Hamid Mamoon Amjad 4/A
Research Summary
AI-generated summary
Figma (FIG) 10% Owner Hamid Mamoon Amjad Receives 304,979 Shares
What Happened
Hamid Mamoon Amjad, reported as a 10% owner of Figma, Inc. (FIG), was credited with two acquisitions on 2026-02-25 totaling 304,979 shares of Class A Common Stock. The transactions are reported at $0.00 per share (no cash paid) — 295,454 shares and 9,525 shares — reflecting pro rata distributions from investment vehicles. The Form 4 is an amendment that updates the reporting of these indirect holdings.
Key Details
- Transaction date: 2026-02-25 (both entries); transaction code: J (other acquisition/disposition).
- Price: $0.00 per share; total shares received: 304,979.
- Footnotes: F1 and F3 state these were pro rata distributions by KPCB XVII Associates, LLC and KPCB XVII Founders Fund, LLC, made under exemptions of Rules 16a-13 and/or 16a-9; F2 notes some shares are held in a revocable trust of which the reporting person and spouse are trustees.
- Filing status: This is an amended Form 4 (amendment reflected in remarks); the amendment filed with this accession covers the Feb 25, 2026 distributions.
- Shares owned after transaction: Not specified in the information provided on this filing.
Context
These were distributions (no cash exchanged), not open-market purchases or sales; such transfers typically reflect fund/partner allocations and do not by themselves signal insider buying/selling sentiment. As a 10% owner, the reporting person’s receipt is an institutional/ownership allocation rather than routine executive trading. For full details and timeliness, consult the SEC filing (Accession No. 0001964092-26-000004).