Voskanian Shaunt 4
Research Summary
AI-generated summary
Figma (FIG) CRO Shaunt Voskanian Sells 11,219 Shares
What Happened
Shaunt Voskanian, Chief Revenue Officer of Figma (FIG), sold 11,219 shares on July 14, 2026. The weighted average sale price was $23.92 per share (range $23.90–$23.95), for total proceeds of approximately $268,374. This was a sale (not a purchase), which is commonly a routine liquidity action by insiders.
Key Details
- Transaction date: July 14, 2026; Form 4 filed July 16, 2026 (appears timely).
- Type: Sale (open market or private sale) — reported as code "S".
- Shares sold: 11,219; weighted average price: $23.92; low/high prices: $23.90 / $23.95.
- Total proceeds reported: $268,374 (approx.).
- Footnotes: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted August 6, 2025 (F1). F2 notes the weighted-average price and provides the low/high price range and offers to disclose quantities at each price on request.
- Shares owned after the transaction: Not disclosed in this filing.
Context
Sales under a pre-established 10b5-1 plan are scheduled trades that insiders adopt to avoid accusations of trading on material nonpublic information; they do not necessarily indicate a change in the insider's view of the company. For retail investors, purchases often carry more informational weight than routine sales; this filing documents a planned liquidity event rather than an acquisition signal.