[Form 4] Figma, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. CFO and Treasurer Praveer Melwani reported automatic stock sales tied to tax withholding obligations. On February 2, 2026, he sold 6,960 shares of Class A Common Stock at a weighted average price of $24.3578 per share and 9,287 shares at a weighted average price of $25.2405.
According to the disclosure, these "sell to cover" transactions were executed solely to satisfy tax withholding arising from the vesting and settlement of restricted stock units and are described as non-discretionary. After these sales, Melwani directly beneficially owned 1,550,298 Class A shares and indirectly beneficially owned 118,363 shares held by APM33, LLC, where he is a manager.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,247 shares ($403,939)
Net Sell
3 txns
Insider
Melwani Praveer
Role
CFO and Treasurer
Sold
16,247 shs ($404K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,960 | $24.3578 | $170K |
| Sale | Class A Common Stock | 9,287 | $25.2405 | $234K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,559,585 shares (Direct);
Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)
Footnotes (1)
- The sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $23.99 to $24.9861, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $24.99 to $25.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades. These securities are held by APM33, LLC, of which the Reporting Person is a manager.