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Figma family trust plans sale of 732 shares

Figma, Inc. (FIG) is named as the issuer in a notice of proposed sale of securities under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Figma, Inc. (FIG) is named as the issuer in a notice of proposed sale of securities under Rule 144. The Olivia Mae Rasmussen Irrevocable Trust U/A DTD 05/16/2025 has filed to sell 732 shares of Figma common stock through Morgan Stanley Smith Barney LLC on or after 09/01/2026.

The shares are held in a trust established for the benefit of the family of Kris Rasmussen, Chief Technology Officer of Figma, Inc. The filing states that, although the shares are aggregated with Kris Rasmussen’s holdings for Rule 144(e) purposes, an independent trustee, not Mr. Rasmussen, controls if, when, and how the shares are sold.

Positive

  • None.

Negative

  • None.
Shares to be sold 732 shares of Common Proposed sale by Olivia Mae Rasmussen Irrevocable Trust under Rule 144
Aggregate market value of shares to be sold $20,122.68 Value associated with 732 shares of Common in the Securities Information section
Intended sale date 09/01/2026 Date associated with the proposed Rule 144 sale of 732 shares
Past 3 months sale example – Olivia Mae trust 5,000 shares; $125,814.00 10b5-1 sale of Common on 08/17/2026 for Olivia Mae Rasmussen Irrevocable Trust
Past 3 months sale example – Kristopher Rasmussen (1) 120,000 shares; $3,063,828.00 10b5-1 sale of Common on 08/04/2026 for Kristopher Rasmussen
Past 3 months sale example – Kristopher Rasmussen (2) 240,000 shares; $6,016,464.00 10b5-1 sale of Common on 07/29/2026 for Kristopher Rasmussen
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 144(e) regulatory
"In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144"
10b5-1 regulatory
"10b5-1 Sales for OLIVIA MAE RASMUSSEN IRREV TRUST U/A DTD 05/16/2025"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Irrevocable Trust financial
"OLIVIA MAE RASMUSSEN IRREV TRUST U/A DTD 05/16/2025"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Estate Planning Transfers financial
"Estate Planning Transfers | Acquired from the Settlor of the Trust, Kris Rasmussen."
aggregation affiliate regulatory
"Rule 144(e) aggregation affiliate of Officer"

FAQ

What does this Form 144 filing mean for Figma, Inc. (FIG)?

The filing gives notice that the Olivia Mae Rasmussen Irrevocable Trust intends to sell 732 shares of Figma, Inc. common stock under Rule 144. It is a regulatory disclosure of a potential sale by an affiliate-related trust, not an action by Figma, Inc. itself.

How many Figma (FIG) shares are proposed to be sold and through whom?

The notice covers a proposed sale of 732 shares of Figma, Inc. common stock. The designated broker is Morgan Stanley Smith Barney LLC Executive Financial Services, with the intended sale date listed as 09/01/2026 on the NYSE.

Who is selling the Figma (FIG) shares disclosed in this Form 144?

The seller is the Olivia Mae Rasmussen Irrevocable Trust U/A DTD 05/16/2025. The filing states the trust was established for the benefit of the family of Kris Rasmussen, Chief Technology Officer of Figma, Inc., with an independent trustee controlling the disposition.

Is Kris Rasmussen directly deciding these Figma (FIG) share sales?

No. The filing states that, although the shares are affiliated with Kris Rasmussen for Rule 144(e) aggregation, their disposition “is not controlled by Mr. Rasmussen” and is instead controlled by an independent trustee of the trust.

When and how were the Figma (FIG) shares being sold by the trust originally acquired?

The securities to be sold were acquired on 12/13/2018 as part of “Estate Planning Transfers,” described as “Acquired from the Settlor of the Trust, Kris Rasmussen,” with the shares being sold for the account of the trust.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature