Figma Chief Revenue Officer Sells Over 11,000 Shares Amid Market Volatility
Shaunt Voskanian, Figma's Chief Revenue Officer, sold 11,219 shares of the company on July 14, 2026. The transaction was conducted under a Rule 10b5-1 trading plan established in August 2025 and does not appear to signal immediate concern for investors. Voskanian retained approximately 1.8 million shares post-sale, maintaining a significant stake aligned with shareholder interests. Figma's stock has declined significantly from its peak of $142.92 per share last year due to investor concerns over AI disruption and the company’s ongoing losses. The firm reported a net loss of $142.4 million in Q1 2026, despite strong revenue growth with first-quarter earnings reaching $333.4 million — up 46% year-over-year. The sale occurred as Figma continues to expand its cloud-based design platform and subscription model across enterprise markets.
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