Figma (FIG) 10% Owner Dylan Field Gifts 1.25M Shares

What Happened
Dylan Field (reported as a 10% owner) disposed of 1,250,000 shares of Figma Class B Common Stock on August 17, 2026 by gift. The transaction is reported as a disposition (code G); the shares were transferred at $0.00 (no cash proceeds) and therefore have a reported total value of $0.

Key Details

• Transaction date: 2026-08-17; Form filed: 2026-08-19 (timely within the usual two-business-day reporting window).
• Transaction type: Gift (G) of 1,250,000 shares; reported price $0.00; reported as a derivative holding.
• Post-transaction holdings: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Each Class B share is convertible into one share of Class A common stock.
  • F2: The transfer is a bona fide gift to a donor-advised fund.
  • F3–F5: Other reported shares are held in various trusts and an entity (Field 2024 GRAT Remainder Trust, Field 2021 Descendants Trust, LLL Investments LLC) with named trustees who may be replaced at the reporting person's discretion.
• Reporting status: Filing appears timely (no late filing flag).

Context
Gifts to donor-advised funds are transfers for philanthropic/tax-planning purposes and do not involve a cash sale — they do not necessarily signal the insider's view of the stock. As a reported 10% owner rather than an employee-only trade, this is an ownership-level transfer and should be interpreted differently from open-market buys or sales. The Class B shares are convertible to Class A per the filing (F1), which affects their economic equivalence to publicly traded Class A shares.