Form 4: Figma Executive Sells Shares
Insider Transaction (Form 4)
Brendan Mulligan, General Counsel and Secretary of Figma, Inc., sold 109,106 shares of common stock on September 3, 2026.
Summary
- Open-market sale: disposed of 64,606 Class A Common Stock at $25.73 ($1,662,009) on September 3, 2026; holds 653,911 after (Direct).
- Open-market sale: disposed of 44,500 Class A Common Stock at $26.35 ($1,172,517) on September 3, 2026; holds 609,411 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,834,526 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Brendan Mulligan — Officer (General Counsel and Secretary)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-03 | Open-market sale | Class A Common Stock | 64,606 | $26 | $1.7M | 653,911 |
| 2026-09-03 | Open-market sale | Class A Common Stock | 44,500 | $26 | $1.2M | 609,411 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-03 | Open-market sale (64,606 shares) |
| 2026-09-03 | Open-market sale (44,500 shares) |
Keywords
insider transaction, Form 4, FIG, Figma, Inc., bearish, Brendan Mulligan
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