Figma (FIG) officer reports Rule 10b5-1 sales and holds 885,904 shares
Rhea-AI Filing Summary
Figma, Inc. reported that its General Counsel and Secretary, a company officer, sold Class A common stock in two open-market transactions on 12/03/2025. The officer sold 1,900 shares at a weighted average price of $36.1237 per share and 2,492 shares at a weighted average price of $37.1098 per share, both coded as open-market sales. These trades were made under a pre-arranged Rule 10b5-1 trading plan adopted on August 5, 2025, which is designed to allow insiders to sell shares according to a preset schedule. Following these transactions, the officer beneficially owns 885,904 shares of Figma Class A common stock, held directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,900 | $36.1237 | $69K |
| Sale | Class A Common Stock | 2,492 | $37.1098 | $92K |
Footnotes (1)
- The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2025. Represents the weighted average sale price. The lowest price at which shares were sold was $35.55 and the highest price at which shares were sold was $36.54. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $36.64 and the highest price at which shares were sold was $37.46. 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.
FAQ
What insider transaction did Figma (FIG) disclose in this Form 4?
Figma disclosed that its General Counsel and Secretary sold Class A common stock in two open-market transactions on 12/03/2025, totaling several thousand shares.
What trading plan governed the Figma (FIG) insider stock sales?
The sales were executed under a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2025, which sets a pre-arranged schedule for trades.
What is the reporting person’s role and relationship to Figma (FIG)?
The reporting person is an officer of Figma, serving as General Counsel and Secretary, and files individually as one reporting person.
Were the Figma (FIG) insider sales part of a routine plan or discretionary trades?
The filing states the sales were effected under a Rule 10b5-1 trading plan, indicating they followed a pre-established arrangement rather than ad hoc trading decisions.