How are Figma's Class B shares related to Class A shares in this filing?

The filing states that each share of Class B common stock is convertible into one share of Class A common stock at any time at the holder's election or automatically upon certain transfers or events described in the company's charter.

Figma insider converts Class B and sells 312,500 Class A shares

Q: How many Figma (FIG) shares were sold and at what prices?

The insider sold a total of 312,500 shares of Class A common stock in multiple transactions at weighted average prices of about $34.10 , $34.88 , and $35.55 , with sale price ranges from $33.40 to $35.71.

Q: Were the Figma (FIG) insider sales made under a Rule 10b5-1 plan?

Yes. The sales were made pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on August 4, 2025 , referred to as the "Field Diversification Plan."

Q: How many Figma (FIG) shares were converted from Class B to Class A in this Form 4?

The insider converted 250,000 shares of Class B into Class A common stock held directly and 62,500 shares of Class B into Class A common stock held indirectly, for a total of 312,500 Class A shares before the sales.

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Figma, Inc. reported insider transactions by its President & CEO, who is also a director and 10% owner. On 11/24/2025, the insider converted and acquired a total of 312,500 shares of Class A common stock from Class B common stock at an exercise price of $0, then sold the same number of Class A shares in multiple trades.

The sales were made under a Rule 10b5-1 trading plan adopted on August 4, 2025. Sale prices reflected weighted averages of about $34.10, $34.88 and $35.55, within ranges from $33.40 to $35.71. Following these transactions, the insider beneficially owns 36,959,828 shares of Class B common stock directly and 14,942,017 shares indirectly, plus 1,135,325 and 1,122,908 Class B shares held in separate trusts, each share of Class B being convertible into one share of Class A.

Insider Trade Summary

Net Seller: 312,500 shares ($10,862,732)

Net Sell 12 txns

Insider Field Dylan

Role President & CEO

Sold 312,500 shs ($10.86M)

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	250,000	$0.00	--
Conversion	Class B Common Stock	62,500	$0.00	--
Conversion	Class A Common Stock	250,000	$0.00	--
Sale	Class A Common Stock	69,746	$34.0971	$2.38M
Sale	Class A Common Stock	142,891	$34.8781	$4.98M
Sale	Class A Common Stock	37,363	$35.5507	$1.33M
Conversion	Class A Common Stock	62,500	$0.00	--
Sale	Class A Common Stock	17,437	$34.0971	$595K
Sale	Class A Common Stock	35,723	$34.8782	$1.25M
Sale	Class A Common Stock	9,340	$35.5507	$332K
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 36,959,828 shares (Direct); Class B Common Stock — 14,942,017 shares (Indirect, See footnote); Class A Common Stock — 250,000 shares (Direct); Class A Common Stock — 62,500 shares (Indirect, See footnote)

Footnotes (1)

The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 4, 2025 (the "Field Diversification Plan"). Represents the weighted average sale price. The lowest price at which shares were sold was $33.40 and the highest price at which shares were sold was $34.39. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein. Represents the weighted average sale price. The lowest price at which shares were sold was $34.40 and the highest price at which shares were sold was $35.39. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein. Represents the weighted average sale price. The lowest price at which shares were sold was $35.40 and the highest price at which shares were sold was $35.71. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein. These shares are held of record by LLL Investments LLC which is associated with the Reporting Person. Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation. These shares are held by the Dylan Field 2024 Annuity Trust, of which the Reporting Person is trustee. These shares are held by the Field 2021 Descendants Trust, of which Bryn Mawr Trust Company of Delaware serves as trustee and may be replaced at the discretion of the Reporting Person.

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Form 4 Insider Transactions: What Each Field Means →

11/26/2025 - 05:05 PM

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^*

Field Dylan

(Last)

(First)

(Middle)

C/O FIGMA, INC.

