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  4. [Form 4] Figma, Inc. Insider Trading Activity

Figma (FIG) CRO exercises 417,795 options; holds 1,617,326 shares

Figma (FIG) insider activity: On 11/10/2025, the Chief Revenue Officer exercised 417,795 stock options at $23.193 and executed multiple open-market sales under a Rule 10b5-1 trading plan adopted on August 6, 2025.

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Figma (FIG) insider activity: On 11/10/2025, the Chief Revenue Officer exercised 417,795 stock options at $23.193 and executed multiple open-market sales under a Rule 10b5-1 trading plan adopted on August 6, 2025. Several sales were reported at weighted average prices, including $42.9221, $43.6428, and $44.6589. Part of the sales covered the option exercise price and tax withholding obligations. Following these transactions, the officer directly owned 1,617,326 Class A shares.

Positive

  • None.

Negative

  • None.
Insider Voskanian Shaunt
Role Chief Revenue Officer
Sold 403,335 shs ($17.50M)
Approx. gross sale proceeds $17.50M
Approx. exercise cost $9.69M
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 417,795 $0.00 $0.00
Exercise Class A Common Stock 417,795 $23.193 $9.69M
Sale Class A Common Stock 162,183 $42.9221 $6.96M
Sale Class A Common Stock 145,641 $43.6428 $6.36M
Sale Class A Common Stock 8,800 $44.6589 $393K
Sale Class A Common Stock 30,265 $42.9553 $1.30M
Sale Class A Common Stock 37,678 $43.8431 $1.65M
Sale Class A Common Stock 18,768 $44.6253 $838K
Holdings After Transaction: Stock Option (Right to Buy) — 0 contracts (Direct); Class A Common Stock — 1,617,326 shares (Direct)
Footnotes (10)
  1. F1. The sales reported in this line item represent shares sold by the Reporting Person to cover the exercise price and tax withholding obligations in connection with the exercise of stock options previously granted to the Reporting Person. The sales do not represent discretionary transactions by the Reporting Person.
  2. F2. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 6, 2025.
  3. F3. Represents the weighted average sale price. The lowest price at which shares were sold was $42.29 and the highest price at which shares were sold was $43.285. 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.
  4. F4. Represents the weighted average sale price. The lowest price at which shares were sold was $43.29 and the highest price at which shares were sold was $44.27. 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.
  5. F5. Represents the weighted average sale price. The lowest price at which shares were sold was $44.30 and the highest price at which shares were sold was $44.72. 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.
  6. F6. Represents the weighted average sale price. The lowest price at which shares were sold was $42.34 and the highest price at which shares were sold was $43.33. 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.
  7. F7. Represents the weighted average sale price. The lowest price at which shares were sold was $43.34 and the highest price at which shares were sold was $44.33. 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.
  8. F8. Represents the weighted average sale price. The lowest price at which shares were sold was $44.35 and the highest price at which shares were sold was $44.72. 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.
  9. F9. The option is fully vested.
  10. F10. The award will expire upon the earlier of (a) August 21, 2029 and (b) the date that is one year following the Issuer's IPO.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Figma (FIG) disclose in this Form 4?
The Chief Revenue Officer exercised 417,795 stock options at $23.193 and reported multiple sales on 11/10/2025.

Were the FIG insider sales discretionary?
The filing states some sales were to cover the exercise price and tax withholding obligations, and transactions were made under a Rule 10b5-1 plan adopted on August 6, 2025.

What prices were the FIG shares sold at?
Weighted average sale prices reported include $42.9221, $43.6428, and $44.6589, with detailed price ranges provided in the footnotes.

How many Figma shares does the officer hold after the transactions?
Following the reported transactions, the officer directly owned 1,617,326 Class A shares.

What was the transaction date for the FIG insider trades?
All reported transactions occurred on 11/10/2025.

What role does the reporting person hold at Figma?
The reporting person is an officer, serving as Chief Revenue Officer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
 Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Voskanian Shaunt
(Last) (First) (Middle)
C/O FIGMA, INC.
760 MARKET STREET, FLOOR 10
(Street)
SAN FRANCISCO CA 94102
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/10/2025 M 417,795 A $23.193 2,020,661 D
Class A Common Stock 11/10/2025 S(1)(2) 162,183 D $42.9221(3) 1,858,478 D
Class A Common Stock 11/10/2025 S(1)(2) 145,641 D $43.6428(4) 1,712,837 D
Class A Common Stock 11/10/2025 S(1)(2) 8,800 D $44.6589(5) 1,704,037 D
Class A Common Stock 11/10/2025 S(2) 30,265 D $42.9553(6) 1,673,772 D
Class A Common Stock 11/10/2025 S(2) 37,678 D $43.8431(7) 1,636,094 D
Class A Common Stock 11/10/2025 S(2) 18,768 D $44.6253(8) 1,617,326 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $23.193 11/10/2025 M 417,795 (9) (10) Class A Common Stock 417,795 $0 0 D
Explanation of Responses:
1. The sales reported in this line item represent shares sold by the Reporting Person to cover the exercise price and tax withholding obligations in connection with the exercise of stock options previously granted to the Reporting Person. The sales do not represent discretionary transactions by the Reporting Person.
2. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 6, 2025.
3. Represents the weighted average sale price. The lowest price at which shares were sold was $42.29 and the highest price at which shares were sold was $43.285. 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.
4. Represents the weighted average sale price. The lowest price at which shares were sold was $43.29 and the highest price at which shares were sold was $44.27. 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.
5. Represents the weighted average sale price. The lowest price at which shares were sold was $44.30 and the highest price at which shares were sold was $44.72. 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.
6. Represents the weighted average sale price. The lowest price at which shares were sold was $42.34 and the highest price at which shares were sold was $43.33. 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.
7. Represents the weighted average sale price. The lowest price at which shares were sold was $43.34 and the highest price at which shares were sold was $44.33. 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.
8. Represents the weighted average sale price. The lowest price at which shares were sold was $44.35 and the highest price at which shares were sold was $44.72. 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.
9. The option is fully vested.
10. The award will expire upon the earlier of (a) August 21, 2029 and (b) the date that is one year following the Issuer's IPO.
/s/ Brendan Mulligan, Attorney-in-Fact 11/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

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