Tax-covering share sales by Figma (FIG) CTO Kris Rasmussen disclosed
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 74,305 shares ($1,847,397)
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 — 10,666,816 shares (Direct)
Footnotes (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. 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. 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
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.