Andrew Phillips Reed bought $37M of FIG
director at Figma, Inc.. 1,466,852 shares at an average of $24.91, traded Feb 20, 2026, filed Feb 24, 2026.
Score components
- +15RoleDirector
- +25Trade size$36.5M at market
- +8Relative to holdingsFirst purchase: no shares before this trade
- +8Price context79% below the 52-week high
- 0ClusterNo other insider buying within 14 days
- 0Repeat buyingFirst buy in 90 days
- 0Track recordToo few past buys to judge (0 with prices)
What happened after comparable buys
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m -19.2%, 3m -19.9%, 6m -0.6%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001990997-26-000002, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Feb 20, 2026 | POpen-market purchase Class A Common Stockindirect: SC Expansion Fund II Management, L.P. | +554,103 | $25.90 | $14M | 554,103 | Feb 24, 2026 |
| Feb 23, 2026 | POpen-market purchase Class A Common Stockindirect: SC Expansion Fund II Management, L.P. | +42,362 | $23.95 | $1.0M | 596,465 | Feb 24, 2026 |
| Feb 23, 2026 | POpen-market purchase Class A Common Stockindirect: SC Expansion Fund II Management, L.P. | +870,387 | $24.32 | $21M | 1,466,852 | Feb 24, 2026 |
Related signals
Other insiders at Figma, Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 8Weak | Figma, Inc. | Tyler Herb Chief Accounting Officer | $31k 1,418 shares | -1% | |
| 20Weak | Figma, Inc. | Brendan Mulligan General Counsel and Secretary | $450k 20,701 shares | -3% | |
| 9Weak | Figma, Inc. | Tyler Herb Chief Accounting Officer | $37k 1,416 shares | -1% | |
| 33Weak | Figma, Inc. | Brendan Mulligan General Counsel and Secretary | $2.8M 109,106 shares | -15% | |
| 33Weak | Figma, Inc. | Brendan Mulligan General Counsel and Secretary | $6.3M 211,599 shares | -23% | |
| 10Weak | Figma, Inc. | Tyler Herb Chief Accounting Officer | $60k 2,000 shares | -1% | |
| 17Weak | Figma, Inc. | Tyler Herb Chief Accounting Officer | $50k 1,840 shares | -1% | |
| 41Moderate | Figma, Inc. | Index Ventures VI (Jersey) LP owner | $317k 12,475 shares | -2% | |
| 44Moderate | Figma, Inc. | Daniel H. Rimer director | $317k 12,475 shares | -2% | |
| 10Weak | Figma, Inc. | Tyler Herb Chief Accounting Officer | $18k 709 shares | -0% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.