Figma (FIG) CFO trims stake, keeps 1.71M shares after sale
Filing Impact
Filing Sentiment
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 Trade Summary 10b5-1
Net Seller: 30,460 shares ($623,894)
Net Sell
2 txns
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)
- 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.
Key Figures
Shares sold: 30,460 shares
Weighted average sale price: $20.4824 per share
Direct holdings after sale: 1,711,526 shares
+3 more
6 metrics
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
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale, indirect ownership
4 terms
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"
FAQ
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.