STOCK TITAN

Figma (FIG) CTO Form 4: 18,211 shares sold, 11.1M still owned

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

Rhea-AI Filing Summary

Figma, Inc. (FIG) reported an insider sale by its Chief Technology Officer. The CTO sold 18,211 shares of Class A common stock on 12/01/2025 at a weighted average price of $35.4481 per share. According to the disclosure, these shares were sold solely to cover tax withholding obligations tied to the vesting and settlement of restricted stock units, and were executed as "sell to cover" transactions rather than discretionary sales.

After this transaction, the reporting person still beneficially owns 11,071,632 shares of Figma Class A common stock directly. The weighted average price reflects block trades for multiple security holders at prices ranging from $34.26 to $36.09, and detailed pricing information is available upon request.

Positive

  • None.

Negative

  • None.
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 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)
12/01/2025
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 12/01/2025 S(1) 18,211 D $35.4481(2) 11,071,632 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 $34.26 to $36.09, 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.
/s/ Brendan Mulligan, Attorney-in-Fact 12/03/2025
** 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, Inc. (FIG) disclose in this Form 4?

The filing reports that Figma's Chief Technology Officer sold 18,211 shares of Class A common stock on 12/01/2025.

At what price were the Figma (FIG) shares sold by the CTO?

The reported sale was at a weighted average price of $35.4481 per share, based on block trades between $34.26 and $36.09.

Why did the Figma CTO sell 18,211 shares?

The sale was made to cover tax withholding obligations related to vesting and settlement of restricted stock units and is described as a "sell to cover" transaction, not a discretionary sale.

How many Figma (FIG) shares does the reporting person own after the transaction?

Following the transaction, the reporting person beneficially owns 11,071,632 shares of Figma Class A common stock directly.

Who is the reporting person in this Figma (FIG) Form 4?

The reporting person is identified as an officer of Figma, serving as Chief Technology Officer.

Were the Figma (FIG) insider sales part of discretionary trading?

The filing explains that the sales were made to satisfy tax withholding obligations via a "sell to cover" arrangement and do not represent discretionary transactions by the reporting person.
Figma

NYSE:FIG

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FIG Stock Data

15.66B
36.94M
50.52%
50.68%
1.31%
Software - Application
Services-prepackaged Software
Link
United States
SAN FRANCISCO