities, including IVA VI, disclaim beneficial ownership of shares beyond their pecuniary interest.

Insider Trade Summary

Net Seller: 3,553,594 shares

Net Sell 7 txns

Insider Index Ventures VI (Jersey) LP, Index Ventures VI Parallel Entrepreneur Fund (Jersey) LP, Index Venture Associates VI Ltd, Yucca (Jersey) SLP

Role 10% Owner | 10% Owner | 10% Owner | 10% Owner

Sold 12,475 shs ($317K)

Type	Security	Shares	Price	Value
Other	Class A Common Stock F1, F2	2,758,691	--	--
Other	Class A Common Stock F3, F2	55,684	--	--
Other	Class A Common Stock F1, F3, F2	703,594	--	--
Other	Class A Common Stock F4, F2	23,150	--	--
Sale	Class A Common Stock F2	12,475	$25.39	$317K
holding	Class A Common Stock F2	--	--	--
holding	Class A Common Stock F2	--	--	--

Holdings After Transaction: Class A Common Stock — 50,293,428 shares (Direct); Class A Common Stock — 1,015,167 shares (Indirect, By Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P.); Class A Common Stock — 0 shares (Indirect, By Index Venture Associates VI Limited); Class A Common Stock — 763,550 shares (Indirect, By Yucca Jersey SLP); Class A Common Stock — 2,521,618 shares (Indirect, By Index Ventures Growth IV (Jersey), L.P.); Class A Common Stock — 2,278,486 shares (Indirect, By Index Ventures Growth V (Jersey), L.P.)

Footnotes (4)

1. F1. On August 11, 2026, Index Ventures VI (Jersey), L.P. ("Index VI") distributed in-kind, without consideration, 2,758,691 shares of the Issuer's Class A Common Stock pro-rata to its limited partners and its general partner, Index Venture Associates VI Limited ("IVA VI"), in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On the same date, IVA VI distributed in-kind, without consideration, 689,673 shares of Class A Common Stock received in the Index VI distribution pro-rata to its partners, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
2. F2. IVA VI is the managing general partner of Index VI and Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. ("Index VI Parallel"). Index Venture Growth Associates IV Limited ("IGA IV") is the managing general partner of Index Ventures Growth IV (Jersey), L.P. Index Ventures Growth Associates V Limited ("IGA V") is the managing general partner of Index Ventures Growth V (Jersey), L.P. Yucca (Jersey) SLP ("Yucca") is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Index funds' investment in the Issuer. Each of IVA VI, IGA IV and IGA V disclaims beneficial ownership of the shares for purposes of Section 16 of the Exchange Act, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by it for Section 16 or any other purpose.
3. F3. On August 11, 2026, Index VI Parallel distributed in-kind, without consideration, 55,684 shares of the Issuer's Class A Common Stock pro-rata to its limited partners and its general partner, IVA VI, in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. On the same date, IVA VI distributed in-kind, without consideration, 13,921 shares of Class A Common Stock received in the Index VI Parallel distribution pro-rata to its partners, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
4. F4. On August 11, 2026, Yucca distributed in-kind, without consideration, 23,150 shares of Class A Common Stock pro-rata to its partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

Key Figures

In-kind distribution by Index Ventures VI: 2,758,691 shares In-kind distribution by Index VI Parallel: 55,684 shares In-kind distribution by Yucca: 23,150 shares +4 more

7 metrics

In-kind distribution by Index Ventures VI 2,758,691 shares Class A Common Stock distributed in-kind on August 11, 2026 by Index Ventures VI (Jersey), L.P.

In-kind distribution by Index VI Parallel 55,684 shares Class A Common Stock distributed in-kind on August 11, 2026 by Index Ventures VI Parallel Entrepreneur Fund

In-kind distribution by Yucca 23,150 shares Class A Common Stock distributed in-kind on August 11, 2026 by Yucca (Jersey) SLP

Shares sold by Yucca 12,475 shares Class A Common Stock sold on August 10, 2026 by Yucca (Jersey) SLP

Sale price per share $25.39 Price per share for Yucca (Jersey) SLP sale on August 10, 2026

Index Ventures VI post-transaction holdings 50,293,428 shares Class A Common Stock held directly by Index Ventures VI (Jersey), L.P. after August 11, 2026 distribution

Index VI Parallel post-transaction holdings 1,015,167 shares Class A Common Stock held indirectly by Index Ventures VI Parallel Entrepreneur Fund after August 11, 2026 distribution

Key Terms

in-kind distribution, Rule 16a-9(a), Rule 16a-13, pecuniary interest, +1 more

5 terms

in-kind distribution financial

"On August 11, 2026, Index Ventures VI (Jersey), L.P. distributed in-kind, without consideration, 2,758,691 shares"

A distribution of value to shareholders or beneficiaries made by transferring assets instead of paying cash, such as shares, bonds, or property. Like receiving a box of goods rather than money, it changes what you hold rather than adding liquid funds; investors care because it affects a portfolio’s composition, liquidity, tax reporting, and cost basis for the received assets.

Rule 16a-9(a) regulatory

"in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act"

Rule 16a-13 regulatory

"in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act"

pecuniary interest financial

"disclaims beneficial ownership of the shares except to the extent of its pecuniary interest therein"

beneficial ownership financial

"this report shall not be deemed an admission that such shares are beneficially owned"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

What did Index Ventures report in this Form 4 for Figma (FIG)?

Index Ventures funds reported in‑kind, no‑consideration distributions of Figma Class A shares to their partners and a separate small open‑market sale of 12,475 shares by Yucca (Jersey) SLP at $25.39 per share.

