Insider Cluster (2 insiders) ·Filed Jul 31, 2026

FIG

Figma, Inc.
NEUTRAL
Impact 2/10
Horizonimmediate Processed2mo ago
Insider cluster: 2 insiders, $7.0M total
Actionable Insight • Neutral

The insider sales are too small to warrant a trading response. Monitor for any upcoming earnings or material announcements that might have prompted these routine sales, but no immediate action is needed.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d ⚠ clustered
FIG ▲ +10.31% at T+20d
NEUTRAL call ✓ call won +10.31% · α vs SPY +9.07% · entry $24.92 → $27.49
Next anchor: T+60d in 24d
Latest observation: T+41 -38.42% FF3 residual α
Entry anchored
Jul 31, 03:59 PM ET
via exchange tick
T+1d
+8.83%
call +8.83% · α +7.03%
$27.12
settled 2mo ago
T+5d
+1.89%
call +1.89% · α -0.14%
$25.39
settled 8w ago
T+20d
+10.31%
call +10.31% · α +9.07%
$27.49
settled 5w ago
T+60d
—
call — · α —
—
in 24d

Price Chart

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Executive Summary

Two Figma insiders (CTO and General Counsel) sold a combined $7.01M in shares on July 29, 2026. The total represents only 0.056% of Figma's $12.6B market cap, making this a routine and immaterial cluster. Insider sales are generally weak predictors, and the small scale relative to market cap suggests no bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$7.0M
Insiders
2

Key Facts

  • CTO Kris Rasmussen sold 261,301 shares for $6.55M on July 29, 2026.
  • General Counsel Brendan Mulligan sold 18,213 shares for $455K on the same day.
  • Total insider sales of $7.01M represent 0.056% of Figma's $12.6B market cap.
  • Both sales were open-market transactions; no 10b5-1 plan or pattern noted.

Financial Impact

Total insider sales of $7.01M, negligible relative to $12.6B market cap.

dilution

Risk Factors

  • Insider sales could precede negative news, but the small scale reduces this risk.
  • Further insider selling in larger amounts would be more concerning.

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
39% bullish (18 analysts)

Investment Themes

Software & IT

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-FIG-1785542554988
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%$21.08 (−22.48%)
Sep 1, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$27.20 $21.02▼ −22.72%▼ −23.04%$21.08 (−22.48%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$23.75 $22.14▼ −6.78%▼ −4.88%$21.08 (−11.22%)
Aug 12, 2026
7w ago
Insider Cluster
BEARISH ★ 5/10
$23.75 $22.14▲ +6.78%▲ +4.88%$21.08 (+11.22%)
Aug 6, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$23.97 $25.22▲ +5.21%▲ +4.62%$21.08 (−12.04%)
Aug 6, 2026
8w ago
Insider Cluster
BEARISH ★ 6/10
$23.97 $25.22▼ −5.21%▼ −4.62%$21.08 (+12.04%)
Aug 4, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$28.15 $25.73▼ −8.60%▼ −8.00%$21.08 (−25.10%)
Aug 1, 2026
8w ago
Insider Cluster
BEARISH ★ 5/10
$24.92 $27.49▼ −10.31%▼ −9.07%$21.08 (+15.39%)
Jul 31, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$24.92 $27.49▲ +10.31%▲ +9.07%$21.08 (−15.39%)
Jul 8, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.67 $28.15▲ +29.90%▲ +26.63%$21.08 (−2.70%)
Showing 10 of 24

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Report published Aug 1, 2026