Figma (FIG) CEO discloses 10b5-1 plan stock sales and conversions on December 15, 2025
Rhea-AI Filing Summary
Figma, Inc. disclosed that its President and CEO, who is also a director and 10% owner, converted and sold shares of Class A common stock in transactions dated December 15, 2025.
The filing shows a conversion of 250,000 shares of Class B common stock into Class A at a price of $0 per share, followed by sales of 148,985 Class A shares at a weighted average price of $34.3189 and 101,015 shares at a weighted average price of $35.1694, leaving no shares from that block. An additional 62,500 Class B shares associated with LLL Investments LLC were converted into Class A at $0 and 62,500 Class A shares were sold at $34.6626.
The sales reported were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2025, known as the Field Diversification Plan. After these transactions, the reporting person continues to beneficially own 35,459,828 derivative securities of Class B common stock directly and 14,879,517 indirectly through LLL Investments LLC, as well as Class B holdings convertible into 1,135,325 and 1,122,908 shares of Class A common stock through separate trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 250,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 62,500 | $0.00 | -- |
| Conversion | Class A Common Stock | 250,000 | $0.00 | -- |
| Sale | Class A Common Stock | 148,985 | $34.3189 | $5.11M |
| Sale | Class A Common Stock | 101,015 | $35.1694 | $3.55M |
| Conversion | Class A Common Stock | 62,500 | $0.00 | -- |
| Sale | Class A Common Stock | 62,500 | $34.6626 | $2.17M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
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 4, 2025 (the "Field Diversification Plan"). Represents the weighted average sale price. The lowest price at which shares were sold was $33.91 and the highest price at which shares were sold was $34.90. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $34.91 and the highest price at which shares were sold was $35.86. 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 shares are held of record by LLL Investments LLC which is associated with the Reporting Person. Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation. These shares are held by the Dylan Field 2024 Annuity Trust, of which the Reporting Person is trustee. These shares are held by the Field 2021 Descendants Trust, of which Bryn Mawr Trust Company of Delaware serves as trustee and may be replaced at the discretion of the Reporting Person.
FAQ
What insider stock activity did Figma (FIG) report for December 15, 2025?
The filing reports that Figma's President and CEO, who is also a director and 10% owner, converted Class B common stock into Class A and then sold Class A shares on December 15, 2025. The transactions include both direct holdings and shares associated with an LLC.