How many Figma (FIG) shares did Index Ventures VI distribute in-kind?

Index Ventures VI (Jersey), L.P. distributed 2,758,691 Figma Class A shares in-kind, without consideration, to its limited partners and general partner, in transactions the filing describes as exempt under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

What Figma (FIG) share sale did Yucca (Jersey) SLP report?

Yucca (Jersey) SLP reported selling 12,475 Figma Class A shares on August 10, 2026 at $25.39 per share. Yucca is described as the administrator of co-investment vehicles that mirror the relevant Index funds’ investments in Figma.

How many Figma (FIG) shares did Index Ventures VI hold after the distributions?

Following the August 11, 2026 in-kind distribution, Index Ventures VI (Jersey), L.P. held 50,293,428 Figma Class A shares directly. Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. held 1,015,167 shares indirectly after its own in-kind distribution.

Do the managing entities claim full beneficial ownership of the Figma (FIG) shares?

No. The filing states that entities such as Index Venture Associates VI Limited disclaim beneficial ownership of Figma shares for Section 16 purposes, except to the extent of their pecuniary interest, and that the report is not an admission of beneficial ownership.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/12/2026 - 04:16 PM Accepted by SEC EDGAR 08/12/2026 - 04:15 PM Learn about SEC filing dates

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^*

Index Ventures VI (Jersey) LP

(Last) (First) (Middle)

5TH FLOOR, 44 ESPLANADE

(Street)

ST. HELIER JERSEY JE1 3FG

(City) (State) (Zip)

JERSEY

(Country)

2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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	08/11/2026		J(1)		2,758,691	D	(1)	50,293,428	D(2)
Class A Common Stock	08/11/2026		J(3)		55,684	D	(3)	1,015,167	I	By Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P.(2)
Class A Common Stock	08/11/2026		J(1)(3)		703,594	D	(1)(3)	0	I	By Index Venture Associates VI Limited(2)
Class A Common Stock	08/10/2026		S		12,475	D	$25.39	786,700	I	By Yucca Jersey SLP(2)
Class A Common Stock	08/11/2026		J(4)		23,150	D	(4)	763,550	I	By Yucca Jersey SLP(2)
Class A Common Stock								2,521,618	I	By Index Ventures Growth IV (Jersey), L.P.(2)
Class A Common Stock								2,278,486	I	By Index Ventures Growth V (Jersey), L.P.(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Index Ventures VI (Jersey) LP

(Last) (First) (Middle)

5TH FLOOR, 44 ESPLANADE

(Street)

ST. HELIER JERSEY JE1 3FG

(City) (State) (Zip)

JERSEY

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Index Ventures VI Parallel Entrepreneur Fund (Jersey) LP

(Last) (First) (Middle)

44 ESPLANADE

(Street)

ST. HELIER JERSEY JE1 3FG

(City) (State) (Zip)

JERSEY

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Index Venture Associates VI Ltd

(Last) (First) (Middle)

44 ESPLANADE

(Street)

ST. HELIER JERSEY JE1 3FG

(City) (State) (Zip)

JERSEY

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Yucca (Jersey) SLP

(Last) (First) (Middle)

44 ESPLANADE

(Street)

ST. HELIER JERSEY JE1 3FG

(City) (State) (Zip)

JERSEY

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. On August 11, 2026, Index Ventures VI (Jersey), L.P. ("Index VI") distributed in-kind, without consideration, 2,758,691 shares of the Issuer's Class A Common Stock pro-rata to its limited partners and its general partner, Index Venture Associates VI Limited ("IVA VI"), in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On the same date, IVA VI distributed in-kind, without consideration, 689,673 shares of Class A Common Stock received in the Index VI distribution pro-rata to its partners, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

2. IVA VI is the managing general partner of Index VI and Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. ("Index VI Parallel"). Index Venture Growth Associates IV Limited ("IGA IV") is the managing general partner of Index Ventures Growth IV (Jersey), L.P. Index Ventures Growth Associates V Limited ("IGA V") is the managing general partner of Index Ventures Growth V (Jersey), L.P. Yucca (Jersey) SLP ("Yucca") is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Index funds' investment in the Issuer. Each of IVA VI, IGA IV and IGA V disclaims beneficial ownership of the shares for purposes of Section 16 of the Exchange Act, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by it for Section 16 or any other purpose.

3. On August 11, 2026, Index VI Parallel distributed in-kind, without consideration, 55,684 shares of the Issuer's Class A Common Stock pro-rata to its limited partners and its general partner, IVA VI, in accordance with the exemptions under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. On the same date, IVA VI distributed in-kind, without consideration, 13,921 shares of Class A Common Stock received in the Index VI Parallel distribution pro-rata to its partners, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

4. On August 11, 2026, Yucca distributed in-kind, without consideration, 23,150 shares of Class A Common Stock pro-rata to its partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.

	Index Ventures VI (Jersey) L.P., By: Index Venture Associates VI Limited, as Managing General Partner, By: /s/ Nigel Greenwood, Director	08/12/2026
	Index Ventures VI Parallel Entrepreneur Fund (Jersey) L.P., By: Index Venture Associates VI Limited, as Managing General Partner, By: /s/ Nigel Greenwood, Director	08/12/2026
	Index Venture Associates VI Limited, By: /s/ Nigel Greenwood, Director	08/12/2026
	Yucca (Jersey) SLP, By: /s/ Carolyn Gates and /s/ Phil King, Authorized Signatories	08/12/2026
	** 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)