Form 4: Figma CFO's Stock Withholding for Tax Liabilities

Figma's CFO, Praveer Melwani, reported a disposition of 15,556 Class A Common Stock shares to cover tax liabilities at a price of $51.87 per share.

Summary

• Praveer Melwani, the Chief Financial Officer and Treasurer of Figma, Inc. (FIG), reported a transaction involving the company's Class A Common Stock.
• On October 1, 2025, 15,556 shares of Class A Common Stock were withheld by Figma, Inc. to satisfy tax withholding liabilities.
• The shares were valued at $51.87 per share for the purpose of this tax withholding.
• Following this transaction, Mr. Melwani directly beneficially owns 1,653,542 shares of Class A Common Stock.
• Additionally, 142,500 shares of Class A Common Stock are indirectly beneficially owned through APM33, LLC, an entity where Mr. Melwani is a manager.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event related to executive compensation, which is neither positive nor negative for the company's operational or financial performance.

Related Party Transactions

• Praveer Melwani indirectly beneficially owns 142,500 shares of Class A Common Stock through APM33, LLC, an entity where he serves as a manager.

Key Dates

Recommendation

The filing details a routine tax withholding transaction for an executive's equity compensation, which is a standard practice and does not indicate any fundamental change in the company's prospects or valuation. Therefore, it does not warrant a change in investment recommendation based solely on this report.

Keywords

Figma, FIG, Praveer Melwani, CFO, Treasurer, Class A Common Stock, SEC Form 4, Insider Transaction, Tax Withholding, Equity Compensation