Figma, Inc.·4

Mar 24, 4:15 PM ET

Mulligan Brendan 4

Research Summary

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Figma (FIG) General Counsel Brendan Mulligan Receives Award

What Happened

  • Brendan Mulligan, General Counsel and Secretary of Figma, was granted 203,086 restricted stock units (RSUs) on 2026-03-20. The Form 4 reports the acquisition as 203,086 shares at $0.00 (code A — award/grant), so no cash was paid at grant. Each RSU is a contingent right to receive one share of Class A common stock upon vesting.

Key Details

  • Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filed within the required 2 business days).
  • Reported amount: 203,086 RSUs acquired at $0.00 (award/grant).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes: F1 — the 203,086 RSUs vest according to the award terms; each RSU converts to one Class A share upon vesting. F2 — certain securities in the filing are represented by RSUs.
  • Transaction code: A (Grant/Award). No sale or purchase of shares occurred in this filing.

Context

  • RSU grants are a form of compensation and are contingent until they vest; they do not represent immediately tradable shares. This grant should be viewed as an insider compensation event rather than an open-market buy or sell. The filing appears timely, so no late-filing implications are indicated.