Form 4: Figma CRO Shaunt Voskanian Executes Stock Sale
Statement of Changes in Beneficial Ownership
Chief Revenue Officer Shaunt Voskanian sold 87,510 shares of Figma Class A Common Stock via a pre-arranged 10b5-1 plan.
Summary
- Shaunt Voskanian, Chief Revenue Officer of Figma, Inc., sold a total of 87,510 shares of Class A Common Stock on June 3, 2026.
- The transactions were executed in two tranches: 67,229 shares at a weighted average price of $22.7479 and 20,281 shares at a weighted average price of $23.8859.
- Following these transactions, the reporting person retains beneficial ownership of 1,781,380 shares.
- The sales were conducted pursuant to a Rule 10b5-1 trading plan adopted on August 6, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted through a pre-planned, automated trading program.
Positives
- The sale was executed under a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell stock without triggering insider trading concerns.
Negatives
- The transaction represents a divestment of equity by a key member of the executive leadership team.
Risks
- Continued executive selling may be perceived by the market as a lack of confidence in future share price appreciation.
Future Outlook
No forward-looking guidance regarding company performance was provided in this filing.
Industry Context
StockSavvy.ai notes that executive stock sales under 10b5-1 plans are routine corporate governance events and generally do not signal fundamental changes in company strategy or operational health.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is the industry standard for C-suite executives to manage personal liquidity while maintaining regulatory compliance.
Stakeholder Impact
- Shareholders should note the reduction in insider holdings, though the volume is relatively small compared to the total remaining stake.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 2025-08-06 | Date the Rule 10b5-1 trading plan was adopted. |
| 2026-06-03 | Date of the reported stock transactions. |
| 2026-06-05 | Date the Form 4 was filed with the SEC. |
Keywords
Figma, Insider Trading, Form 4, Chief Revenue Officer, Equity Sale, 10b5-1
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