Figma (NYSE: FIG) CFO sells 40,000 shares under 10b5-1 trading plan
Rhea-AI Filing Summary
Figma, Inc. CFO and Treasurer Praveer Melwani reported selling 40,000 shares of Class A Common Stock on August 4, 2026 in three transactions at weighted average prices of $25.4377, $26.2942 and $26.9566 per share. The sales were effected under a Rule 10b5-1 trading plan adopted on August 5, 2025 and modified on February 27, 2026, with price ranges of $24.65–$25.64, $25.65–$26.64 and $26.65–$27.28 per share. After these transactions, 118,363 shares of Class A Common Stock are held indirectly by APM33, LLC, of which Melwani is a manager.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
4 txns
Insider
Melwani Praveer
Role
CFO and Treasurer
Sold
40,000 shs ($1.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 2,900 | $25.4377 | $74K |
| Sale | Class A Common Stock F1, F3 | 12,900 | $26.2942 | $339K |
| Sale | Class A Common Stock F1, F4 | 24,200 | $26.9566 | $652K |
| holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,674,544 shares (Direct);
Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)
Footnotes (5)
- F1. 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, as modified on February 27, 2026.
- F2. Represents the weighted average sale price. The lowest price at which shares were sold was $24.65 and the highest price at which shares were sold was $25.64. 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 $25.65 and the highest price at which shares were sold was $26.64. 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.
- F4. Represents the weighted average sale price. The lowest price at which shares were sold was $26.65 and the highest price at which shares were sold was $27.28. 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.
- F5. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
Key Figures
Shares sold: 40,000 shares
Shares sold (block 1): 2,900 shares at $25.4377 per share
Shares sold (block 2): 12,900 shares at $26.2942 per share
+2 more
5 metrics
Shares sold
40,000 shares
Total Class A Common Stock sold by Praveer Melwani on August 4, 2026
Shares sold (block 1)
2,900 shares at $25.4377 per share
First sale tranche of Class A Common Stock on August 4, 2026
Shares sold (block 2)
12,900 shares at $26.2942 per share
Second sale tranche of Class A Common Stock on August 4, 2026
Shares sold (block 3)
24,200 shares at $26.9566 per share
Third sale tranche of Class A Common Stock on August 4, 2026
Indirect holdings after transactions
118,363 shares
Class A Common Stock held indirectly by APM33, LLC after the reported transactions
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Class A Common Stock, indirect ownership
4 terms
Rule 10b5-1 trading plan financial
"The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares were sold"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"These securities are held by APM33, LLC, of which the Reporting Person is a manager."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Figma (FIG) CFO Praveer Melwani report?
Figma CFO and Treasurer Praveer Melwani reported selling 40,000 shares of Class A Common Stock on August 4, 2026. The sales occurred in three tranches at different weighted average prices under a Rule 10b5-1 trading plan.