STOCK TITAN

Figma CFO has 7,037 shares withheld for taxes

Figma’s CFO had shares withheld for RSU tax obligations but continues to hold over 1.7 million FIG shares directly and indirectly.

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. (FIG) reported that its CFO and Treasurer, Praveer Melwani, had 7,037 shares of Class A Common Stock withheld on September 1, 2026 at $27.49 per share to satisfy tax withholding liabilities from the net settlement of restricted stock units. Following this withholding, he holds 1,667,507 shares directly and 118,363 shares indirectly through APM33, LLC, of which he is a manager. No Rule 10b5-1 trading plan is reported.

Positive

  • None.

Negative

  • None.
Insider Melwani Praveer
Role CFO and Treasurer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 7,037 $27.49 $193K
holding Class A Common Stock F2 -- -- --
Holdings After Transaction: Class A Common Stock — 1,667,507 shares (Direct); Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)
Footnotes (2)
  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.
  2. F2. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
Shares withheld for taxes 7,037 shares Class A Common Stock withheld on September 1, 2026 to satisfy tax withholding liabilities
Withholding price per share $27.49 per share Price used for the 7,037 shares withheld for RSU tax obligations
Direct holdings after transaction 1,667,507 shares Class A Common Stock directly held by CFO after September 1, 2026 withholding
Indirect holdings after transaction 118,363 shares Class A Common Stock held indirectly through APM33, LLC
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
"to satisfy tax withholding liabilities in connection with the net settlement"
tax withholding liabilities financial
"withheld by the Issuer to satisfy tax withholding liabilities"

FAQ

What insider transaction did Figma (FIG) disclose for CFO Praveer Melwani?

Figma disclosed that CFO Praveer Melwani had 7,037 shares of Class A Common Stock withheld on September 1, 2026 to satisfy tax withholding liabilities related to the net settlement of restricted stock units.

At what price were the FIG shares withheld to cover taxes?

The 7,037 Figma Class A shares were withheld at a price of $27.49 per share in connection with satisfying the CFO’s RSU-related tax withholding liabilities.

How many FIG shares does the CFO hold directly after this Form 4 event?

After the tax withholding transaction, CFO Praveer Melwani directly holds 1,667,507 shares of Figma Class A Common Stock, as reported in the Form 4 filing.

Does the Figma (FIG) CFO have any indirect share holdings?

Yes. The filing states that 118,363 shares of Figma Class A Common Stock are held indirectly through APM33, LLC, of which Praveer Melwani is a manager.

Was the Figma (FIG) insider transaction made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote states use of such a plan, so no Rule 10b5-1 plan is reported for this transaction.

Was this Figma (FIG) insider transaction a market sale or a tax withholding?

The Form 4 describes the event as shares withheld to satisfy tax withholding liabilities from RSU net settlement, not as an open-market sale. It is coded as a tax-related disposition of 7,037 shares.

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

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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*
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)
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)7,037D$27.491,667,507D
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-Fact09/03/2026
** 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)