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Brendan Mulligan, General Counsel and Secretary of Figma, Inc. (FIG), reported a transaction dated 09/01/2025 in which 9,409 shares of Class A Common Stock were disposed of at a price of $70.28 per share. The filing explains these shares were withheld by the issuer to satisfy tax withholding obligations arising from the net settlement of restricted stock units.

After the withholding, Mr. Mulligan beneficially owns 956,214 shares of Class A Common Stock. The Form 4 was signed on 09/03/2025. The disclosure is a routine insider tax-withholding transaction rather than an open-market sale or purchase.

Figma insider reported a routine equity withholding tied to net settlement of restricted stock units and continued significant ownership. The filing shows the company's CFO and Treasurer had 15,553 shares of Class A common stock withheld by the issuer to satisfy tax withholding on restricted stock unit settlement, reducing direct beneficial ownership to 1,669,098 shares. The reporting person also has indirect ownership of 142,500 Class A shares through APM33, LLC, where they serve as manager. The filing identifies the transaction as a standard tax-related share withholding rather than an open-market sale.

Shaunt Voskanian, listed as Chief Revenue Officer and a director of Figma, Inc. (FIG), reported a transaction on 09/01/2025 that reduced his direct holdings of Class A common stock by 25,845 shares at a reported price of $70.28 per share. Following this net settlement/withholding transaction, he beneficially owns 1,655,455 shares of Class A common stock. The filing states the shares were withheld by the issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Figma, Inc. reports interim results and disclosures ahead of and around its August 1, 2025 IPO. The company completed an IPO that sold 12,472,657 Class A shares at $33.00 per share, yielding approximately $393.1 million of net proceeds, while selling stockholders sold 30,004,984 shares.

Key balance sheet and liquidity items include $7.0 million of deferred offering costs as of June 30, 2025 and a new $500.0 million revolving credit facility (matures June 27, 2030) with $500.0 million available and no outstanding borrowings as of June 30, 2025. Remaining performance obligations were $448.8 million, largely to be recognized within 12 months.

Figma, Inc. (FIG) entered into an Extended Lock-Up Agreement on August 30, 2025 with holders of approximately 54.1% of its outstanding Class A common stock. Under the agreement these holders agreed not to offer, sell, pledge, transfer, or hedge their shares, publicly disclose an intent to do so, or demand registration of their shares for a period beginning on the agreement date and ending August 31, 2026, subject to specified exceptions. The restriction covers shares and securities convertible into or exercisable for common stock and preserves the company鈥檚 existing lock-up framework tied to its IPO.