Figma (FIG) CFO logs 83,974-share Rule 10b5-1 stock sale
Filing Impact
Filing Sentiment
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 Trade Summary 10b5-1
Net Seller: 83,974 shares ($1,911,907)
Net Sell
3 txns
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)
- 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.
Key Figures
Total shares sold: 83,974 shares
Sale block 1 size: 1,800 shares
Sale block 1 price: $23.6874/share
+5 more
8 metrics
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
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Class A Common Stock, open-market sale, +2 more
6 terms
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.
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.
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.