Figma (FIG) ex-CTO Rasmussen sells 196K shares under 10b5-1 plan
Rhea-AI Filing Summary
Figma, Inc. executive Kris Rasmussen, Former Chief Technology Off., reported selling 196,397 shares of Class A Common Stock on August 4, 2026 at a weighted average price of $25.5319 per share in open market or private transactions under a Rule 10b5-1 trading plan, leaving 9,234,587 shares owned directly.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 196,397 shares
Net Sell
1 txn
Insider
Rasmussen Kris
Role
Former Chief Technology Off.
Sold
196,397 shs ($5.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 196,397 | $25.5319 | $5.01M |
Holdings After Transaction:
Class A Common Stock — 9,234,587 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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 $25.66. 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: 196,397 shares
Weighted average sale price: $25.5319 per share
Sale price range low: $25.00 per share
+2 more
5 metrics
Shares sold
196,397 shares
Class A Common Stock sold on August 4, 2026
Weighted average sale price
$25.5319 per share
Average price for the reported sale transactions
Sale price range low
$25.00 per share
Lowest price at which shares were sold in the transaction range
Sale price range high
$25.66 per share
Highest price at which shares were sold in the transaction range
Shares owned after transaction
9,234,587 shares
Direct ownership of Class A Common Stock following the sale
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan financial
"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. The lowest price at which shares were sold"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Figma (FIG) executive Kris Rasmussen report?
Kris Rasmussen reported a sale of 196,397 shares of Figma Class A Common Stock. The transaction was executed on August 4, 2026 in open market or private transactions under a Rule 10b5-1 trading plan.
Was the Figma (FIG) stock sale by Kris Rasmussen under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan. The footnotes specify that this trading plan was adopted on August 6, 2025 by the reporting person.
What role does Kris Rasmussen hold in relation to Figma (FIG)?
Kris Rasmussen is identified as a Former Chief Technology Officer of Figma, Inc. in the filing. He is not listed as a director or 10% beneficial owner in this specific Form 4 report.