Form 4: Figma CFO Sells Shares
Insider Transaction (Form 4)
Praveer Melwani, CFO and Treasurer of Figma, Inc., sold 40,000 shares of common stock on August 4, 2026.
Summary
- Open-market sale: disposed of 2,900 Class A Common Stock at $25.44 ($73,769) on August 4, 2026; holds 1,711,644 after (Direct).
- Open-market sale: disposed of 12,900 Class A Common Stock at $26.29 ($339,195) on August 4, 2026; holds 1,698,744 after (Direct).
- Open-market sale: disposed of 24,200 Class A Common Stock at $26.96 ($652,350) on August 4, 2026; holds 1,674,544 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,065,314 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 |
|---|---|---|---|---|---|---|
| 2026-08-04 | Open-market sale | Class A Common Stock | 2,900 | $25 | $73.8K | 1,711,644 |
| 2026-08-04 | Open-market sale | Class A Common Stock | 12,900 | $26 | $339.2K | 1,698,744 |
| 2026-08-04 | Open-market sale | Class A Common Stock | 24,200 | $27 | $652.3K | 1,674,544 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-04 | Open-market sale (2,900 shares) |
| 2026-08-04 | Open-market sale (12,900 shares) |
| 2026-08-04 | Open-market sale (24,200 shares) |
Keywords
insider transaction, Form 4, FIG, Figma, Inc., bearish, Praveer Melwani
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