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Figma CTO family trust plans sale of 731 shares

A Rule 144 Form 144 filing shows intent to sell 731 Figma shares worth about $20,095, with an independent trustee—not Kris Rasmussen—controlling timing.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Figma, Inc. (FIG) is the issuer for a Form 144 notice filed for the Grace Harper Rasmussen Irrevocable Trust, which indicates an intent to sell 731 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services under Rule 144. The shares, with an aggregate market value of $20,095.19, are part of a trust established for the family of Kris Rasmussen, the company’s Chief Technology Officer. The trust states that an independent trustee, not Kris Rasmussen, controls if, when, and how the shares are sold. The filing also lists prior Rule 10b5-1 sales over the past three months by related Rasmussen family trusts and by Kristopher Rasmussen.

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Shares to be sold under Form 144 731 shares Common stock to be sold by Grace Harper Rasmussen Irrevocable Trust
Aggregate market value of shares to be sold $20,095.19 Market value of 731 shares of Figma, Inc. common stock
Shares outstanding 455,113,611 shares Figma, Inc. common stock outstanding as of 09/01/2026
Prior 10b5-1 sale by Kristopher Rasmussen 120,000 shares for $3,063,828.00 Common stock sold on 08/04/2026
Additional 10b5-1 sale by Kristopher Rasmussen 240,000 shares for $6,016,464.00 Common stock sold on 07/29/2026
Example 10b5-1 trust sale 5,000 shares for $125,814.00 Common stock sold on 08/17/2026 by Olivia Mae Rasmussen Irrevocable Trust
Rule 144(e) aggregation regulatory
"Rule 144(e) aggregation affiliate of Officer"
10b5-1 regulatory
"10b5-1 Sales for OLIVIA MAE RASMUSSEN IRREV TRUST U/A"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Estate Planning Transfers financial
"12/13/2018 | Estate Planning Transfers | Acquired from the Settlor"
independent trustee financial
"controlled by an independent trustee who will decide if, when and how"
settlor of the trust financial
"Acquired from the Settlor of the Trust, Kris Rasmussen."

FAQ

What does the Form 144 filing for FIGMA, INC. (FIG) disclose?

It discloses that the Grace Harper Rasmussen Irrevocable Trust plans to sell 731 shares of Figma, Inc. common stock under Rule 144 through Morgan Stanley Smith Barney LLC Executive Financial Services, with the disposition decisions controlled by an independent trustee.

How many Figma (FIG) shares does the trust intend to sell and what is their value?

The Grace Harper Rasmussen Irrevocable Trust intends to sell 731 shares of Figma common stock, with an aggregate market value of $20,095.19 as shown in the filing.

How many Figma (FIG) shares are outstanding as referenced in this Form 144?

The filing references 455,113,611 shares of Figma, Inc. common stock outstanding as of 09/01/2026, providing context for the size of the planned sale.

Who benefits from the Figma (FIG) shares held by the Grace Harper Rasmussen trust?

The shares are held by a trust established for the benefit of the family of Kris Rasmussen, Figma’s Chief Technology Officer, with an independent trustee controlling decisions on share sales.

How were the Figma (FIG) shares being sold by the Grace Harper Rasmussen trust originally acquired?

The filing states the shares were acquired on 12/13/2018 as Estate Planning Transfers from the settlor of the trust, Kris Rasmussen.

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