Figma, Inc.: director Radakovich Lynn Vojvodich exercised options for 20,266 shares

What happened

• Radakovich Lynn Vojvodich, a director, exercised 20,266 options on Oct 15, 2026, at $0.28 per share for a cash cost of $5,756 and acquired 20,266 shares. On the same day the filing shows sales of 3,500 shares at a weighted average price of $22.04 for $77,147 and 16,766 shares at a weighted average price of $22.75 for $381,447, for total proceeds of $458,594. The filing also includes a derivative disposition line for 20,266 shares at $0.00.

Key details

• Transaction date: Oct 15, 2026. Exercise price: $0.28 per share (total paid $5,756). Sales weighted-average prices: $22.04 (3,500 shares, $77,147) and $22.75 (16,766 shares, $381,447); total sale proceeds $458,594.
• Shares owned after the transaction: not reported in this filing.
• Footnotes: sales were made under a Rule 10b5-1 trading plan adopted May 18, 2026 (F1). F2 and F3 state the reported sale prices are weighted averages and provide lowest/highest sale price ranges ($21.38–$22.37 and $22.38–$23.05). F4 states the option is fully vested.
• Filing date: Oct 19, 2026; transaction date Oct 15, 2026, which is within the typical two-business-day Form 4 reporting window.

Why it may matter

• The filing shows the insider exercised 20,266 options and sold 20,266 shares on the same day, consistent with a cashless exercise where exercised shares were sold at once.
• Sales were executed under a 10b5-1 plan and sale prices are reported as weighted averages with ranges available in the footnotes.
• A filing does not show why the insider traded or why the company acted.