Form 4: Figma CFO Sells Over 37,000 Shares in Pre-Planned Transactions

Figma, Inc.'s CFO and Treasurer, Praveer Melwani, reported the sale of 37,532 Class A Common Stock shares through pre-arranged Rule 10b5-1 trading plans.

Summary

• Praveer Melwani, Figma, Inc.'s CFO and Treasurer, reported multiple sales of Class A Common Stock.
• On November 10, 2025, Melwani directly sold 14,532 shares at a price of $43.4662 per share.
• Also on November 10, 2025, APM33, LLC, an entity where Melwani is a manager, sold a total of 13,000 shares across three separate transactions.
• These indirect sales by APM33, LLC occurred at weighted average prices of $42.9717 (6,193 shares), $43.7747 (5,532 shares), and $44.4906 (1,275 shares).
• On November 12, 2025, Melwani directly sold an additional 10,000 shares at a price of $45.00 per share.
• All reported sales were executed pursuant to Rule 10b5-1 trading plans adopted on August 5, 2025.
• Following these transactions, Melwani directly beneficially owns 1,612,918 Class A Common Stock shares.
• APM33, LLC, indirectly beneficially owns 129,500 Class A Common Stock shares after these transactions.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports routine insider stock sales executed under pre-arranged 10b5-1 trading plans, which are common for executives and do not necessarily indicate a change in management's view of the company's prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Insider transactions, particularly sales, are a routine part of executive compensation and personal financial planning. When executed under a Rule 10b5-1 plan, they are pre-scheduled and generally do not reflect new discretionary decisions based on recent non-public information, which can mitigate negative market interpretations often associated with insider selling.

Related Party Transactions

• Sales of Class A Common Stock by APM33, LLC, an entity of which the reporting person, Praveer Melwani, is a manager.

Stakeholder Impact

• Shareholders may observe a reduction in the direct and indirect beneficial ownership of a key executive, which is a common occurrence for compensation and personal financial planning, especially when executed under a Rule 10b5-1 plan.

Key Dates

Keywords

Figma, FIG, Praveer Melwani, CFO, Insider Sale, Stock Transaction, Form 4, Rule 10b5-1, Equity Sales