Form 4: Figma CTO sells 73,738; holds 11,378,919 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Figma (FIG) disclosed an insider transaction by its Chief Technology Officer. On 11/03/2025, the CTO sold 73,738 Class A shares coded “S (1)”. The filing states these sales were executed solely to cover tax withholding obligations tied to the vesting and settlement of restricted stock units and were not discretionary.
The weighted average sale price was $48.1713, with trades ranging from $47.47 to $50.04. Following the transaction, the reporting person beneficially owns 11,378,919 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 73,738 shares ($3,552,055)
Net Sell
1 txn
Insider
Rasmussen Kris
Role
Chief Technology Officer
Sold
73,738 shs ($3.55M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 73,738 | $48.1713 | $3.55M |
Holdings After Transaction:
Class A Common Stock — 11,378,919 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 $47.47 to $50.04, 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 did Figma (FIG) report in this Form 4?
An insider sale by the Chief Technology Officer of 73,738 Class A shares on 11/03/2025.
What price did the Figma (FIG) insider sale achieve?
A weighted average price of $48.1713, with trades from $47.47 to $50.04.
What is the insider’s role at Figma (FIG)?
The reporting person serves as Chief Technology Officer.
What transaction code was used in the Form 4?
The filing lists transaction code S (1), indicating a sale with the provided explanatory note.
Were the sales part of multiple trades?
Yes. The filing notes block trades for multiple security holders at the stated price range.