Figma, Inc. (FIG) CTO sells 261K shares under 10b5-1 plan
Rhea-AI Filing Summary
Figma, Inc. Chief Technology Officer Kris Rasmussen sold 261,301 shares of Class A Common Stock on July 29, 2026. The shares were sold at a weighted average price of $25.0686 per share, with prices ranging from $25.00 to $25.33, under a Rule 10b5-1 trading plan adopted on August 6, 2025. After this transaction, Rasmussen directly held 9,492,946 shares of Figma Class A Common Stock.
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Insider Trade Summary 10b5-1
Net Seller: 261,301 shares
Net Sell
1 txn
Insider
Rasmussen Kris
Role
Chief Technology Officer
Sold
261,301 shs ($6.55M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 261,301 | $25.0686 | $6.55M |
Holdings After Transaction:
Class A Common Stock — 9,492,946 shares (Direct)
Footnotes (2)
- F1. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 6, 2025.
- F2. Represents the weighted average sale price. The lowest price at which shares were sold was $25.00 and the highest price at which shares were sold was $25.33. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
Key Figures
Shares sold: 261,301 shares
Weighted average sale price: $25.0686 per share
Sale price range low: $25.00
+4 more
7 metrics
Shares sold
261,301 shares
Class A Common Stock sold by CTO Kris Rasmussen on 2026-07-29
Weighted average sale price
$25.0686 per share
Average price per share for the 261,301 shares sold
Sale price range low
$25.00
Lowest price at which shares were sold in the reported transaction
Sale price range high
$25.33
Highest price at which shares were sold in the reported transaction
Shares held after transaction
9,492,946 shares
Direct Class A Common Stock holdings of Kris Rasmussen following the sale
Transaction date
2026-07-29
Date of the reported Class A Common Stock sale
10b5-1 plan adoption date
August 6, 2025
Date Rasmussen adopted the Rule 10b5-1 trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan financial
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares were sold"
Class A Common Stock financial
"security_title: Class A Common Stock in the reported non-derivative transaction"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Figma (FIG) report for Kris Rasmussen?
Figma reported that Chief Technology Officer Kris Rasmussen sold 261,301 shares of Class A Common Stock on July 29, 2026. The shares were sold at a weighted average price of $25.0686, with individual trades between $25.00 and $25.33 per share.
What type of security did Kris Rasmussen sell in Figma (FIG)?
Rasmussen sold Class A Common Stock of Figma, Inc. in this transaction. The filing classifies the trade as a non-derivative sale of common equity, rather than an option exercise or other derivative-related transaction.
How is the sale price range for Kris Rasmussen’s Figma (FIG) trade described?
The disclosure states the reported price is a weighted average sale price of $25.0686. It also notes that the lowest price received was $25.00 and the highest price received was $25.33 across the executed trades.