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

FIG

Figma, Inc.
MIXED
Impact 5/10
Horizondays Processed5mo ago
Insider cluster: 3 insiders, $2.8M total
Actionable Insight ◆ Mixed

The mixed signals—C-suite selling at a 25% premium to the director's purchase price—warrant caution. Traders should monitor for potential downward pressure if selling continues ahead of earnings or a possible strategic shift, though the total value remains below 0.1% of market cap and is not yet alarming.

DirectionMixed
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
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

Three corporate insiders at Figma traded shares within a week, with a director purchasing $1.01M in stock while two C-suite executives sold a combined $1.8M. The cluster shows mixed sentiment, dominated by selling volume from senior leaders.

Key Financial Metrics

Direction
mixed
Total Value
$2.8M
Insiders
3

Key Facts

  • Director Reed Andrew Phillips bought 42.4K shares for $1.01M at $23.95 per share on 2026-02-23.
  • Chief Revenue Officer Voskanian Shaunt sold 8.6K shares for $257K at $30.00 per share on 2026-02-25.
  • Chief Technology Officer Rasmussen Kris sold 51.4K shares for $1.54M at $30.00 per share on 2026-02-25.
  • Total insider trading value: $2.81M, representing 0.03% of Figma's $9.6B market cap.

Financial Impact

$2.81M in total trades, with $1.8M in net selling by C-suite executives offset by $1.01M in director buying

insider sentimentownership concentration

Risk Factors

  • C-suite executives selling near-term could signal profit-taking ahead of volatility.
  • Divergent behavior between board and executive leadership may indicate internal disagreement on valuation or outlook.

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software

Investment Themes

Software & IT

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-FIG-1776286429292
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%$21.22 (−21.99%)
Sep 1, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$27.20 $21.02▼ −22.72%▼ −23.04%$21.22 (−21.99%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$23.75 $22.14▼ −6.78%▼ −4.88%$21.22 (−10.65%)
Aug 12, 2026
7w ago
Insider Cluster
BEARISH ★ 5/10
$23.75 $22.14▲ +6.78%▲ +4.88%$21.22 (+10.65%)
Aug 6, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$23.97 $25.22▲ +5.21%▲ +4.62%$21.22 (−11.47%)
Aug 6, 2026
8w ago
Insider Cluster
BEARISH ★ 6/10
$23.97 $25.22▼ −5.21%▼ −4.62%$21.22 (+11.47%)
Aug 4, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$28.15 $25.73▼ −8.60%▼ −8.00%$21.22 (−24.62%)
Aug 1, 2026
8w ago
Insider Cluster
BEARISH ★ 5/10
$24.92 $27.49▼ −10.31%▼ −9.07%$21.22 (+14.85%)
Jul 31, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$24.92 $27.49▲ +10.31%▲ +9.07%$21.22 (−14.85%)
Jul 8, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.67 $28.15▲ +29.90%▲ +26.63%$21.22 (−2.08%)
Showing 10 of 24

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Report published Apr 15, 2026