STOCK TITAN

Figma (NYSE: FIG) insider sold 240,000 shares before new trust sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

FIG reports a planned sale of common stock under Form 144. An account at Morgan Stanley Smith Barney LLC Executive Financial Services intends to sell 5,000 common shares on or after 08/17/2026 on the NYSE, for an indicated aggregate value of $127,100.00. These shares were acquired on 12/13/2018 as part of Estate Planning Transfers from the settlor of the trust, Kris Rasmussen, and are being sold for the account of that trust.

The filing also lists prior Rule 10b5-1 plan sales over the past three months by Kristopher Rasmussen and several related irrevocable trusts, including individual transactions of 240,000 shares for $6,019,236.00 on 05/19/2026 and 240,000 shares for $6,016,464.00 on 07/29/2026, along with smaller block sales by the Olivia Mae, Grace Harper, and Isla Rose Rasmussen irrevocable trusts.

Positive

  • None.

Negative

  • None.
Planned shares to be sold 5,000 shares Common stock sale planned under Form 144 on or after 08/17/2026
Planned sale value $127,100.00 Aggregate value for 5,000 FIG common shares in planned Form 144 sale
10b5-1 sale on 05/19/2026 240,000 shares for $6,019,236.00 Rule 10b5-1 sale by Kristopher Rasmussen on 05/19/2026
Second 05/19/2026 sale 87,046 shares for $2,180,260.10 Additional Rule 10b5-1 sale by Kristopher Rasmussen on 05/19/2026
10b5-1 sale on 07/29/2026 240,000 shares for $6,016,464.00 Rule 10b5-1 sale by Kristopher Rasmussen on 07/29/2026
Trust sale on 07/15/2026 5,000 shares for $119,809.50 Each Rasmussen irrevocable trust sold 5,000 FIG shares on 07/15/2026
Trust sale on 07/07/2026 5,000 shares for $115,000.00 Each Rasmussen irrevocable trust sold 5,000 FIG shares on 07/07/2026
Form 144 regulatory
"reports a planned sale of common stock under Form 144."
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.
Rule 10b5-1 regulatory
"The filing also lists prior Rule 10b5-1 plan sales over the past"
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.
Estate Planning Transfers financial
"These shares were acquired on 12/13/2018 as part of Estate Planning Transfers"
irrevocable trust financial
"Olivia Mae, Grace Harper, and Isla Rose Rasmussen irrevocable trusts each report"
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.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services intends to sell"

FAQ

What does FIG’s latest Form 144 filing disclose about upcoming stock sales?

The filing discloses a planned sale of 5,000 FIG common shares through Morgan Stanley Smith Barney LLC on or after 08/17/2026 for an indicated value of $127,100.00, by a trust that originally received the shares via Estate Planning Transfers in 2018.

Who is associated with the FIG shares being sold under this Form 144?

The 5,000 FIG shares planned for sale are held in a trust that acquired them on 12/13/2018 from the settlor, Kris Rasmussen, as part of estate planning. The sale will be executed via Morgan Stanley Smith Barney LLC Executive Financial Services.

What prior FIG stock sales are reported for Kristopher Rasmussen in the last three months?

Kristopher Rasmussen’s Rule 10b5-1 plan sales include 240,000 shares for $6,019,236.00 and 87,046 shares for $2,180,260.10 on 05/19/2026, and 240,000 shares for $6,016,464.00 plus 21,301 shares for $533,986.25 on 07/29/2026.

What FIG stock sales did the Rasmussen irrevocable trusts report recently?

The Olivia Mae, Grace Harper, and Isla Rose Rasmussen irrevocable trusts each report FIG Rule 10b5-1 sales of 5,000 shares for $119,809.50 on 07/15/2026 and 5,000 shares for $115,000.00 on 07/07/2026, reflecting multiple equal-sized block transactions.

On which market will the FIG Form 144 shares be sold and in what amount?

The Form 144 indicates that 5,000 FIG common shares are expected to be sold on the NYSE, with an aggregate value of $127,100.00. These sales are to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.

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