Voskanian Shaunt 4
Research Summary
AI-generated summary
Figma (FIG) CRO Shaunt Voskanian Sells Shares
What Happened
Shaunt Voskanian, Chief Revenue Officer of Figma, sold a total of 3,828 shares on February 2, 2026 in two block-trade transactions. He disposed of 1,640 shares at a weighted-average price of $24.36 (proceeds $39,947) and 2,188 shares at a weighted-average price of $25.24 (proceeds $55,226), for combined proceeds of about $95,173. These sales were reported on a Form 4 filed February 4, 2026.
Key Details
- Transaction dates: February 2, 2026; Form 4 filed February 4, 2026 (appears timely within the 2-business-day rule).
- Sale details:
- 1,640 shares sold @ weighted avg $24.36 (block trade prices in range $23.99–$24.9861) — $39,947 proceeds. (Footnote F2)
- 2,188 shares sold @ weighted avg $25.24 (block trade prices in range $24.99–$25.67) — $55,226 proceeds. (Footnote F3)
- Total shares sold: 3,828; total proceeds: ~$95,173.
- Footnote F1: These sales were "sell-to-cover" transactions to satisfy tax withholding on RSU vesting and were not discretionary trades by the reporting person.
- Shares owned after the transactions: not specified in the details provided.
Context
These were sales (not purchases) and were executed as part of block trades for multiple holders and to cover tax obligations on vested restricted stock units — a common, routine insider action that does not necessarily signal the insider's view of the company's prospects. The filing appears timely based on the provided dates.