Figma shares are climbing 1.59% to $29.39 ahead of a major lock-up expiration on January 27, 2026, which analysts view as a significant structural headwind.

  • The lock-up expiration will make 46% of the company’s total outstanding shares eligible for sale.
  • This pressure is amplified by CEO Dylan Field's recent sale of $10 million worth of shares in mid-January 2026.