FIG - Figma, Inc.

Insider Purchase by Reed Andrew Phillips (Dir)

1 Month
After Trade
Before Trade

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Trade Summary

1 week ago, Reed Andrew Phillips, serving as Dir at Figma, Inc. (FIG), purchased 1,466,852 shares at $24.91 per share, for a total transaction value of $36,537,073.00. Following this transaction, Reed Andrew Phillips now holds 34,004,169 shares of FIG.

This purchase represents a 5.00% increase in Reed Andrew Phillips's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, February 20, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, February 24, 2026, 4 days after the trade was made.

Figma, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Reed Andrew Phillips

Reed Andrew Phillips

Dir

Reed Andrew Phillips is a Director at Figma, Inc. (NYSE: FIG), where he has engaged in recent insider trading activities, including a significant sale of 1,709,334 shares on August 1, 2025, for approximately $53.9 million, and a purchase of 60,000 shares on the same date for $1.98 million[[1]](https://www.insiderinsights.com/insider/1990997/reed-andrew-phillips)[[3]](https://www.marketbeat.com/stocks/NYSE/FIG/insider-trades/)[[4]](https://www.quiverquant.com/insiders/1990997/Andrew-Phillips-Reed). His estimated net worth from Figma holdings is at least $59.4 million as of late 2025, with current ownership of about 145,329 shares valued at roughly $7.5 million, following multiple trades since 2021[[2]](https://www.gurufocus.com/insider/268926/andrew-phillips-reed)[[4]](https://www.quiverquant.com/insiders/1990997/Andrew-Phillips-Reed). Phillips signed key corporate documents for Figma, such as resale exhibits in August 2025, underscoring his active board involvement[[5]](https://www.sec.gov/Archives/edgar/data/1579878/000157987825000016/figma-resalesx8.htm)[[6]](https://content.edgar-online.com/ExternalLink/EDGAR/0001579878-25-000016.html?hash=3133e4bad4fd822084dda22b74bc85bf46619dbce4129d8e57476db9f86c2bd0&dest=exhibit31-resalesx8_htm). Specific details on his career background or education are not available in public insider trading records, which primarily document his role and transactions at the collaborative design software company[[1]](https://www.insiderinsights.com/insider/1990997/reed-andrew-phillips)[[3]](https://www.marketbeat.com/stocks/NYSE/FIG/insider-trades/).

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Trade Price

$24.91

Quantity

1,466,852

Total Value

$36,537,073.00

Shares Owned

34,004,169

Trade Date

Friday, February 20, 2026

7 days ago

SEC Filing Date

Tuesday, February 24, 2026

Filed 4 days after trade

TECHNOLOGYSOFTWARE - APPLICATION

About Figma, Inc.

Company Overview

No company information available
View news mentioning FIG

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