Form 4: Figma CFO Sells Shares
Insider Transaction (Form 4)
Praveer Melwani, CFO and Treasurer of Figma, Inc., sold 381,288 shares of common stock on July 29, 2026 for $25.13 per share.
Summary
- Option exercise/conversion: acquired 395,478 Class A Common Stock at $23.19 ($9,172,321) on July 29, 2026; holds 2,107,004 after (Direct).
- Open-market sale: disposed of 381,288 Class A Common Stock at $25.13 ($9,581,424) on July 29, 2026; holds 1,725,716 after (Direct).
- Option exercise/conversion: disposed of 395,478 Stock Option (Right to Buy) on July 29, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $9,581,424 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Praveer Melwani — Officer (CFO and Treasurer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-29 | Option exercise/conversion | Class A Common Stock | 395,478 | $23 | $9.2M | 2,107,004 |
| 2026-07-29 | Open-market sale | Class A Common Stock | 381,288 | $25 | $9.6M | 1,725,716 |
| 2026-07-29 | Option exercise/conversion | Stock Option (Right to Buy) | 395,478 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-29 | Option exercise/conversion (395,478 shares) |
| 2026-07-29 | Open-market sale (381,288 shares) |
| 2026-07-29 | Option exercise/conversion (395,478 shares) |
Keywords
insider transaction, Form 4, FIG, Figma, Inc., bearish, Praveer Melwani
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