Form 4: Figma General Counsel Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Figma's General Counsel, Brendan Mulligan, sold a total of 4,392 shares of Class A Common Stock on December 15, 2025, under a pre-arranged trading plan.
Summary
- Brendan Mulligan, General Counsel and Secretary of Figma, Inc. (FIG), reported the sale of Class A Common Stock.
- The transactions occurred on December 15, 2025.
- A total of 2,944 shares were sold at a weighted average price of $34.3616 per share, with individual sales ranging from $34.05 to $35.03.
- An additional 1,448 shares were sold at a weighted average price of $35.2483 per share, with individual sales ranging from $35.095 to $35.80.
- These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Mulligan on August 5, 2025.
- Following these transactions, Mr. Mulligan beneficially owns 881,512 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is generally considered neutral in terms of company sentiment.
Future Outlook
This filing is a disclosure of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details a routine insider stock transaction for Figma's General Counsel, which is a standard disclosure requirement for publicly traded companies. It does not provide broader industry context or competitive analysis.
Stakeholder Impact
- Shareholders: The sale is a routine insider transaction under a pre-arranged plan, which typically has minimal impact on shareholder perception or company valuation.
Key Dates
| Date | Description |
|---|---|
| 08/05/2025 | Date Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 12/15/2025 | Date of reported stock transactions (sales). |
| 12/17/2025 | Date the Form 4 was signed by the Reporting Person. |
Keywords
Figma, FIG, Form 4, Insider Trading, Stock Sale, Brendan Mulligan, General Counsel, 10b5-1 Plan
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