Figma (FIG) CTO Kris Rasmussen sells 327,046 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma, Inc. Chief Technology Officer Kris Rasmussen executed an open-market sale of 327,046 shares of Class A Common Stock on May 19, 2026 at a weighted average price of $25.07 per share. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan. After this sale, Rasmussen directly holds 9,771,529 shares of Figma Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 327,046 shares ($8,199,501)
Net Sell
1 txn
Insider
Rasmussen Kris
Role
Chief Technology Officer
Sold
327,046 shs ($8.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 327,046 | $25.0714 | $8.20M |
Holdings After Transaction:
Class A Common Stock — 9,771,529 shares (Direct, null)
Footnotes (1)
- 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. 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 $25.28. 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: 327,046 shares
Weighted average sale price: $25.0714 per share
Sale price range: $25.00–$25.28 per share
+2 more
5 metrics
Shares sold
327,046 shares
Class A Common Stock sold on May 19, 2026
Weighted average sale price
$25.0714 per share
Open-market sale on May 19, 2026
Sale price range
$25.00–$25.28 per share
Price range for the reported share sales
Shares owned after sale
9,771,529 shares
Direct Class A holdings following transaction
Net shares sold
327,046 shares
Net-sell direction per transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this line item 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."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title: Class A Common Stock"
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.
FAQ
What did Figma (FIG) CTO Kris Rasmussen report in this Form 4 filing?
Kris Rasmussen reported an open-market sale of Figma Class A shares. He sold 327,046 shares and continues to hold 9,771,529 shares directly, according to the Form 4 transaction details and post-transaction ownership disclosure.
Does Kris Rasmussen still hold a significant stake in Figma (FIG) after this sale?
Yes. After the reported sale, Rasmussen directly owns 9,771,529 shares of Figma Class A Common Stock. The filing lists this post-transaction total, showing he retains a substantial equity position in the company.