Form 4: Figma CRO Sells Shares Under 10b5-1 Plan

Figma's Chief Revenue Officer, Shaunt Voskanian, sold 6,305 shares of Class A Common Stock on December 3, 2025, as part of a pre-arranged Rule 10b5-1 trading plan.

Summary

• Shaunt Voskanian, Chief Revenue Officer of Figma, Inc., sold a total of 6,305 shares of Class A Common Stock.
• The sales occurred on December 3, 2025.
• 2,560 shares were sold at a weighted average price of $36.0728, with prices ranging from $35.55 to $36.42.
• An additional 3,745 shares were sold at a weighted average price of $37.0874, with prices ranging from $36.55 to $37.49.
• These transactions were executed under a Rule 10b5-1 trading plan adopted by Mr. Voskanian on August 6, 2025.
• Following these sales, Mr. Voskanian beneficially owns 1,604,945 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral. While an insider sale typically carries a slightly negative connotation, the fact that it was executed under a pre-arranged 10b5-1 plan mitigates concerns about it being a discretionary sale based on new, negative information. It's a routine portfolio management action.

Positives

• The sales were conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled, non-discretionary transaction rather than a reaction to new, negative information.

Negatives

• An insider sale, even if planned, reduces the insider's direct equity stake in the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction and does not provide broader industry context. It reflects an individual executive's portfolio management rather than a company-wide strategic move or industry trend.

Stakeholder Impact

• Shareholders: The sale slightly reduces the direct alignment of the Chief Revenue Officer's personal wealth with the company's stock performance, though the remaining significant holding of 1,604,945 shares still indicates substantial alignment.

Key Dates

Recommendation

This Form 4 filing reports a routine, pre-scheduled insider stock sale by Figma's Chief Revenue Officer under a 10b5-1 plan. Such transactions are typically for personal financial planning and diversification, not an indication of a change in the company's fundamental prospects. Therefore, it does not provide new information that would warrant a change in investment recommendation. Investors should continue to hold based on their existing analysis of Figma's business fundamentals and market position.

Keywords

Figma, FIG, Insider Trading, Form 4, Shaunt Voskanian, Chief Revenue Officer, Stock Sale, 10b5-1 Plan, Equity Transaction