Insider Cluster (3 insiders) ·Filed Feb 23, 2026

FIG

Figma, Inc.
NEUTRAL
Impact 4/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $2.6M total
Actionable Insight • Neutral

Monitor for follow-up trades by executives; current activity is within normal range and not yet a red flag given the modest size relative to market cap.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
FIG ▼ -1.58% at T+60d
NEUTRAL call ✗ call lost -1.58% · α vs SPY -9.83% · entry $24.75 → $24.36
Entry anchored
Feb 20, 04:56 PM ET
via exchange tick
T+1d
+10.83%
call +10.83% · α +10.09%
$27.43
settled 7mo ago
T+5d
+18.34%
call +18.34% · α +17.73%
$29.29
settled 7mo ago
T+20d
-6.26%
call -6.26% · α -2.32%
$23.20
settled 7mo ago
T+60d
-1.58%
call -1.58% · α -9.83%
$24.36
settled 5mo ago

Price Chart

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Executive Summary

A recent insider trading cluster at Figma shows a CTO selling $1.54M in shares, while a non-executive insider bought $1.01M. The majority of reported activity consists of non-cash transactions with $0 value, indicating routine equity adjustments rather than meaningful market moves.

Key Financial Metrics

Direction
selling
Total Value
$2.6M
Insiders
3

Key Facts

  • Chief Technology Officer Kris Rasmussen sold $1,541,017 in open-market transactions on 2026-02-25.
  • Another insider purchased $1,014,583 in shares on 2026-02-23.
  • A large block of 4,763,981 shares was reported at $0 value, indicating non-cash activity such as grants, awards, or tax withholding.
  • Total open-market transaction value in the cluster is $2.56M over 7 days.

Financial Impact

$1.54M in open-market selling by CTO partially offset by $1.01M in buying from another insider

insider ownershipmarket sentiment

Risk Factors

  • Executive selling could signal reduced confidence if it continues in next filings.
  • Non-cash transactions may obscure underlying equity changes, requiring deeper Form 4 analysis.

Market Snapshot

Exchange
NYSE

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-FIG-1772233109782
24 reports for FIG
Performance horizon
80% Hit rate 4 of 5 directional calls best @ T+5▲ +14.08%Jun 3, 2026
Filters
Rows
Reports for FIG — sortable, filterable
TypeNow
Sep 1, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$27.20 $21.02▼ −22.72%▼ −23.04%$21.36 (−21.47%)
Sep 1, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$27.20 $21.02▼ −22.72%▼ −23.04%$21.36 (−21.47%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$23.75 $22.14▼ −6.78%▼ −4.88%$21.36 (−10.06%)
Aug 12, 2026
7w ago
Insider Cluster
BEARISH ★ 5/10
$23.75 $22.14▲ +6.78%▲ +4.88%$21.36 (+10.06%)
Aug 6, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$23.97 $25.22▲ +5.21%▲ +4.62%$21.36 (−10.89%)
Aug 6, 2026
8w ago
Insider Cluster
BEARISH ★ 6/10
$23.97 $25.22▼ −5.21%▼ −4.62%$21.36 (+10.89%)
Aug 4, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$28.15 $25.73▼ −8.60%▼ −8.00%$21.36 (−24.12%)
Aug 1, 2026
8w ago
Insider Cluster
BEARISH ★ 5/10
$24.92 $27.49▼ −10.31%▼ −9.07%$21.36 (+14.29%)
Jul 31, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$24.92 $27.49▲ +10.31%▲ +9.07%$21.36 (−14.29%)
Jul 8, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.67 $28.15▲ +29.90%▲ +26.63%$21.36 (−1.43%)
Showing 10 of 24

US Market Status

Market Closed — Opens Mon (64h 13m)

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Report published Feb 27, 2026