Form 4: Figma Executive Sells Shares
Insider Transaction (Form 4)
Brendan Mulligan, General Counsel and Secretary of Figma, Inc., sold 20,701 shares of common stock on October 5, 2026 for $21.74 per share.
Summary
- Open-market sale: disposed of 20,701 Class A Common Stock at $21.74 ($449,990) on October 5, 2026; holds 579,274 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $449,990 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 |
|---|---|---|---|---|---|---|
| 2026-10-05 | Open-market sale | Class A Common Stock | 20,701 | $22 | $450.0K | 579,274 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-05 | Open-market sale (20,701 shares) |
Keywords
insider transaction, Form 4, FIG, Figma, Inc., bearish, Brendan Mulligan
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