FIG Figma, Inc.
Price Chart
Executive Summary
Figma insiders executed $4.41M in open-market sales over a 7-day window, led by CEO Dylan Field's $4.37M sale on May 29. The cluster also includes $886K in tax-withholding share surrenders by the CFO, CRO, CTO, and CAO, which are non-discretionary. At 0.04% of Figma's $12B market cap, the open-market sales are trivial in proportion and likely liquidity-driven, given the CEO's concurrent derivative conversion and the cluster's alignment with a common vesting/blackout window. Historical calibration shows a 25% win rate at T+20 on prior FIG reports, with a -6.51% average P&L, suggesting over-scoring risk; the proportionality check and non-informative pattern support a neutral, low-impact read.
Key Financial Metrics
Actionable Insight
The CEO's $4.37M sale is large in absolute terms but negligible relative to Figma's $12B market cap. The concurrent derivative conversion and tax-withholding cluster suggest a routine vesting/blackout window, not informed selling. No actionable bearish signal — monitor for any subsequent 8-K or earnings release that could explain the timing, but the cluster alone does not warrant a trade.
Key Facts
- CEO Dylan Field sold 174,430 shares at ~$25.02 for $4.37M on May 29, following a derivative conversion (non-cash).
- CAO Herb Tyler sold 1,850 shares at $26.40 for $48,840 on June 1.
- Tax-withholding share surrenders (non-discretionary) totaled $886K across CFO, CRO, CTO, and CAO on June 1.
- Total open-market sales of $4.41M represent ~0.04% of Figma's $12B market cap — well below the 0.1% materiality threshold.
- Director Kramer Kelly received a non-cash grant of 12,415 shares on June 2.
- Historical calibration on FIG reports shows a 25% win rate at T+20 and average P&L of -6.51%, indicating prior over-scoring.
Financial Impact
Open-market sales of $4.41M represent 0.04% of market cap — trivial. Tax-withholding surrenders of $886K are non-discretionary and carry no economic signal.
Risk Factors
- CEO selling $4.37M could be misinterpreted as bearish by retail traders, creating short-term noise.
- If a material negative event (e.g., earnings miss, guidance cut) follows within 30 days, the sale may appear prescient in hindsight.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FIG-1780607467580 |
Track record builds as more directional reports settle.
Filters
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Jun 3, 2026
3d ago
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Insider Cluster
| $22.51 $21.75 | ▼ −3.38% | ▼ −0.80% | $21.75 (−3.38%) |
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Jun 3, 2026
3d ago
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Insider Cluster
| $22.51 $21.75 | ▼ −3.38% | ▼ −0.80% | $21.75 (−3.38%) |
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Jun 3, 2026
3d ago
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Insider Cluster
| $22.51 $21.75 | ▼ −3.38% | ▼ −0.80% | $21.75 (−3.38%) |
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Jun 3, 2026
3d ago
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Insider Cluster
| $22.51 $21.75 | ▼ −3.38% | ▼ −0.80% | $21.75 (−3.38%) |
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Jun 3, 2026
3d ago
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Insider Cluster
| $22.51 $21.75 | ▲ +3.38% | ▲ +0.80% | $21.75 (+3.38%) |
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May 21, 2026
16d ago
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Insider Cluster
| $22.71 $21.96 | ▼ −3.30% | ▼ −3.89% | $21.75 (−4.23%) |
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May 20, 2026
17d ago
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Insider Cluster
| $21.59 $22.71 | ▲ +5.19% | ▲ +4.74% | $21.75 (+0.74%) |
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Feb 25, 2026
14w ago
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Insider Cluster
| $31.24 $30.22 | ▼ −3.27% | ▼ −2.72% | $21.75 (−30.38%) |
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Feb 23, 2026
14w ago
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Insider Cluster
| $24.75 $27.43 | ▲ +10.83% | ▲ +10.09% | $21.75 (−12.12%) |
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Feb 23, 2026
14w ago
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Insider Cluster
| $24.75 $27.43 | ▲ +10.83% | ▲ +10.09% | $21.75 (−12.12%) |
US Market Status
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