Figma general counsel sells 109,106 shares
Figma’s General Counsel and Secretary executed pre-planned sales totaling 109,106 Class A shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Figma, Inc. (FIG) reported that its General Counsel and Secretary, Brendan Mulligan, sold a total of 109,106 shares of Class A Common Stock on September 3, 2026 in open‑market transactions. The sales occurred in two tranches: 64,606 shares at a weighted average price of $25.7253 per share and 44,500 shares at a weighted average price of $26.3487 per share. The filing states these transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Brendan Mulligan on May 29, 2026. The price footnotes note that the weighted averages reflect individual sale prices ranging from $25.13 to $26.12 for the first tranche and from $26.13 to $26.75 for the second tranche. Post‑transaction share holdings are not reported in this form.
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Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 64,606 | $25.7253 | $1.66M |
| Sale | Class A Common Stock F1, F3 | 44,500 | $26.3487 | $1.17M |
Footnotes (3)
- F1. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2026.
- F2. Represents the weighted average sale price. The lowest price at which shares were sold was $25.13 and the highest price at which shares were sold was $26.12. 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.
- F3. Represents the weighted average sale price. The lowest price at which shares were sold was $26.13 and the highest price at which shares were sold was $26.75. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
open market or private transaction financial
FAQ
What insider transactions did FIG (Figma, Inc.) disclose in this Form 4?
Were the FIG insider stock sales made under a Rule 10b5-1 trading plan?
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