Form 4: Figma CFO Sells Over 23,000 Shares Under 10b5-1 Plan

Figma, Inc.'s CFO and Treasurer, Praveer Melwani, sold a total of 23,851 Class A Common Stock shares through pre-arranged trading plans.

Summary

• Praveer Melwani, CFO and Treasurer of Figma, Inc., sold a total of 23,851 shares of Class A Common Stock.
• The sales were executed on December 22, 2025, at a weighted average price of $40.0131 per share, with prices ranging from $40.00 to $40.16.
• 12,714 shares were sold directly by Mr. Melwani.
• An additional 11,137 shares were sold indirectly through APM33, LLC, an entity where Mr. Melwani serves as a manager.
• Both sales were conducted under Rule 10b5-1 trading plans, which were adopted on August 5, 2025.
• Following these transactions, Mr. Melwani directly beneficially owns 1,578,425 shares and indirectly owns 118,363 shares through APM33, LLC.

Sentiment

Score: 5

Explanation: The sale of shares by the CFO is a neutral event as it was conducted under a pre-arranged 10b5-1 trading plan, which is a common practice for executive financial planning and diversification.

Positives

• The sales were conducted under pre-arranged Rule 10b5-1 trading plans, indicating a planned and orderly disposition of shares rather than an immediate reaction to new information.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived by the market as a lack of confidence, though this is mitigated by the pre-planned nature.

Future Outlook

NA

Industry Context

This transaction is a routine insider stock sale under a pre-arranged 10b5-1 plan, common among executives for personal financial planning and diversification. It does not inherently reflect on Figma's operational performance or broader industry trends, which would typically be disclosed in earnings reports or other filings.

Related Party Transactions

• Sale of 11,137 shares by APM33, LLC, an entity where the reporting person, Praveer Melwani, is a manager.

Stakeholder Impact

• Shareholders: May observe a slight increase in available shares on the market, but the impact is generally minimal due to the pre-planned nature of the sale.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Recommendation

The filing details a routine, pre-scheduled insider stock sale by the CFO under a 10b5-1 plan. Such transactions are typically for personal financial management and do not usually signal a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this information. Investors should hold and look to broader company performance and market conditions for investment decisions.

Keywords

Figma, FIG, Praveer Melwani, CFO, insider trading, stock sale, Form 4, 10b5-1 plan, equity transaction, beneficial ownership