Figma General Counsel Sells 211,599 Shares for $6.3 Million
Brendan Mulligan executed sale under pre-arranged Rule 10b5-1 trading plan adopted in May, retaining 727,952 shares worth ~$21 million.
Overview
Brendan Mulligan, General Counsel and Secretary, reported a sale of ~212,000 shares of Figma, Inc. (NYSE:FIG) in an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($29.79); post-transaction value based on Aug. 28, 2026, market close ($28.82).
Details
Figma is a leading collaborative design platform with approximately 1,886 employees and a market capitalization of $14.6 billion as of Aug. 31, 2026. The company has achieved significant scale with TTM revenue of $1.3 billion, establishing itself as a critical infrastructure provider for digital product development teams globally. Figma's competitive advantage derives from its browser-based architecture, real-time collaboration capabilities, and integrated suite of design and development tools that address the full product creation lifecycle.
Source
Originally published at www.fool.com.