Voskanian Shaunt 4
Research Summary
AI-generated summary
Figma (FIG) CRO Shaunt Voskanian Sells 87,510 Shares
What Happened Shaunt Voskanian, Chief Revenue Officer of Figma, sold a total of 87,510 shares on June 3, 2026, in two open-market/private-sale transactions. The first sale was 67,229 shares at $22.75 per share (reported proceeds $1,529,319; weighted-price range reported $22.32–$23.23). The second sale was 20,281 shares at $23.89 per share (reported proceeds $484,430; weighted-price range reported $23.48–$23.90). Total reported proceeds for both sales were $2,013,749. These were sales (not purchases), which are often routine dispositions rather than a bullish signal.
Key Details
- Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (timely filing).
- Trade type: Sale(s) — open market or private sale (code S).
- Shares sold: 67,229 @ ~$22.75 ($1,529,319) and 20,281 @ ~$23.89 ($484,430); total 87,510 shares for ~$2,013,749.
- Footnotes: F1 — sales were effected under a Rule 10b5-1 trading plan adopted Aug 6, 2025. F2/F3 — reported weighted-average prices with disclosed low/high price ranges and offer to provide full breakdown on request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Not marked late; filed two days after the transactions.
Context
- 10b5-1 plan: Trades under an established 10b5-1 plan are pre-arranged and can limit the insight into an insider’s current view of the company; they are commonly used to systematically sell shares.
- For retail investors: Sales are informational but not as signal-rich as insider purchases. This filing documents the disposition and compliance with reporting rules; it does not explain motivation.