STOCK TITAN

Figma (FIG) CTO has 8,641 shares withheld to cover RSU tax bill

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. Chief Technology Officer Kris Rasmussen reported a tax-related share disposition tied to restricted stock units. The company withheld 8,641 shares of Class A Common Stock at $21.14 per share to cover tax withholding liabilities from an RSU net settlement. After this withholding, Rasmussen directly holds 10,160,537 Class A shares, indicating this was an administrative tax event rather than an open-market trade.

Positive

  • None.

Negative

  • None.
Insider Rasmussen Kris
Role Chief Technology Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 8,641 $21.14 $183K
Holdings After Transaction: Class A Common Stock — 10,160,537 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 8,641 shares Class A Common Stock withheld for RSU tax liabilities
Withholding share price $21.14/share Value applied to withheld RSU shares
Shares held after transaction 10,160,537 shares Direct Class A holdings after tax withholding
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
"The transaction represents the number of shares of Class A Common Stock withheld"
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.
SEC Form 4
FORM 4UNITED 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 CALIFORNIA 94102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Figma, Inc. [ FIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026F(1)8,641D$21.1410,160,537D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Brendan Mulligan, Attorney-in-Fact04/23/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Figma (FIG) CTO Kris Rasmussen report in this Form 4?

Kris Rasmussen reported shares withheld to cover taxes on vested RSUs. 8,641 Class A shares were retained by Figma at $21.14 per share, a non-market tax-withholding event rather than a traditional stock sale.

Was the Figma (FIG) Form 4 transaction an open-market stock sale?

No, it was not an open-market sale. The Form 4 shows shares withheld by Figma to satisfy tax withholding liabilities from restricted stock units, a standard administrative step when equity awards vest.

How many Figma (FIG) shares does Kris Rasmussen hold after this transaction?

Following the tax withholding, Kris Rasmussen directly holds 10,160,537 shares of Figma Class A Common Stock. This figure reflects his updated ownership after 8,641 shares were withheld for RSU-related taxes.

What price was used for the Figma (FIG) RSU tax withholding shares?

The withheld shares were valued at $21.14 per share. This price was applied to the 8,641 Class A shares used to satisfy the tax withholding obligations arising from the net settlement of restricted stock units.

What does “net settlement of restricted stock units” mean for Figma (FIG)?

Net settlement means some vested RSU shares are withheld rather than delivered to the executive. For Figma, 8,641 shares of Class A stock were withheld to cover Kris Rasmussen’s RSU-related tax liabilities instead of him receiving all vested shares.