Figma CTO has shares withheld for tax obligations
Figma, Inc. Chief Technology Officer Kris Rasmussen reported a tax-related share disposition.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Figma, Inc. Chief Technology Officer Kris Rasmussen reported a tax-related share disposition. On 2026-06-01, 8,641 shares of Class A Common Stock were withheld by the company to cover tax withholding liabilities tied to the net settlement of restricted stock units.
This was not an open-market sale, but an automatic share withholding for taxes. After this transaction, Rasmussen directly held 9,762,888 shares of Class A Common Stock, so the withheld amount represents a small portion of his overall position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 8,641 | $25.50 | $220K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
tax withholding liabilities financial
Class A Common Stock financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Figma (FIG) CTO Kris Rasmussen report in this Form 4?
Was the Figma (FIG) CTO’s Form 4 transaction an open-market stock sale?
What does transaction code F mean in the Figma (FIG) CTO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.