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Figma (FIG) CFO logs 83,974-share Rule 10b5-1 stock sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. Chief Financial Officer and Treasurer Praveer Melwani reported open-market sales of 83,974 shares of Class A common stock on June 3, 2026. The shares were sold in two transactions at weighted average prices of $22.7477 and $23.6874 per share.

The filing notes these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on August 5, 2025, indicating they were scheduled in advance. Melwani also reports 118,363 shares held indirectly through APM33, LLC, where he is a manager.

Positive

  • None.

Negative

  • None.
Insider Melwani Praveer
Role CFO and Treasurer
Sold 83,974 shs ($1.91M)
Type Security Shares Price Value
Sale Class A Common Stock 82,174 $22.7477 $1.87M
Sale Class A Common Stock 1,800 $23.6874 $43K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 1,750,824 shares (Direct, null); Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)
Footnotes (1)
  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 $22.31 and the highest price at which shares were sold was $23.25. 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 $23.37 and the highest price at which shares were sold was $23.90. 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. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
Total shares sold 83,974 shares Open-market sales on June 3, 2026
Sale block 1 size 1,800 shares Class A Common Stock sold at weighted average $23.6874
Sale block 1 price $23.6874/share Weighted average sale price for 1,800 shares
Sale block 2 size 82,174 shares Class A Common Stock sold at weighted average $22.7477
Sale block 2 price $22.7477/share Weighted average sale price for 82,174 shares
Indirect holdings 118,363 shares Class A Common Stock held by APM33, LLC
Net buy/sell direction Net sale of 83,974 shares Form 4 transaction summary netBuySellShares
10b5-1 plan adoption date August 5, 2025 Rule 10b5-1 trading plan referenced in footnote
Rule 10b5-1 trading plan regulatory
"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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: By APM33, LLC"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Melwani Praveer

(Last)(First)(Middle)
C/O FIGMA, INC.
760 MARKET STREET, FLOOR 10

(Street)
SAN FRANCISCO CALIFORNIA 94102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO and Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/03/2026S(1)82,174D$22.7477(2)1,750,824D
Class A Common Stock06/03/2026S(1)1,800D$23.6874(3)1,749,024D
Class A Common Stock118,363IBy APM33, LLC(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Represents the weighted average sale price. The lowest price at which shares were sold was $22.31 and the highest price at which shares were sold was $23.25. 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.
3. Represents the weighted average sale price. The lowest price at which shares were sold was $23.37 and the highest price at which shares were sold was $23.90. 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.
4. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
/s/ Brendan Mulligan, Attorney-in-Fact06/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Figma (FIG) report for CFO Praveer Melwani?

Figma reported that CFO Praveer Melwani sold 83,974 Class A shares. These were open-market sales on June 3, 2026, executed in two blocks, with weighted average prices of $22.7477 and $23.6874 per share, according to the Form 4 filing.

At what prices did the Figma (FIG) CFO sell his shares?

The reported Figma CFO share sales used weighted average prices. One block priced at $22.7477 per share and another at $23.6874 per share, with detailed price ranges between $22.31–$23.25 and $23.37–$23.90 disclosed in the footnotes.

How many Figma (FIG) shares did the CFO sell in this Form 4 filing?

The CFO sold a total of 83,974 Figma Class A shares. The Form 4 shows two open-market sale transactions: 1,800 shares at a weighted average of $23.6874 and 82,174 shares at a weighted average of $22.7477 on June 3, 2026.

Were the Figma (FIG) CFO’s stock sales made under a Rule 10b5-1 plan?

Yes. The Form 4 specifies the sales followed a Rule 10b5-1 plan. A footnote explains the reported sales were effected under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2025.

Does the Figma (FIG) CFO still hold shares after these reported sales?

Yes, the filing shows continued holdings after the sales. It reports 118,363 Class A shares held indirectly through APM33, LLC, of which the reporting person is a manager, in addition to his directly held shares reflected on the transaction lines.

What does the Form 4 say about Figma (FIG) CFO’s indirect share ownership?

The Form 4 discloses indirect ownership through APM33, LLC. A holding entry lists 118,363 Class A common shares held by APM33, LLC, with a footnote stating the reporting person is a manager of that entity.