760 MARKET STREET, FLOOR 10

(Street)

SAN FRANCISCO

94102

(City)

(State)

(Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/24/2025		C		250,000	A	$0	250,000	D
Class A Common Stock	11/24/2025		S⁽¹⁾		69,746	D	$34.0971⁽²⁾	180,254	D
Class A Common Stock	11/24/2025		S⁽¹⁾		142,891	D	$34.8781⁽³⁾	37,363	D
Class A Common Stock	11/24/2025		S⁽¹⁾		37,363	D	$35.5507⁽⁴⁾	0	D
Class A Common Stock	11/24/2025		C		62,500	A	$0	62,500	I	See footnote⁽⁵⁾
Class A Common Stock	11/24/2025		S⁽¹⁾		17,437	D	$34.0971⁽²⁾	45,063	I	See footnote⁽⁵⁾
Class A Common Stock	11/24/2025		S⁽¹⁾		35,723	D	$34.8782⁽³⁾	9,340	I	See footnote⁽⁵⁾
Class A Common Stock	11/24/2025		S⁽¹⁾		9,340	D	$35.5507⁽⁴⁾	0	I	See footnote⁽⁵⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽⁶⁾	11/24/2025		C			250,000	⁽⁶⁾	⁽⁶⁾	Class A Common Stock	250,000	$0	36,959,828	D
Class B Common Stock	⁽⁶⁾	11/24/2025		C			62,500	⁽⁶⁾	⁽⁶⁾	Class A Common Stock	62,500	$0	14,942,017	I	See footnote⁽⁵⁾
Class B Common Stock	⁽⁶⁾							⁽⁶⁾	⁽⁶⁾	Class A Common Stock	1,135,325		1,135,325	I	By Trust⁽⁷⁾
Class B Common Stock	⁽⁶⁾							⁽⁶⁾	⁽⁶⁾	Class A Common Stock	1,122,908		1,122,908	I	By Trust⁽⁸⁾

Explanation of Responses:

1. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 4, 2025 (the "Field Diversification Plan").

2. Represents the weighted average sale price. The lowest price at which shares were sold was $33.40 and the highest price at which shares were sold was $34.39. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.

3. Represents the weighted average sale price. The lowest price at which shares were sold was $34.40 and the highest price at which shares were sold was $35.39. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.

4. Represents the weighted average sale price. The lowest price at which shares were sold was $35.40 and the highest price at which shares were sold was $35.71. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.

5. These shares are held of record by LLL Investments LLC which is associated with the Reporting Person.

6. Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.

7. These shares are held by the Dylan Field 2024 Annuity Trust, of which the Reporting Person is trustee.

8. These shares are held by the Field 2021 Descendants Trust, of which Bryn Mawr Trust Company of Delaware serves as trustee and may be replaced at the discretion of the Reporting Person.

	/s/ Brendan Mulligan, Attorney-in-Fact	11/26/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Figma (FIG) report on this Form 4?

The Form 4 reports that Figma's President & CEO, who is also a director and 10% owner, converted Class B common stock into Class A common stock and sold the resulting 312,500 Class A shares on 11/24/2025.

How many Figma (FIG) shares were sold and at what prices?

The insider sold a total of 312,500 shares of Class A common stock in multiple transactions at weighted average prices of about $34.10, $34.88, and $35.55, with sale price ranges from $33.40 to $35.71.

Were the Figma (FIG) insider sales made under a Rule 10b5-1 plan?

Yes. The sales were made pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on August 4, 2025, referred to as the "Field Diversification Plan."

What are the insider's remaining holdings in Figma after these transactions?

After the reported transactions, the insider beneficially owns 36,959,828 shares of Class B common stock directly and 14,942,017 shares indirectly, plus 1,135,325 and 1,122,908 Class B shares held in separate trusts.

How many Figma (FIG) shares were converted from Class B to Class A in this Form 4?

The insider converted 250,000 shares of Class B into Class A common stock held directly and 62,500 shares of Class B into Class A common stock held indirectly, for a total of 312,500 Class A shares before the sales.