STOCK TITAN

Figma (FIG) CTO covers RSU tax bill through share withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. reported an insider transaction by Chief Technology Officer Kris Rasmussen involving a tax-related share withholding. On this Form 4, the company withheld 19,037 shares of Class A common stock at $29.39 per share to cover tax obligations tied to the net settlement of restricted stock units. After this tax-withholding disposition, Rasmussen directly owns 10,348,509 Class A shares, indicating that the event reflects routine equity award taxation rather than an open-market sale.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rasmussen Kris

(Last) (First) (Middle)
C/O FIGMA, INC.
760 MARKET STREET, FLOOR 10

(Street)
SAN FRANCISCO CA 94102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/01/2026 F(1) 19,037 D $29.39 10,348,509 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The transaction represents the number of shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.
/s/ Brendan Mulligan, Attorney-in-Fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Figma (FIG) report for Kris Rasmussen?

Figma reported a tax-withholding disposition for Kris Rasmussen. The company withheld 19,037 Class A shares to satisfy tax liabilities from restricted stock units, rather than an open-market sale, leaving him with 10,348,509 directly owned shares afterward.

How many Figma (FIG) shares were withheld for Kris Rasmussen’s taxes?

Figma withheld 19,037 Class A common shares for Kris Rasmussen’s taxes. These shares were retained by the company to cover withholding obligations arising from net-settled restricted stock units, a common mechanism for handling equity award tax liabilities.

At what price were Kris Rasmussen’s Figma (FIG) shares valued for tax withholding?

The withheld Figma shares were valued at $29.39 per share. This price was applied to 19,037 Class A shares to determine the amount of stock needed to cover Kris Rasmussen’s restricted stock unit tax obligations through net settlement.

Did Kris Rasmussen sell Figma (FIG) shares on the open market?

The Form 4 shows a tax-withholding disposition, not an open-market sale. Figma withheld 19,037 shares to pay taxes on net-settled restricted stock units, meaning the shares never entered the market as a discretionary sale by Rasmussen.

How many Figma (FIG) shares does Kris Rasmussen own after this Form 4?

After the tax-withholding transaction, Kris Rasmussen directly owns 10,348,509 Figma Class A shares. This post-transaction balance reflects his remaining equity position following the 19,037-share withholding to satisfy restricted stock unit tax obligations.

What does transaction code F mean on Figma (FIG) CTO’s Form 4?

Transaction code F indicates shares withheld to pay taxes or exercise costs. In this case, Figma used 19,037 shares of Class A stock to satisfy Kris Rasmussen’s tax liabilities from restricted stock units through a net settlement process.
Figma

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FIG Stock Data

14.79B
425.52M
Software - Application
Services-prepackaged Software
Link
United States
SAN FRANCISCO