Figma (FIG) 10% Owner Dylan Field Gifts 40,000 Shares

What Happened
Dylan Field, reported as a 10% owner of Figma, Inc. (FIG), made a gift of 40,000 derivative shares on 2026-08-27. The transaction is reported as a gift (code G) with $0 consideration — no sale proceeds were received. The shares are reported as derivative/common stock that can be converted (see footnote F1).

Key Details

• Transaction date: 2026-08-27. Form 4 filed: 2026-08-31 (filed within the typical two business‑day window following the trade).
• Transaction type and amount: Gift (G) of 40,000 shares; reported dollar value = $0.
• Security type: Derivative (Class B Common Stock convertible into Class A; see F1).
• Shares owned after transaction: Not specified in the excerpt provided.
• Related footnotes: F2 = bona fide gifts by the reporting person; F3–F5 = some shares are held of record by trusts or an LLC associated with Field (Field 2024 GRAT Remainder Trust, Field 2021 Descendants Trust, LLL Investments LLC).
• Insider status: Reporting person is a 10% owner (institutional owner status noted).

Context
Gifts are transfers for estate-planning or personal purposes and do not necessarily signal confidence or concern about the company’s stock price. Because these were gifts (not open‑market purchases or sales), they don’t reflect direct trading intent. The “derivative” label here reflects convertible Class B shares (convertible into Class A per F1), not an options exercise.