Praveer Melwani

Figma CFO Melwani sells 83,974 shares for $1,911,906.82 under scheduled 10b5-1 plan; stock down 84.8% from 52-week high.

Praveer Melwani, CFO and Treasurer, executed 2 separate sales totaling 83,974 shares for $1,911,906.82 under a pre-arranged 10b5-1 trading plan adopted on 2025-08-05, reducing his holdings by 83,974 shares to 1,749,024 shares post-transaction. The sales occurred at blended average price $22.77, while current price is $21.75, reflecting a 52-week range of $16.60–$142.92 and the stock trading 84.8% below its 52-week high. Figma reported latest quarter revenue of $333,439,000.00 with net income of $-142,401,000.00, though annual revenue growth reached +41.0% year-over-year. His prior 5 trades at FIG show post-trade 30-day returns of -32.4%, -32.4%, +5.4%, -19.8%, and -10.3%; and 90-day returns of -40.7%, -40.7%, -17.1%, -46.4%, and -49.8%. Because this sale is scheduled under a 10b5-1 plan, it is not discretionary and carries no timing implication regarding insider conviction or market outlook.

CFO Melwani sold 23,851 shares at $40.01 for $954,352.44; stock now -69.0% from 52-week high at $37.83

Melwani Praveer, CFO and Treasurer, executed 2 separate sales totaling 23,851 shares for $954,352.44 at $40.01 on 2025-12-22, reducing his holdings by 16.8% from 142,214 to 118,363 shares. The sales occurred at a price materially above the current market price of $37.83, and notably above the 52-week low of $19.59, though significantly below the 52-week high of $122.00. His prior 5 trades at Figma show a pattern of recent selling: four consecutive sales on 2025-11-10, followed by another on 2025-11-12 (with a 30-day return of -19.8%) and 2025-12-01. At the fundamental level, the company generated $274,173,000.00 in latest-quarter revenue but posted a net loss of $-1,097,015,000.00. The combination of substantial insider liquidation, persistent recent selling activity, and significant operating losses presents a complex picture warranting closer examination of whether these dispositions reflect planned portfolio management or reflect broader business deterioration.

CFO Melwani Praveer sold 15,781 shares of FIG at $35.45 on 2025-12-01; stock now $37.37, down -69.4% from 52-week high.

Melwani Praveer, as CFO and Treasurer, executed a sale of 15,781 shares (15.8K shares) at $35.45, reducing holdings from 1.61M to 1.59M shares. This transaction occurs in a heavily stressed context: the stock trades at $37.37, down 69.4% from its 52-week high of $122.00, and has declined 22.4% in the past 30 days and 31.5% over 90 days. At the same time, the company reported a net loss of $-1.1B against quarterly revenue of $274.2M. Praveer has executed five separate sales at FIG within days of this transaction (on 2025-11-10 and 2025-11-12), signaling sustained reduction in his position over a compressed timeframe during pronounced share-price deterioration. His cross-ticker track record shows prior sells have yielded an average 90-day return of +55.0%, but his 90-day well-timed rate at that aggregate level is 0.00%, and his FIG-specific history contains no yet-measurable outcomes to assess execution quality at this ticker.

Figma CFO Melwani sells 37,532 shares for $1,646,661.72 across 5 transactions; stock down 66.8% from 52-week high

Melwani Praveer, CFO and Treasurer, executed 5 separate sales totaling 37,532 shares for $1,646,661.72 at a blended average price of $43.87 on November 10–12, 2025. The sales reduce his holdings from 1,650,450 to 1,612,918 shares (a -2.3% reduction). The stock now trades at $40.56, down 66.8% from its 52-week high and down 33.3% over the trailing 30 days. At Figma specifically, Melwani's prior two measurable sales (both on 2025-08-01) posted +123.0% returns over 30 days and +55.0% over 90 days—outcomes reflecting sharp post-sale rallies—while his cross-ticker track record shows 0 of 3 prior sales were well-timed at the 90-day mark (average 90d return after those sells: +55.0%). The company reported a net loss of $1,097,015,000 in the latest quarter against revenue of $274,173,000. The concurrent 30-day and 90-day declines, coupled with reported losses and the CFO's discretionary disposition, merit attention to whether operational headwinds are influencing senior management moves.

CFO Melwani sells 16,092 FIG shares at $48.17 as stock falls 22.7% in 30 days; still holds 1,637,450 shares.

Melwani Praveer, serving as CFO and Treasurer, executed an open-market sale of 16,092 shares at $48.17 on 2025-11-03, reducing holdings by 1.0% to 1,637,450 shares while retaining a significant position. The transaction occurs in a deteriorating price environment: the stock has declined 22.7% over the past 30 days and 43.8% over 90 days, currently trading at $44.01, or 63.9% below its 52-week high of $122.00. Examining historical context, Melwani's two prior sales at Figma (both on 2025-08-01) yielded positive 30-day returns of 123.0% and 90-day returns of 55.0%, indicating neither sale was well-timed at the 90-day mark (since well-timed sells occur when the stock falls after). The company's latest quarter shows net losses of $1.1B against revenue of $274.2M, signaling sustained unprofitability. This sale represents a modest reduction of an already-large executive stake during a period of material price weakness, with prior Figma trades showing a pattern of selling into rallies rather than declines.

Figma CFO Melwani Praveer sold 47,500 shares ($1.5M) at $31.52; stock now at $79.08, up 231.9% in 30 days.

Melwani Praveer, serving as CFO and Treasurer, executed 2 separate sales totaling 47,500 shares for $1,496,962.50 at $31.52 per share on August 1, 2025. His holdings decreased by 25.0% from 190,000 shares to 142,500 shares as a result. The transaction occurred when FIG was trading at a 35.2% discount to its 52-week high of $122.00, but the filing does not disclose whether this sale was made under a 10b5-1 trading plan. Notable context: the current price of $79.08 represents a 151% gain from the sale price, and the stock has appreciated 231.9% over the 30 days and 261.0% over 90 days since the transaction. The magnitude of the sale relative to his remaining stake (25% reduction) and the subsequent sharp appreciation warrant examination of the underlying circumstances driving the disposition.