Figma (FIG) General Counsel discloses 10b5-1 stock sales on Dec. 15, 2025
Rhea-AI Filing Summary
Figma, Inc. officer Brendan Mulligan, the company’s General Counsel and Secretary, reported sales of Class A common stock. On 12/15/2025, he sold 2,944 shares at a weighted average price of $34.3616 per share and 1,448 shares at a weighted average price of $35.2483 per share.
The disclosure states these transactions were effected under a Rule 10b5-1 trading plan adopted on August 5, 2025. After the reported sales, Mulligan directly beneficially owned 881,512 shares of Figma Class A common stock. The price ranges for the sales were $34.05 to $35.03 for the first trade and $35.095 to $35.80 for the second.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,944 | $34.3616 | $101K |
| Sale | Class A Common Stock | 1,448 | $35.2483 | $51K |
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 $34.05 and the highest price at which shares were sold was $35.03. 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 $35.095 and the highest price at which shares were sold was $35.80. 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 stock transactions did Figma (FIG) report on this Form 4?
The filing reports that Brendan Mulligan, Figma’s General Counsel and Secretary, sold 2,944 and 1,448 shares of Class A common stock on 12/15/2025 in open-market transactions.
Was the Figma (FIG) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2025, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
What is Brendan Mulligan’s role at Figma (FIG)?
The reporting person is an officer of Figma, serving as General Counsel and Secretary, as indicated in the relationship section of the disclosure.
Is this Figma (FIG) Form 4 filed by more than one reporting person?
No. The document indicates that it is a Form filed by one reporting person, not a joint or group filing.