Figma, Inc. (FIG) CTO withholds 61,962 shares to settle RSU tax liability
Rhea-AI Filing Summary
Figma, Inc. reported that Chief Technology Officer Kris Rasmussen had 61,962 shares of Class A Common Stock withheld on 2026-08-01 at $24.32 per share to satisfy tax withholding liabilities from the net settlement of restricted stock units. After this tax-withholding disposition, he directly holds 9,430,984 shares of Class A Common Stock.
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Insights
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Insider Trade Summary
Net Seller: 61,962 shares
Net Sell
1 txn
Insider
Rasmussen Kris
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 61,962 | $24.32 | $1.51M |
Holdings After Transaction:
Class A Common Stock — 9,430,984 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares withheld for taxes: 61,962 shares
Per-share value of withheld shares: $24.32 per share
Shares held after transaction: 9,430,984 shares
+1 more
4 metrics
Shares withheld for taxes
61,962 shares
Class A Common Stock withheld on 2026-08-01 to satisfy tax withholding liabilities
Per-share value of withheld shares
$24.32 per share
Value applied to 61,962 withheld shares of Class A Common Stock
Shares held after transaction
9,430,984 shares
Directly held Class A Common Stock following the tax-withholding disposition
Tax-liability-related share count in filing summary
61,962 shares
ExercisePriceOrTaxLiabilityShares reported in transaction summary
Key Terms
restricted stock units, net settlement, tax withholding liabilities, Class A Common Stock
4 terms
restricted stock units financial
"in connection with the net settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"in connection with the net settlement of restricted stock units"
tax withholding liabilities financial
"withheld by the Issuer to satisfy tax withholding liabilities"
Class A Common Stock financial
"shares of Class A Common Stock withheld by the Issuer"
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 CTO Kris Rasmussen?
Figma reported that CTO Kris Rasmussen had 61,962 shares of Class A Common Stock withheld on 2026-08-01 at $24.32 per share to cover tax withholding liabilities related to net-settled restricted stock units, rather than an open-market sale.
Does the Figma (FIG) filing indicate a Rule 10b5-1 trading plan for this transaction?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative. The transaction is described as shares withheld to satisfy tax withholding liabilities on net-settled restricted stock units, with no indication that it was executed under a Rule 10b5-1 trading plan.