Figma (FIG) CTO Kris Rasmussen has 8,641 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rasmussen Kris
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 8,641 | $25.50 | $220K |
Holdings After Transaction:
Class A Common Stock — 9,762,888 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 8,641 shares
Withholding price per share: $25.50 per share
Shares held after transaction: 9,762,888 shares
3 metrics
Shares withheld for taxes
8,641 shares
Class A Common Stock withheld on 2026-06-01
Withholding price per share
$25.50 per share
Value used for tax-withholding disposition
Shares held after transaction
9,762,888 shares
Direct Class A holdings following tax withholding
Key Terms
restricted stock units, tax withholding liabilities, Class A Common Stock, tax-withholding disposition
4 terms
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.
tax withholding liabilities financial
"withheld by the Issuer to satisfy tax withholding liabilities"
Class A Common Stock financial
"shares of Class A Common Stock withheld by the Issuer"
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Figma (FIG) CTO Kris Rasmussen report in this Form 4?
Kris Rasmussen reported that 8,641 Figma Class A shares were withheld to cover tax obligations from restricted stock units. This was an automatic tax-withholding event, not an open-market sale, and he continued to hold a much larger share position afterward.
Was the Figma (FIG) CTO’s Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Figma withheld 8,641 Class A shares to cover Kris Rasmussen’s tax liabilities linked to restricted stock units, a routine administrative step in equity compensation.
What does transaction code F mean in the Figma (FIG) CTO’s Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to the issuer to pay tax or exercise costs. Here, 8,641 Figma Class A shares were withheld to satisfy Kris Rasmussen’s tax liabilities on restricted stock units.