Dylan Field (FIG) records 158 Figma Class A shares via fund distributions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. director and CEO Dylan Field reported entity-restructuring transactions involving 158 shares of Class A Common Stock. The filing shows 5 shares held directly and 153 shares held indirectly through Field Family Investments LLC, an entity associated with him.
The shares were received for no consideration via pro rata distributions from Goanna Capital Fund I, LP and Goanna Capital Private Technology II, LP to their partners, under exemptions in Rules 16a-13 and 16a-9. These J-code entries reflect structural reallocations rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Field Dylan
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 5 | $0.00 | -- |
| Other | Class A Common Stock | 153 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 5 shares (Direct);
Class A Common Stock — 153 shares (Indirect, By LLC)
Footnotes (1)
- Represents shares of Class A Common Stock received pursuant to a pro rata distribution by Goanna Capital Fund I, LP, for no consideration, to its partners. The distribution was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended. Represents shares of Class A Common Stock received pursuant to a pro rata distribution by Goanna Capital Private Technology II, LP, for no consideration, to its partners. The distribution was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended. These shares are held of record by Field Family Investments LLC, which is associated with the Reporting Person.
FAQ
What insider transaction did Dylan Field report for Figma (FIG)?
Dylan Field reported restructuring-related receipt of 158 Figma Class A shares. The Form 4 shows 5 shares held directly and 153 shares held indirectly through Field Family Investments LLC, reflecting pro rata distributions from investment funds rather than open-market purchases or sales.
Were Dylan Field’s Figma (FIG) transactions open-market buys or sells?
No, the transactions were not open-market buys or sells. Both entries use transaction code J, described as “other acquisition or disposition,” and stem from pro rata fund distributions for no consideration, indicating internal reallocations instead of discretionary trading in the market.
What do the Goanna Capital fund distributions mean in Dylan Field’s Figma filing?
The Goanna Capital distributions moved Figma shares from funds to partners. Shares were distributed pro rata by Goanna Capital Fund I, LP and Goanna Capital Private Technology II, LP to partners for no consideration, using exemptions under Rules 16a-13 and 16a-9, and then reported by Dylan Field.
How are Dylan Field’s indirect Figma (FIG) holdings structured?
Indirect Figma holdings are reported through Field Family Investments LLC. The Form 4 notes that 153 Class A shares are held of record by Field Family Investments LLC, which is associated with Dylan Field, indicating ownership through a related limited liability company.