STOCK TITAN

Figma (FIG) CTO discloses planned stock sales and tax-related trades

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc.’s Chief Technology Officer reported multiple sales of Class A common stock. On 01/02/2026, the reporting person sold 7,235 shares at a weighted average price of $36.8967 and 7,017 shares at a weighted average price of $37.5285. On 01/05/2026, additional sales included 119,406 shares at a weighted average price of $36.971, 53,277 shares at a weighted average price of $37.6924, and 8,662 shares at a weighted average price of $38.3831.

The filing states that some sales on 01/02/2026 were made to cover tax withholding obligations linked to vesting and settlement of restricted stock units, and certain 01/05/2026 sales were effected under a Rule 10b5‑1 trading plan adopted on August 6, 2025. Following these transactions, the reporting person beneficially owned 10,698,648 shares of Figma Class A common stock.

Positive

  • None.

Negative

  • None.
Insider Rasmussen Kris
Role Chief Technology Officer
Sold 195,597 shs ($7.29M)
Type Security Shares Price Value
Sale Class A Common Stock 119,406 $36.971 $4.41M
Sale Class A Common Stock 53,277 $37.6924 $2.01M
Sale Class A Common Stock 8,662 $38.3831 $332K
Sale Class A Common Stock 7,235 $36.8967 $267K
Sale Class A Common Stock 7,017 $37.5285 $263K
Holdings After Transaction: Class A Common Stock — 10,760,587 shares (Direct)
Footnotes (1)
  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 $36.25 to $37.243, 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. 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 $37.25 to $38.02, 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. 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 $36.30 and the highest price at which shares were sold was $37.29. 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 $37.30 and the highest price at which shares were sold was $38.29. 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 $38.30 and the highest price at which shares were sold was $38.52. 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.
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).
X
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 CA 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)
01/02/2026
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)
Code V Amount (A) or (D) Price
Class A Common Stock 01/02/2026 S(1) 7,235 D $36.8967(2) 10,887,010 D
Class A Common Stock 01/02/2026 S(1) 7,017 D $37.5285(3) 10,879,993 D
Class A Common Stock 01/05/2026 S(4) 119,406 D $36.971(5) 10,760,587 D
Class A Common Stock 01/05/2026 S(4) 53,277 D $37.6924(6) 10,707,310 D
Class A Common Stock 01/05/2026 S(4) 8,662 D $38.3831(7) 10,698,648 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. 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 $36.25 to $37.243, 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.
3. 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 $37.25 to $38.02, 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.
4. 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.
5. Represents the weighted average sale price. The lowest price at which shares were sold was $36.30 and the highest price at which shares were sold was $37.29. 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.
6. Represents the weighted average sale price. The lowest price at which shares were sold was $37.30 and the highest price at which shares were sold was $38.29. 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.
7. Represents the weighted average sale price. The lowest price at which shares were sold was $38.30 and the highest price at which shares were sold was $38.52. 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 01/06/2026
** 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.

FAQ

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

The Chief Technology Officer of Figma, Inc. reported several sales of Class A common stock on 01/02/2026 and 01/05/2026, with each sale listed by number of shares and weighted average sale price.

How many Figma (FIG) shares does the reporting person hold after these trades?

After the reported transactions, the reporting person beneficially owned 10,698,648 shares of Figma Class A common stock, as stated in the filing.

Why were some of the Figma (FIG) shares sold on January 2, 2026?

The explanation notes that certain sales on 01/02/2026 were made to cover tax withholding obligations arising from the vesting and settlement of restricted stock units, using a “sell to cover” transaction.

Were any of the Figma (FIG) insider sales made under a Rule 10b5-1 plan?

Yes. The filing states that sales reported in one line item for 01/05/2026 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2025.

What were the price ranges for the reported Figma (FIG) stock sales?

The filing describes several weighted average prices and notes that shares were sold in ranges including $36.25 to $37.243, $37.25 to $38.02, $36.30 to $37.29, $37.30 to $38.29, and $38.30 to $38.52, depending on the line item.

What is the role of the reporting person in Figma (FIG)?

The reporting person is identified as an officer of Figma, Inc., serving as the company’s Chief Technology Officer.