Hamid Mamoon Amjad 4
4 · Figma, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Figma (FIG) 10% Owner Hamid Mamoon Amjad Disposes ~6.0M Shares
What Happened
Hamid Mamoon Amjad, reported as a 10% owner, recorded disposals of 5,809,800 and 190,200 shares of Figma Class A common stock (total 6,000,000 shares) at $0.00 on May 28, 2026, and a separate acquisition of 11,615 shares at $0.00. The disposals were pro rata distributions by Kleiner Perkins Caufield & Byers XVII, LLC and KPCB XVII Founders, made for no consideration to limited partners; the filing shows no cash proceeds from these transfers.
Key Details
- Transaction date: May 28, 2026; reported on Form 4 filed June 1, 2026 (timely within required period).
- Reported transaction type/code: "Other acquisition or disposition" (Code J) at $0.00 per share; total reported dollar value = $0 for the distributions.
- Shares disposed: 5,809,800 (KPCB XVII distribution) + 190,200 (KPCB XVII Founders distribution) = 6,000,000 shares. Shares acquired: 11,615 (held in a revocable trust per footnote).
- Shares held after transaction: filing does not state a consolidated post-transaction total; 11,615 shares are noted as held in a revocable trust (footnote F6).
- Notable footnotes: shares distributed pro rata by KPCB XVII/KPCB XVII Founders (F1, F4, F5); many shares are held in nominee name and managed via Kleiner Perkins entities with shared voting/dispositive control among managing members (F2, F3). Distributions relied on exemptions under Rules 16a-13 and/or 16a-9.
Context
These were fund-level pro rata distributions to limited partners, not open-market sales by an executive. Such distributions (no consideration transfers) are procedural and do not necessarily indicate insider sentiment about the company’s prospects. As a reported 10% owner associated with Kleiner Perkins entities, the filing mainly reflects allocation of shares from the funds to their partners rather than a classic buy/sell trade.
Insider Transaction Report
- Other
Class A Common Stock
[F1][F2][F3]2026-05-28−5,809,800→ 37,066,031 total(indirect: By LLC) - Other
Class A Common Stock
[F4][F2][F3]2026-05-28−190,200→ 1,213,460 total(indirect: By LLC) - Other
Class A Common Stock
[F5][F6]2026-05-28+11,615→ 316,594 total(indirect: By Trust)
- 78,416(indirect: By LLC)
Class A Common Stock
[F2][F3] - 3,086,524(indirect: By LLC)
Class A Common Stock
[F2][F3] - 2,707(indirect: By LLC)
Class A Common Stock
[F2][F3]
Footnotes (6)
- [F1]On May 28, 2026 Kleiner Perkins Caufield & Byers XVII, LLC ("KPCB XVII") distributed, for no consideration, 5,809,800 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]On May 28, 2026 KPCB XVII Founders distributed, for no consideration, 190,200 shares of the Issuer's Class A Common Stock to its limited partners representing each partner's pro rata interest in such shares.
- [F5]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.
- [F6]These shares of Class A Common Stock are held by a revocable trust of which the Reporting Person and his spouse are trustees.