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  4. [144] Figma, Inc. SEC Filing

Figma CTO family trust plans sale of 732 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Figma, Inc. (FIG) received a Form 144 notice that the Isla Rose Rasmussen Irrevocable Trust, an affiliate for Rule 144(e) aggregation purposes, may sell up to 732 common shares of Figma through Morgan Stanley Smith Barney LLC, with an indicated aggregate market value of $20,122.68.

The shares, acquired on December 13, 2018 via an estate-planning transfer from settlor Kris Rasmussen, are held in a trust established for the benefit of his family. An independent trustee controls if, when, and how the trust’s shares are sold. The notice also lists prior Rule 10b5-1 plan sales over the past three months by related Rasmussen family trusts and by Kris Rasmussen.

Positive

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Shares to be sold under Form 144 732 shares of common stock Prospective Rule 144 sale by Isla Rose Rasmussen Irrevocable Trust
Aggregate market value of shares to be sold $20,122.68 Value of 732 Figma common shares covered by the notice
Shares outstanding 455,113,611 shares Figma common shares outstanding, used as a baseline for Rule 144(e)
Prior 10b5-1 sale by trust on 08/17/2026 5,000 shares for $125,826.00 10b5-1 sale for Isla Rose Rasmussen Irrevocable Trust
Prior 10b5-1 sale by officer on 07/29/2026 240,000 shares for $6,016,464.00 10b5-1 sale for Kris Rasmussen
Another officer 10b5-1 sale on 08/04/2026 120,000 shares for $3,063,828.00 10b5-1 sale for Kris Rasmussen
Rule 144(e) aggregation regulatory
"Rule 144(e) aggregation affiliate of Officer"
Rule 10b5-1 regulatory
"10b5-1 Sales for ISLA ROSE RASMUSSEN IRREV TRUST"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Form 144 regulatory
"The shares to be sold pursuant to this Form are held by a trust"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
independent trustee financial
"controlled by an independent trustee who will decide if, when and how shares are sold"
estate planning transfers financial
"Estate Planning Transfers | Acquired from the Settlor of the Trust"

FAQ

What does the Form 144 filing disclose for Figma, Inc. (FIG)?
It discloses that the Isla Rose Rasmussen Irrevocable Trust may sell up to 732 shares of Figma common stock under Rule 144, with an indicated aggregate market value of $20,122.68, through Morgan Stanley Smith Barney LLC, with sales expected around September 1, 2026 on the NYSE.

Who is selling Figma (FIG) shares in this Form 144 and who controls the sale?
The prospective seller is the Isla Rose Rasmussen Irrevocable Trust, a trust established for the benefit of the family of Kris Rasmussen, Figma’s Chief Technology Officer. The filing states that an independent trustee controls if, when, and how the trust’s shares are sold.

How many Figma (FIG) shares are covered by this Form 144 notice and what is their value?
The notice covers up to 732 shares of Figma common stock, with an indicated aggregate market value of $20,122.68. The filing also reports that Figma had 455,113,611 shares of common stock outstanding, providing a baseline for Rule 144 volume limits.

How and when were the Figma (FIG) shares held by the trust originally acquired?
The trust’s Figma common shares were acquired on December 13, 2018 as part of estate planning transfers from the settlor, Kris Rasmussen. The description states they were “Acquired from the Settlor of the Trust, Kris Rasmussen” for the account of the trust.

What prior Figma (FIG) stock sales are disclosed for the past three months?
The filing lists several Rule 10b5-1 plan sales of Figma common stock over the prior three months by Rasmussen family trusts and Kris Rasmussen, including transactions such as 240,000 shares sold for $6,016,464.00 on July 29, 2026, among others.

Why are the trust’s Figma (FIG) shares described as affiliated under Rule 144(e)?
The filing identifies the trust as an affiliate of an officer for Rule 144(e) aggregation, because it is a trust established for the benefit of the family of Kris Rasmussen, Figma’s CTO. Its sales are therefore aggregated with other related sales for Rule 144 volume calculations.

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

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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

Source: View Original Filing on SEC EDGAR