Figma CTO sells shares to cover RSU tax

Figma Chief Technology Officer Kris Rasmussen reported automatic sales of Class A Common Stock to cover tax withholding from vested restricted stock units.

Rhea-AI Filing Summary

Figma Chief Technology Officer Kris Rasmussen reported automatic sales of Class A Common Stock to cover tax withholding from vested restricted stock units. On February 2, 2026, he sold 31,832 shares at a weighted average price of $24.3578 and 42,473 shares at a weighted average price of $25.2405 through block trades for multiple security holders. The filing states these were “sell to cover” transactions and not discretionary trades. After the transactions, Rasmussen directly beneficially owned 10,624,343 shares of Figma Class A Common Stock.

Insider Trade Summary

Net Seller: 74,305 shares

Net Sell 2 txns

Insider Rasmussen Kris

Role Chief Technology Officer

Sold 74,305 shs ($1.85M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	31,832	$24.3578	$775K
Sale	Class A Common Stock	42,473	$25.2405	$1.07M

Holdings After Transaction: Class A Common Stock — 10,624,343 shares (Direct)

Footnotes (3)

1. F1. The sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.
2. F2. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $23.99 to $24.9861, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades.
3. F3. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $24.99 to $25.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades.

FAQ

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

What does the latest Form 4 for Figma (FIG) report for Kris Rasmussen?

The Form 4 reports that Figma CTO Kris Rasmussen sold Class A Common Stock on February 2, 2026. These sales were made to cover tax withholding from vested restricted stock units through a sell-to-cover arrangement, rather than as discretionary open-market trades.

How many Figma (FIG) shares did Kris Rasmussen sell in this Form 4 filing?

Kris Rasmussen sold 31,832 Class A shares in one transaction and 42,473 shares in another on February 2, 2026. Both transactions were reported as sales to cover tax withholding obligations related to restricted stock unit vesting.

Were Kris Rasmussen’s Figma (FIG) share sales discretionary trades?

No. The filing states the reported sales were to cover tax withholding obligations via a “sell to cover” transaction. It explicitly notes these sales do not represent discretionary transactions by Kris Rasmussen, but were triggered by restricted stock unit vesting and settlement.

What prices were received for the Figma (FIG) shares sold by Kris Rasmussen?

The first sale used a weighted average price of $24.3578 per share, with trades between $23.99 and $24.9861. The second used a weighted average price of $25.2405 per share, with trades between $24.99 and $25.67, executed as block trades.

How many Figma (FIG) shares does Kris Rasmussen hold after these tax-covering sales?

After the reported transactions, Kris Rasmussen directly beneficially owned 10,624,343 shares of Figma Class A Common Stock. This post-transaction ownership figure is disclosed in the Form 4 as the amount held following the second reported sale on February 2, 2026.

Why were block trades used for the Figma (FIG) share sales in this Form 4?

The filing explains that the shares were sold as part of block trades for multiple Figma security holders. It also notes that the prices reported are weighted averages and that detailed trade-level pricing information is available upon request from the issuer or the SEC staff.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/04/2026 - 08:02 PM Learn about SEC filing dates

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)
02/02/2026

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	02/02/2026		S(1)		31,832	D	$24.3578(2)	10,666,816	D
Class A Common Stock	02/02/2026		S(1)		42,473	D	$25.2405(3)	10,624,343	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 sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.

2. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $23.99 to $24.9861, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades.

3. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $24.99 to $25.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein to the block trades.

	/s/ Brendan Mulligan, Attorney-in-Fact	02/04/2026
	** 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.
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