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Figma officer plans $5.8M stock sale

Figma, Inc. (FIG) received a Rule 144 notice from officer Kristopher Rasmussen covering a proposed sale of up to 250,000 shares of common stock through Morgan Stanley Smith Barney.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Figma, Inc. (FIG) received a Rule 144 notice from officer Kristopher Rasmussen covering a proposed sale of up to 250,000 shares of common stock through Morgan Stanley Smith Barney. The shares were acquired upon vesting of restricted stock units between May 16, 2024 and May 1, 2026.

The notice lists an approximate aggregate market value of $5,800,000 for the shares to be sold and states that Figma had 455,113,611 shares outstanding as of September 14, 2026. It also describes multiple recent Rule 10b5-1 plan sales by Rasmussen and related irrevocable trusts during July–September 2026.

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Shares to be sold under Rule 144 250,000 shares Proposed sale of Figma common stock by officer Kris Rasmussen
Aggregate market value of shares to be sold $5,800,000 Estimated value for the 250,000 Figma common shares covered by the notice
Shares outstanding 455,113,611 shares Figma common stock outstanding as of September 14, 2026
Single 10b5-1 sale by Kris Rasmussen 240,000 shares for $6,016,464.00 Figma common stock sold on July 29, 2026 under a Rule 10b5-1 plan
Additional 10b5-1 sale by Kris Rasmussen 120,000 shares for $3,063,828.00 Figma common stock sold on August 4, 2026 under a Rule 10b5-1 plan
Example 10b5-1 sale by Rasmussen irrevocable trust 5,000 shares for $119,809.50 Figma common stock sold on July 15, 2026 by a Rasmussen irrevocable trust
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.
restricted stock units financial
"The securities to be sold were acquired upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 Sales regulatory
"10b5-1 Sales for KRISTOPHER RASMUSSEN 760 Market Street, Floor 10"
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.
irrevocable trust financial
"10b5-1 Sales for 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filed for FIG by Kris Rasmussen disclose?

The Form 144 discloses that officer Kris Rasmussen may sell up to 250,000 shares of Figma common stock, with an approximate aggregate market value of $5,800,000, under Rule 144. The shares were acquired from restricted stock unit vesting between May 16, 2024 and May 1, 2026.

How many Figma (FIG) shares are covered by this proposed Rule 144 sale?

The notice covers a proposed sale of 250,000 shares of Figma common stock. These shares were acquired upon the vesting of restricted stock units over the period from May 16, 2024 through May 1, 2026.

What is the reported market value of the FIG shares in this Form 144?

The Form 144 reports an approximate aggregate market value of $5,800,000 for the 250,000 Figma common shares that may be sold under Rule 144.

How many Figma (FIG) shares were outstanding when this Form 144 was filed?

The filing states that 455,113,611 shares of Figma common stock were outstanding as of September 14, 2026. This figure provides context and is separate from the 250,000 shares covered by the proposed sale.

What prior FIG stock sales are listed in the past three months section?

The document lists multiple Rule 10b5-1 plan sales of Figma common stock during July–September 2026 by Kris Rasmussen and three Rasmussen irrevocable trusts, including transactions such as 240,000 shares sold for $6,016,464.00 on July 29, 2026.

Were the FIG shares in this Form 144 acquired through RSUs?

Yes. The remarks state that the securities to be sold were acquired upon the vesting of restricted stock units during the period from May 16, 2024 through May 1, 2026.

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

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