Figma (FIG) CTO discloses December 2025 insider Class A stock sales

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Figma, Inc. (FIG) Chief Technology Officer reported multiple open-market sales of Class A common stock. On 12/03/2025, the reporting person sold 66,088 shares at a weighted average price of $36.0804, 95,480 shares at a weighted average price of $37.026, and 15,819 shares at a weighted average price of $37.4514, each coded as a sale.

The filing notes that these transactions were made under a Rule 10b5-1 trading plan adopted on August 6, 2025. After the reported sales, the CTO beneficially owned 10,894,245 shares of Figma Class A common stock, held directly.

Insights

CTO sells shares under a pre-set 10b5-1 plan; ownership remains large, impact appears limited.

The filing shows the **Chief Technology Officer** of **Figma, Inc.** selling several tranches of **Class A Common Stock** on 12/03/2025, coded as "S" for sale. The transactions totaled 66,088, 95,480, and 15,819 shares, at weighted average prices of about $36.0804, $37.026, and $37.4514. After these trades, the reporting person directly holds **10,894,245** Class A shares, indicating a continuing, substantial stake.

The sales were executed under a **Rule 10b5-1 trading plan** adopted on August 6, 2025. Such plans are pre-arranged and are designed to provide an affirmative defense against claims of trading on non-public information, which can reduce concern that the trades reflect new, undisclosed developments. The filing also discloses low and high prices for each range and offers to provide full breakdowns upon request, which supports transparency around execution details.

The key item to watch is whether similar scheduled sales continue under this plan and how the direct holding level changes in future Form 4 filings. Repeated sales that meaningfully reduce the remaining **10.89 million** share position over the coming quarters could change the perception of insider exposure, while a stable or slowly declining position would suggest more routine diversification or liquidity management. For now, this single set of plan-based sales signals limited practical impact.

Insider Trade Summary

Net Seller: 177,387 shares ($6,512,168)

Net Sell 3 txns

Insider Rasmussen Kris

Role Chief Technology Officer

Sold 177,387 shs ($6.51M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	66,088	$36.0804	$2.38M
Sale	Class A Common Stock	95,480	$37.026	$3.54M
Sale	Class A Common Stock	15,819	$37.4514	$592K

Holdings After Transaction: Class A Common Stock — 11,005,544 shares (Direct)

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 $35.425 and the highest price at which shares were sold was $36.41. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $36.42 and the highest price at which shares were sold was $37.41. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $37.42 and the highest price at which shares were sold was $37.49. 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.

Form 4 Insider Transactions: What Each Field Means →

12/05/2025 - 07:08 PM

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

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)
12/03/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/03/2025		S⁽¹⁾		66,088	D	$36.0804⁽²⁾	11,005,544	D
Class A Common Stock	12/03/2025		S⁽¹⁾		95,480	D	$37.026⁽³⁾	10,910,064	D
Class A Common Stock	12/03/2025		S⁽¹⁾		15,819	D	$37.4514⁽⁴⁾	10,894,245	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. Represents the weighted average sale price. The lowest price at which shares were sold was $35.425 and the highest price at which shares were sold was $36.41. 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.

3. Represents the weighted average sale price. The lowest price at which shares were sold was $36.42 and the highest price at which shares were sold was $37.41. 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.

4. Represents the weighted average sale price. The lowest price at which shares were sold was $37.42 and the highest price at which shares were sold was $37.49. 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.

	/s/ Brendan Mulligan, Attorney-in-Fact	12/05/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Figma (FIG) report in this Form 4?

The Form 4 reports that Figma's Chief Technology Officer sold Class A common stock in three transactions on 12/03/2025 at different weighted average prices.

How many Figma (FIG) shares did the CTO sell on December 3, 2025?

The CTO sold 66,088 shares at $36.0804, 95,480 shares at $37.026, and 15,819 shares at $37.4514, all of Figma Class A common stock.

What trading plan governed the Figma (FIG) CTO's stock sales?

The sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2025.

How many Figma (FIG) shares does the CTO beneficially own after these sales?

Following the reported transactions, the CTO beneficially owned 10,894,245 shares of Figma Class A common stock, held directly.

What were the price ranges for the Figma (FIG) CTO's December 3, 2025 sales?

For the $36.0804 weighted average sale, prices ranged from $35.425 to $36.41; for $37.026, from $36.42 to $37.41; and for $37.4514, from $37.42 to $37.49.

What is the reporting person's role and relationship to Figma (FIG)?

The reporting person is an officer of Figma, Inc., serving as Chief Technology Officer, and files individually on this Form 4.