Melwani Praveer 4

What Happened Praveer Melwani, Figma’s Chief Financial Officer and Treasurer, received an award of 324,939 restricted stock units (RSUs) on 2026-03-20. The Form 4 reports the acquisition at $0.00 (typical for compensation grants); total dollar value at grant was not reported on the Form 4. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-03-20; 324,939 RSUs @ $0.00 (code A = award/grant).
• Filing date/timeliness: Form 4 filed 2026-03-24 — within the two business-day filing window.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: The 324,939 RSUs vest per the award terms; each RSU represents a contingent right to one Class A share.
  • F2: Certain reported securities are represented by RSUs.
  • F3: Some or all securities are held by APM33, LLC, of which the reporting person is a manager (indirect ownership).

Context RSU grants are a form of compensation and typically vest over time; they do not represent immediate purchases or sales and therefore are not a direct market “vote” by the insider. Because these RSUs are contingent on vesting, their economic benefit depends on future vesting conditions and any applicable plan terms.