Figma (FIG) chief accounting officer discloses tax and 10b5-1 stock sales
Rhea-AI Filing Summary
Figma, Inc.’s chief accounting officer, who is an officer but not a director or 10% owner, reported several sales of Class A common stock. On 01/02/2026, the reporting person sold 1,222 shares at a weighted average price of $36.8967 and 1,186 shares at a weighted average price of $37.5285. On 01/05/2026, additional sales of 2,440 shares at a weighted average price of $37.0658 and 400 shares at a weighted average price of $37.695 were reported.
According to the notes, some sales on January 2 were made to cover tax withholding obligations related to vesting of restricted stock units through "sell to cover" transactions, and the January 5 sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on August 5, 2025. After these transactions, the reporting person directly beneficially owned 198,158 shares of Figma Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,440 | $37.0658 | $90K |
| Sale | Class A Common Stock | 400 | $37.695 | $15K |
| Sale | Class A Common Stock | 1,222 | $36.8967 | $45K |
| Sale | Class A Common Stock | 1,186 | $37.5285 | $45K |
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 $36.25 to $37.243, 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 $37.25 to $38.02, 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 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 $36.62 and the highest price at which shares were sold was $37.52. 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 $37.64 and the highest price at which shares were sold was $37.75. 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.
FAQ
What insider activity did Figma (FIG) report in this Form 4?
The chief accounting officer of Figma, Inc. reported multiple sales of Class A common stock on 01/02/2026 and 01/05/2026, with individual transactions of 1,222, 1,186, 2,440, and 400 shares at weighted average prices between about $36.90 and $37.70.
Did the Figma (FIG) insider use a Rule 10b5-1 trading plan?
Yes. The filing notes that the sales reported for 01/05/2026 were effected under a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2025, indicating they followed a pre-arranged schedule.
What is the relationship of the reporting person to Figma (FIG)?
The reporting person is identified as an officer of Figma, Inc., specifically serving as the company’s Chief Accounting Officer, and the Form 4 is filed for a single reporting person.