Figma CTO has 61,962 shares withheld for tax

Figma, Inc. Chief Technology Officer Kris Rasmussen reported a routine tax-withholding share disposition.

Accepted by SEC EDGAR 05/05/2026 - 06:27 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Figma, Inc. Chief Technology Officer Kris Rasmussen reported a routine tax-withholding share disposition. On May 1, 2026, 61,962 shares of Class A Common Stock were withheld at $17.70 per share to cover tax liabilities tied to the net settlement of restricted stock units.

This was not an open-market sale; the issuer retained the shares to satisfy taxes. After this transaction, Rasmussen directly owned 10,098,575 Class A shares, indicating he continues to hold a very large equity stake in the company.

Insider Trade Summary

Exercise Price or Tax Liability: 61,962 shares

Exercise Price or Tax Liability 1 txn

Insider Rasmussen Kris

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	61,962	$17.70	$1.10M

Holdings After Transaction: Class A Common Stock — 10,098,575 shares (Direct)

Footnotes (1)

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

Shares withheld for taxes: 61,962 shares Withholding price per share: $17.70/share Shares held after transaction: 10,098,575 shares

3 metrics

Shares withheld for taxes 61,962 shares Class A Common Stock withheld on May 1, 2026

Withholding price per share $17.70/share Value used for tax-withholding disposition

Shares held after transaction 10,098,575 shares Direct Class A Common Stock ownership after withholding

Key Terms

restricted stock units, net settlement, tax withholding liabilities, Class A Common Stock

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.

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

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Figma (FIG) report for Kris Rasmussen?

Figma reported that CTO Kris Rasmussen had 61,962 Class A shares withheld to pay taxes. The shares were retained by the company in connection with restricted stock units, rather than sold on the open market, as part of a routine tax-withholding transaction.

Was the Figma (FIG) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The 61,962 Class A shares were withheld by Figma to satisfy tax withholding liabilities from restricted stock units, meaning the company took the shares for taxes instead of Rasmussen selling them to other investors.

How many Figma (FIG) shares were withheld for Kris Rasmussen’s taxes?

A total of 61,962 shares of Figma Class A Common Stock were withheld. The withholding occurred at a price of $17.70 per share to satisfy tax liabilities arising from the net settlement of restricted stock units granted to Rasmussen as part of his compensation.

How many Figma (FIG) shares does Kris Rasmussen hold after this Form 4?

Following the tax-withholding transaction, Kris Rasmussen directly holds 10,098,575 shares of Figma Class A Common Stock. This post-transaction balance reflects his continuing large ownership position after the company withheld 61,962 shares to cover associated tax obligations.

What does the Form 4 say about Kris Rasmussen’s restricted stock units at Figma (FIG)?

The Form 4 notes that shares were withheld to cover taxes from the net settlement of restricted stock units. This indicates RSUs vested and were settled in shares, with a portion automatically used to pay tax liabilities instead of being sold in the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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).

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/01/2026		F(1)		61,962	D	$17.7	10,098,575	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 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-Fact	05/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)