STOCK TITAN

Figma (FIG) CFO trims stake, keeps 1.71M shares after sale

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

Rhea-AI Filing Summary

Figma, Inc. CFO and Treasurer Praveer Melwani sold 30,460 shares of Class A Common Stock in an open-market transaction. The shares were sold on July 6, 2026 at a weighted average price of $20.4824 per share, with individual sale prices ranging from $20.25 to $20.65.

The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on August 5, 2025. Following the transaction, Melwani holds 1,711,526 Class A shares directly and an additional 118,363 shares indirectly through APM33, LLC, where he is a manager.

Positive

  • None.

Negative

  • None.
Insider Melwani Praveer
Role CFO and Treasurer
Sold 30,460 shs ($624K)
Type Security Shares Price Value
Sale Class A Common Stock 30,460 $20.4824 $624K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 1,711,526 shares (Direct, null); Class A Common Stock — 118,363 shares (Indirect, By APM33, LLC)
Footnotes (1)
  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 $20.25 and the highest price at which shares were sold was $20.65. 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 securities are held by APM33, LLC, of which the Reporting Person is a manager.
Shares sold 30,460 shares Open-market sale of Class A Common Stock on July 6, 2026
Weighted average sale price $20.4824 per share Open-market sale range $20.25–$20.65
Direct holdings after sale 1,711,526 shares Class A Common Stock held directly by CFO after the transaction
Indirect holdings via APM33, LLC 118,363 shares Class A Common Stock held indirectly through APM33, LLC
Lowest sale price $20.25 per share Lowest price within reported trading range
Highest sale price $20.65 per share Highest price within reported trading range
Rule 10b5-1 trading plan financial
"sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares were sold"
open-market sale financial
"transaction_action is described as an open-market sale of Class A Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"These securities are held by APM33, LLC, of which the Reporting Person is a manager"
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FAQ

How many Figma (FIG) shares did CFO Praveer Melwani sell?

CFO Praveer Melwani sold 30,460 shares of Figma Class A Common Stock. The transaction was an open-market sale on July 6, 2026, according to the Form 4 insider trading report.

What price did Figma (FIG) CFO receive for the shares sold?

The shares were sold at a weighted average price of $20.4824 per share. Individual sale prices ranged from $20.25 to $20.65, as disclosed in the Form 4 footnotes.

Was the Figma (FIG) CFO’s share sale made under a Rule 10b5-1 plan?

Yes. The Form 4 states the sale was made under a Rule 10b5-1 trading plan adopted on August 5, 2025, indicating the trades were pre-scheduled rather than timed discretionarily.

How many Figma (FIG) shares does CFO Praveer Melwani own after this sale?

After the transaction, Melwani holds 1,711,526 shares directly of Class A Common Stock. He also has an indirect holding of 118,363 shares through APM33, LLC, where he is a manager.

What is APM33, LLC’s role in Figma (FIG) CFO Praveer Melwani’s holdings?

APM33, LLC holds 118,363 Figma Class A shares reported as an indirect holding for Melwani. A footnote explains these securities are held by APM33, LLC, of which he is a manager.

What does the weighted average sale price mean in the Figma (FIG) Form 4?

The Form 4 notes the reported $20.4824 is a weighted average sale price. Shares were sold at multiple prices between $20.25 and $20.65, with detailed breakdowns available on request to regulators or the company.
SEC Form 4
FORM 4UNITED 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*
Melwani Praveer

(Last)(First)(Middle)
C/O FIGMA, INC.
760 MARKET STREET, FLOOR 10

(Street)
SAN FRANCISCO CALIFORNIA 94102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO and Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/06/2026S(1)30,460D$20.4824(2)1,711,526D
Class A Common Stock118,363IBy APM33, LLC(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Represents the weighted average sale price. The lowest price at which shares were sold was $20.25 and the highest price at which shares were sold was $20.65. 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.
3. These securities are held by APM33, LLC, of which the Reporting Person is a manager.
/s/ Brendan Mulligan, Attorney-in-Fact07/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)