STOCK TITAN

Figma (NYSE: FIG) plans 5,000-share sale from Rasmussen trust

(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, with an approximate value of $127,100.00, and a stated date of August 17, 2026. The shares are held in a trust that acquired them via estate planning transfers from settlor Kris Rasmussen.

Recent activity over the past three months includes multiple Rule 10b5-1 plan sales by Kristopher Rasmussen and related irrevocable trusts. Examples include sales of 240,000 shares for $6,016,464.00 and 120,000 shares for $3,063,828.00 on August 4 and July 29, 2026, and several 5,000‑share sales by Olivia Mae, Grace Harper, and Isla Rose Rasmussen irrevocable trusts for approximately $115,000–$119,809.50 each.

Positive

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Negative

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Planned shares to be sold 5,000 shares Planned trust sale via Morgan Stanley Smith Barney LLC Executive Financial Services
Estimated value of planned sale $127,100.00 Approximate value for 5,000 shares to be sold on August 17, 2026
10b5-1 sale block 240,000 shares for $6,016,464.00 Kristopher Rasmussen 10b5-1 sale on July 29, 2026
Additional 10b5-1 sale block 120,000 shares for $3,063,828.00 Kristopher Rasmussen 10b5-1 sale on August 4, 2026
Trust 10b5-1 sale example 5,000 shares for $119,809.50 Sale by Olivia Mae Rasmussen Irrevocable Trust on July 15, 2026
Another major 10b5-1 sale 240,000 shares for $6,019,236.00 Kristopher Rasmussen 10b5-1 sale on May 19, 2026
Block sale under 10b5-1 87,046 shares for $2,180,260.10 Kristopher Rasmussen 10b5-1 sale on May 19, 2026
Form 144 regulatory
"144: Securities Information Common"
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"
Irrev Trust U/A DTD financial
"IRREV TRUST U/A DTD 05/16/2025 760 Market Street"
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services"

FAQ

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

The filing reports a planned sale of 5,000 shares of common stock held in a trust, with an indicated value of $127,100.00, through Morgan Stanley Smith Barney LLC Executive Financial Services on August 17, 2026.

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

The 5,000 FIG shares were acquired via estate planning transfers from the settlor of the trust, Kris Rasmussen. The sale is for the account of this trust, reflecting prior non-market transfers rather than recent open-market purchases.

On what dates did major FIG 10b5-1 plan sales occur for Kristopher Rasmussen?

Major 10b5-1 plan sales for Kristopher Rasmussen occurred on May 19, 2026, July 29, 2026, and August 4, 2026, including individual transactions such as 240,000 shares for $6,019,236.00 and 87,046 shares for $2,180,260.10.

What is the trading venue associated with the FIG common stock in this filing?

The common stock referenced in the filing is listed on the NYSE. The planned 5,000-share sale and the historical 10b5-1 transactions involve this NYSE-listed common stock connected to FIG and the Rasmussen-related accounts and trusts.

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