Form 4: Figma CEO Dylan Field Gifts 1.25M Shares

Figma, Inc. CEO and 10% owner Dylan Field reported a gift of 1,250,000 shares of Class B Common Stock to a donor-advised fund.

Summary

• Dylan Field, who serves as President & CEO, Director, and a 10% owner of Figma, Inc. (FIG), reported a disposition of 1,250,000 shares of Class B Common Stock.
• The transaction, which occurred on November 28, 2025, was a bona fide gift to a donor-advised fund, as indicated by transaction code 'G'.
• Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the election of the holder or upon certain events.
• Following this gift, Dylan Field directly beneficially owns 35,709,828 shares of Class B Common Stock.
• Indirect beneficial ownership includes 1,135,325 shares held by the Dylan Field 2024 Annuity Trust, 1,122,908 shares held by the Field 2021 Descendants Trust, and 14,942,017 shares held by LLL Investments LLC, all associated with the reporting person.

Sentiment

Score: 6

Explanation: The transaction is a gift, not a sale, indicating philanthropic activity rather than a lack of confidence. While it reduces direct ownership, the overall beneficial ownership remains significant, suggesting a neutral to slightly positive sentiment due to the nature of the disposition.

Positives

• The transaction represents a charitable gift, which can be viewed positively from a corporate social responsibility perspective.

Negatives

• A reduction in direct insider ownership, even through a gift rather than a sale, could be perceived as a slight decrease in direct alignment with public shareholders, though substantial indirect ownership remains.

Future Outlook

No forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

This Form 4 filing reports a routine insider transaction (a gift of shares) and does not provide information directly related to broader industry trends or competitive landscape. Such transactions are common for high-net-worth individuals for estate planning or philanthropic purposes.

Related Party Transactions

• A bona fide gift of 1,250,000 shares of Class B Common Stock was made from the Reporting Person to a donor-advised fund.
• Indirect beneficial ownership is held through the Dylan Field 2024 Annuity Trust, the Field 2021 Descendants Trust, and LLL Investments LLC, all of which are associated with the Reporting Person.

Stakeholder Impact

• Shareholders: A slight reduction in the CEO's direct beneficial ownership, though indirect holdings remain substantial. The shares were gifted, not sold, so there is no direct market impact from a sale.

Key Dates

Keywords

Figma, FIG, Dylan Field, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Class B Common Stock, CEO, Director, 10% Owner