FIG Figma, Inc.

NEUTRAL Impact: 3/10 Insider Cluster (8 insiders)
Horizon days Filed Jun 3, 2026 Processed 10d 9h ago
Insider cluster: 2 insiders, $4.4M total
Latest settled — T+1d ⚠ clustered
FIG ▼ -3.38% at T+1d
NEUTRAL call ✗ call lost -3.38% · α vs SPY -0.80% · entry $22.51 → $21.75
Next anchor: T+5d due 5d ago
Last close $18.54 (close Jun 12) · -17.64% from $22.51 entry
Entry anchored
Jun 3, 03:59 PM ET
via Databento tick
T+1d
-3.38%
call -3.38% · α -0.80%
$21.75
settled 11d ago
T+5d
call — · α —
due 5d ago
T+20d
call — · α —
in 17d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

FIG CEO Dylan Field sold $4.37M of stock via converted derivatives in a SELL-dominated cluster, totaling $4.41M. At $12B market cap this is only ~0.04% of equity — trivial on a proportionality basis — and includes non-cash grants to 6 directors. The CEO sale followed a derivative conversion; the CAO's $49K sell is routine. The cluster does not signal material bearish information.

Key Financial Metrics

Direction
selling
Total Value
$4.4M
Insiders
8

Actionable Insight

The CEO's sale is a routine post-derivative-conversion transaction; the dollar amount is trivial relative to market cap. Historical calibration suggests cluster reports on FIG have a weak negative T+20 alpha (-6.5% avg) but with only 25% win rate — past neutral calls underperformed. No immediate action warranted.

Key Facts

  • Dylan Field (CEO) sold 174,430 shares on 2026-05-29 at ~$25.02, grossing $4.37M after converting derivatives (non-cash).
  • CAO Herb Tyler sold 1,850 shares on 2026-06-01 at $26.40 for $49K.
  • Six directors received grants of 12,415 shares each at $0 — non-cash compensation awards.
  • Total cluster value $4.41M, representing ~0.04% of $12B market cap — below the 0.1% materiality threshold.
  • C-suite officers surrendered shares for tax withholding (F transactions) totaling $886K — non-discretionary.

Financial Impact

No material financial impact. CEO open-market sale of $4.37M is 0.04% of $12B market cap.

dilutioninsider ownership

Risk Factors

  • CEO Field now owns fewer shares post-sale; a pattern of future sales would increase scrutiny.
  • Despite low proportionality, consistent insider selling ahead of any negative catalyst would be bearish.

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
35% bullish (17 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-FIG-1780617497117
14 reports for FIG
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for FIG — sortable, filterable
Type Now
Jun 11, 2026
3d ago
Institutional Cluster
NEUTRAL ★ 3/10
$19.90 awaiting T+1awaiting T+1$18.54 (−6.83%)
Jun 3, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$22.51 $21.75▼ −3.38%▼ −0.80%$18.54 (−17.64%)
Jun 3, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$22.51 $21.75▼ −3.38%▼ −0.80%$18.54 (−17.64%)
Jun 3, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$22.51 $21.75▼ −3.38%▼ −0.80%$18.54 (−17.64%)
Jun 3, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$22.51 $21.75▼ −3.38%▼ −0.80%$18.54 (−17.64%)
Jun 3, 2026
11d ago
Insider Cluster
BEARISH ★ 5/10
$22.51 $21.75▲ +3.38%▲ +0.80%$18.54 (+17.64%)
May 21, 2026
24d ago
Insider Cluster
NEUTRAL ★ 4/10
$22.71 $21.96▼ −3.30%▼ −3.89%$18.54 (−18.36%)
May 20, 2026
25d ago
Insider Cluster
NEUTRAL ★ 3/10
$21.59 $22.71▲ +5.19%▲ +4.74%$18.54 (−14.13%)
Feb 25, 2026
15w ago
Insider Cluster
NEUTRAL ★ 3/10
$31.24 $30.22▼ −3.27%▼ −2.72%$18.54 (−40.65%)
Feb 23, 2026
16w ago
Insider Cluster
MIXED ★ 5/10
$24.75 $27.43▲ +10.83%▲ +10.09%$18.54 (−25.09%)
Showing 10 of 14

US Market Status

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