Figma's CRO Sells Over 11,000 Shares Amid Market Volatility
On July 14, 2026, Shaunt Voskanian, Chief Revenue Officer of Figma (FIG), sold approximately 11,219 shares under a pre-established Rule 10b5-1 trading plan. The transaction was non-discretionary and valued at around $268,358 based on the weighted average sale price of $23.92 per share. Despite this sale, Voskanian still holds over 1.7 million shares directly, representing a significant stake in Figma. The company's insider ownership remains aligned with shareholders at approximately 0.36%. Figma reported trailing twelve-month revenue of $1.2 billion and has a market capitalization of $11.5 billion as of July 15, 2026. The stock price decline is attributed to investor concerns over AI advancements potentially impacting design software demand and the company's ongoing net losses. However, Figma continues to show strong revenue growth with Q1 earnings at $333.4 million—up 46% year-over-year—and expects continued sales increases in Q2.
Tickers: $FIG
Topics: Figma SEC Form 4 Shaunt Voskanian stock sale