Figma (FIG) Chief Revenue Officer discloses planned sales and sell-to-cover trades
Rhea-AI Filing Summary
Figma, Inc.'s Chief Revenue Officer reports share sales and tax-related trades. A Form 4 filing shows the officer, serving as Chief Revenue Officer, executed several sales of Class A Common Stock on 01/02/2026 and 01/05/2026.
On these dates, shares were sold at weighted average prices including $36.8967, $37.5285, $37.0154 and $37.8886 per share. One line of sales is described as covering tax withholding obligations from the vesting and settlement of restricted stock units through a "sell to cover" transaction, which the filing notes does not represent discretionary trades.
The filing also states that certain sales on 01/05/2026 were effected under a Rule 10b5-1 trading plan adopted on August 6, 2025. After the reported transactions, the officer beneficially owned 1,592,563 shares of Figma Class A Common Stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,249 | $37.0154 | $231K |
| Sale | Class A Common Stock | 2,200 | $37.8886 | $83K |
| Sale | Class A Common Stock | 1,997 | $36.8967 | $74K |
| Sale | Class A Common Stock | 1,936 | $37.5285 | $73K |
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 6, 2025. Represents the weighted average sale price. The lowest price at which shares were sold was $36.39 and the highest price at which shares were sold was $37.37. 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 $37.44 and the highest price at which shares were sold was $38.43. 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) disclose in this Form 4?
The filing reports that Figma, Inc.'s Chief Revenue Officer sold shares of Class A Common Stock on 01/02/2026 and 01/05/2026, with the transactions reported as open-market sales at specified weighted average prices.
Did the Figma (FIG) insider use a Rule 10b5-1 trading plan?
Yes. The filing states that certain sales reported for 01/05/2026 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2025.
What role does the reporting person hold at Figma (FIG)?
The reporting person is identified as an Officer of Figma, Inc., serving in the role of Chief Revenue Officer, and the Form 4 is filed as a single reporting person filing.