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Figma, Inc.·4

Jun 2, 5:38 PM ET

Field Dylan 4

4 · Figma, Inc. · Filed Jun 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Figma (FIG) 10% Owner Dylan Field Sells Shares

What Happened

  • Dylan Field, a reported 10% owner of Figma, converted derivative holdings into 174,430 shares and sold those shares in an open-market transaction on May 29, 2026. The weighted average sale price was $25.02, generating proceeds of $4,365,006. The conversions are reported at $0.00 cost and the sale was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

  • Transaction date: 2026-05-29; Filing date: 2026-06-02 (timely filing).
  • Sale: 174,430 shares disposed at a weighted average price of $25.02; total proceeds $4,365,006. Price range reported: $25.00–$25.11. (Reporting person can provide breakdown by price on request.)
  • Conversion: 174,430 shares converted from derivative securities at $0.00 (conversion reported).
  • Plan: Sales were made pursuant to a Rule 10b5-1 plan adopted August 4, 2025 ("Field Diversification Plan").
  • Ownership after transaction: Not specified in the provided filing.
  • Related holdings: Several of the converted/held shares are held of record by trusts and LLCs associated with Field (see filing footnotes re: Field 2024 GRAT Remainder Trust, Field Family Investments LLC, LLL Investments LLC, Field 2021 Descendants Trust).
  • Class conversion note: Footnote indicates Class B common stock is convertible into Class A common stock under the issuer's charter.

Context

  • This transaction reflects a conversion of derivative securities followed by an immediate sale — effectively a disposition of converted shares rather than an open-market purchase. As a 10% owner (not identified here as an executive), the filing reflects owner-level diversification activity executed under a trading plan, not an executive decision about company operations. No inference about future company performance should be drawn from this single routine sale.

Insider Transaction Report

Form 4
Period: 2026-05-29
Figma, Inc.FIG
Field Dylan
DirectorPresident & CEO10% Owner
Transactions
  • Conversion

    Class A Common Stock

    [F1]
    2026-05-29+174,430→ 174,430 total(indirect: By Trust)
  • Sale

    Class A Common Stock

    [F2][F3][F1]
    2026-05-29$25.02/sh−174,430$4,365,006→ 0 total(indirect: By Trust)
  • Conversion

    Class B Common Stock

    [F5][F1]
    2026-05-29−174,430→ 348,859 total(indirect: By Trust)
    → Class A Common Stock (174,430 underlying)
Holdings

  • Class A Common Stock

    5

  • Class A Common Stock

    [F4]
    (indirect: By LLC)
    153

  • Class B Common Stock

    [F5]
    → Class A Common Stock (37,987,566 underlying)
    37,987,566

  • Class B Common Stock

    [F5][F6]
    (indirect: See footnote)
    → Class A Common Stock (14,754,517 underlying)
    14,754,517

  • Class B Common Stock

    [F5][F7]
    (indirect: By Trust)
    → Class A Common Stock (1,122,908 underlying)
    1,122,908
Footnotes (7)
  • [F1]These shares are held by the Field 2024 GRAT Remainder Trust, of which A7P Trust Company serves as trustee and may be replaced at the discretion of the Reporting Person.
  • [F2]The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 4, 2025 (the "Field Diversification Plan").
  • [F3]Represents the weighted average sale price. The lowest price at which shares were sold was $25.00 and the highest price at which shares were sold was $25.11. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
  • [F4]These shares are held of record by Field Family Investments LLC, which is associated with the Reporting Person.
  • [F5]Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
  • [F6]These shares are held of record by LLL Investments LLC which is associated with the Reporting Person.
  • [F7]These shares are held by the Field 2021 Descendants Trust, of which Bryn Mawr Trust Company of Delaware serves as trustee and may be replaced at the discretion of the Reporting Person.
Signature
/s/ Brendan Mulligan, Attorney-in-Fact|2026-06-02

Documents

1 file
  • 4
    form4-06022026_090640.xmlPrimary