Insider Sale by Melwani Praveer (CFO and Treasurer)
Trade Summary
6 days ago, Melwani Praveer, serving as CFO and Treasurer at Figma, Inc. (FIG), sold 381,288 shares at $25.13 per share, for a total transaction value of $9,581,424.28. Following this transaction, Melwani Praveer now holds 1,725,716 shares of FIG.
This sale represents a 18.10% decrease in Melwani Praveer's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, July 29, 2026 and publicly disclosed via SEC Form 4 filing on Saturday, August 1, 2026 (accepted Jul 31, 8:02 PM ET), 3 days after the trade was made.
Figma, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$25.13
Quantity
381,288
Total Value
$9,581,424.28
Shares Owned
1,725,716
Trade Date
6 days ago
SEC Filing Date
(accepted Jul 31, 8:02 PM ET)
Filed 3 days after trade
Discussion