Hamid Mamoon Amjad 4
4 · Figma, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Figma (FIG) 10% Owner Mamoon Hamid Transfers/Receives Shares
What Happened
Hamid Mamoon Amjad (reported as Mamoon Hamid in footnotes), a 10% owner of Figma, reported a series of non‑cash transfers on Feb 25, 2026. The filing records dispositions of 6,108,232 shares of Class A common stock (4,763,981; 1,188,289; 155,962) and acquisitions of 1,495,975 shares (1,190,996; 295,454; 9,525). All transactions were recorded at $0.00 per share (no consideration). Net effect reported: a decrease of 4,612,257 shares (6,108,232 disposed minus 1,495,975 acquired). These were internal pro rata distributions and reassignments among Kleiner Perkins entities and their partners — not open‑market sales.
Key Details
- Transaction date: Feb 25, 2026; Form 4 filed Feb 27, 2026 (appears timely).
- Transaction type/code: “J” — Other acquisition/disposition; price per share = $0.00; total monetary value reported = $0.
- Shares disposed: 6,108,232 (4,763,981; 1,188,289; 155,962).
- Shares acquired: 1,495,975 (1,190,996; 295,454; 9,525).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: distributions were pro rata, for no consideration, by KPCB XVII, KPCB XVII Associates and KPCB XVII Founders to their limited partners and members; shares are held in nominee name for convenience; managing members disclaim beneficial ownership except to the extent of pecuniary interest; distributions relied on exemptions under Rules 16a‑13 and/or 16a‑9.
Context
- These were internal distributions among venture fund entities and their limited partners (institutional/affiliate reallocations), not open‑market purchases or cash sales. Such zero‑price, pro rata distributions typically reflect organizational or ownership reallocation and do not by themselves indicate the insider’s view of the company’s prospects.
- Code J (other) is commonly used for transfers that don’t fit standard buy/sell/gift categories; here it documents no‑consideration distributions.
Insider Transaction Report
- Other
Class A Common Stock
[F1][F2][F3]2026-02-25−4,763,981→ 42,875,831 total(indirect: By LLC) - Other
Class A Common Stock
[F4][F2][F3]2026-02-25+1,190,996→ 1,190,996 total(indirect: By LLC) - Other
Class A Common Stock
[F5][F2][F3]2026-02-25−1,188,289→ 2,707 total(indirect: By LLC) - Other
Class A Common Stock
[F6]2026-02-25+295,454→ 295,454 total - Other
Class A Common Stock
[F7][F2][F3]2026-02-25−155,962→ 1,403,660 total(indirect: By LLC) - Other
Class A Common Stock
[F8]2026-02-25+9,525→ 304,979 total
- 78,416(indirect: By LLC)
Class A Common Stock
[F2][F3] - 3,086,524(indirect: By LLC)
Class A Common Stock
[F2][F3]
Footnotes (8)
- [F1]On February 25, 2026 Kleiner Perkins Caufield & Byers XVII, LLC ("KPCB XVII") distributed, for no consideration, 4,763,981 shares of the Issuer's Class A Common Stock to its limited partners representing each partner's pro rata interest in such shares.
- [F2]These securities are held for convenience in the name of "KPCB Holdings, Inc., as nominee" for the accounts of these entities. The managing member of KPCB XVII and KPCB XVII Founders Fund, LLC ("KPCB XVII Founders") is KPCB XVII Associates, LLC ("KPCB XVII Associates"). Theodore E. Schlein, Beth Seidenberg, Mamoon Hamid and Ilya Fushman, the managing members of KPCB XVII Associates, exercise shared voting and dispositive control over the shares held by KPCB XVII and KPCB XVII Founders. Such managing members disclaim beneficial ownership of all shares held by KPCB XVII and KPCB XVII Founders except to the extent of their pecuniary interest therein.
- [F3](Continued from footnote 2) The managing member of Kleiner Perkins Select Fund, LLC ("KP Select") and Kleiner Perkins Select Founders Fund, LLC ("KP Select Founders") is Kleiner Perkins Select Associates, LLC ("KP Select Associates"). Ilya Fushman and the Reporting Person, the managing members of KP Select Associates, exercise shared voting and dispositive control over the shares held by KP Select and KP Select Founders. Such managing members disclaim beneficial ownership of all shares held by KP Select and KP Select Founders except to the extent of their pecuniary interest therein.
- [F4]Represents shares of Class A Common Stock received pursuant to a pro rata distribution by KPCB XVII, for no consideration, to its members. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F5]On February 25, 2026 KPCB XVII Associates distributed, for no consideration, 1,188,289 shares of the Issuer's Class A Common Stock to its limited partners representing each partner's pro rata interest in such shares.
- [F6]Represents shares of Class A Common Stock received pursuant to a pro rata distribution by KPCB XVII Associates, for no consideration, to its members. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F7]On February 25, 2026 KPCB XVII Founders distributed, for no consideration, 155,962 shares of the Issuer's Class A Common Stock to its limited partners representing each partner's pro rata interest in such shares.
- [F8]Represents shares of Class A Common Stock received pursuant to a pro rata distribution by KPCB XVII Founders, for no consideration, to its members. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.