STOCK TITAN

Rasmussen trust plans more Figma (NYSE: FIG) selling after multi‑million 10b5‑1 trades

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

FIG reports a planned sale of 5,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on August 17, 2026 on the NYSE, with an indicated aggregate value of $127,100.00. The shares are held in a trust, originally acquired on December 13, 2018 via estate planning transfers from the settlor, Kris Rasmussen, and are being sold for the account of that trust.

Recent activity disclosed includes multiple Rule 10b5-1 plan sales by Kristopher Rasmussen and related irrevocable trusts during May–August 2026, such as 120,000 shares for $3,063,828.00 and 76,397 shares for $1,950,560.56 on August 4, 2026, and several 5,000-share sales by family irrevocable trusts in July 2026.

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Planned shares to be sold 5,000 shares Common stock sale via Morgan Stanley Smith Barney LLC on August 17, 2026
Planned sale value $127,100.00 Aggregate value for 5,000 shares to be sold on August 17, 2026
Acquisition date of trust shares 12/13/2018 Estate planning transfers from settlor Kris Rasmussen to the trust
10b5-1 sale 1 120,000 shares for $3,063,828.00 Kristopher Rasmussen common stock sale on August 4, 2026
10b5-1 sale 2 76,397 shares for $1,950,560.56 Kristopher Rasmussen common stock sale on August 4, 2026
10b5-1 sale 3 240,000 shares for $6,016,464.00 Kristopher Rasmussen common stock sale on July 29, 2026
Trust 10b5-1 sale 5,000 shares for $119,809.50 Irrevocable trust common stock sale on July 15, 2026
Form 144 regulatory
"144: Securities To Be Sold"
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.
10b5-1 Sales regulatory
"10b5-1 Sales for KRISTOPHER RASMUSSEN 760 Market Street"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
estate planning transfers financial
"Estate Planning Transfers | Acquired from the Settlor of the Trust"
irrevocable trust financial
"IRREV TRUST U/A DTD 05/16/2025 760 Market Street"
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.

FAQ

What stock sale is FIG reporting in this Form 144 filing?

The filing reports a planned sale of 5,000 shares of FIG common stock through Morgan Stanley Smith Barney LLC on August 17, 2026, with an aggregate value of $127,100.00, for the account of a trust associated with Kris Rasmussen.

How were the FIG shares being sold by the trust originally acquired?

The 5,000 FIG shares were acquired on December 13, 2018 through estate planning transfers from the settlor of the trust, Kris Rasmussen. The filing states the shares are being sold for the account of this trust.

What recent FIG stock sales under Rule 10b5-1 did Kristopher Rasmussen report?

Disclosed 10b5-1 sales include 120,000 shares for $3,063,828.00 and 76,397 shares for $1,950,560.56 on August 4, 2026, as well as 240,000 shares for $6,016,464.00 on July 29, 2026.

On which exchange is the reported FIG stock sale expected to occur?

The planned 5,000-share FIG sale is indicated to occur on the NYSE on August 17, 2026. Morgan Stanley Smith Barney LLC Executive Financial Services is listed as the broker handling the transaction.

What were some earlier 2026 FIG sales under Kristopher Rasmussen’s 10b5-1 plan?

Earlier 2026 10b5-1 plan sales include 240,000 FIG shares for $6,019,236.00 and 87,046 shares for $2,180,260.10 on May 19, 2026, as disclosed in the filing.

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