STOCK TITAN

Figma (FIG) CTO has shares withheld to cover RSU tax obligations

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Figma, Inc. Chief Technology Officer Kris Rasmussen reported a tax-related share disposition tied to equity compensation. The transaction involved 8,641 shares of Class A Common Stock that were withheld by the company at a price of $18.09 per share to cover tax withholding liabilities from the net settlement of restricted stock units. After this withholding, Rasmussen directly holds 9,754,247 shares of Class A Common Stock, indicating this was a routine administrative event rather than an open-market sale.

Positive

  • None.

Negative

  • None.
Insider Rasmussen Kris
Role Chief Technology Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 8,641 $18.09 $156K
Holdings After Transaction: Class A Common Stock — 9,754,247 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 8,641 shares Class A Common Stock withheld for tax liabilities on RSUs
Per-share value of withheld shares $18.09 per share Value used for the 8,641 withheld shares
Shares held after transaction 9,754,247 shares Direct Class A Common Stock holdings after tax withholding
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 in connection"
Class A Common Stock financial
"The transaction represents the number of shares of Class A Common Stock withheld"
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.
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FAQ

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

Kris Rasmussen reported a tax-related disposition of 8,641 Class A shares. The shares were withheld by Figma to satisfy tax liabilities from the net settlement of restricted stock units, rather than sold on the open market.

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

No, the transaction was not an open-market sale. The 8,641 Class A shares were withheld by Figma to cover tax withholding obligations arising from restricted stock unit settlement, a common administrative equity compensation process.

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

After the tax-withholding transaction, Kris Rasmussen directly holds 9,754,247 shares of Figma Class A Common Stock. This indicates the withheld 8,641 shares represent a very small portion of his overall reported direct holdings.

What was the price used for the withheld Figma (FIG) shares in this transaction?

The withheld 8,641 Class A shares were valued at $18.09 per share. This price is used in the Form 4 to calculate the value of shares applied to satisfy Rasmussen’s tax withholding obligations related to restricted stock units.

What does the Form 4 tax-withholding disposition mean for Figma (FIG) investors?

The Form 4 reflects routine tax withholding on equity compensation, not a discretionary sale. Shares were withheld to cover Kris Rasmussen’s tax liabilities from restricted stock units, which is generally considered an administrative event rather than a signal about Figma’s prospects.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/01/2026F(1)8,641D$18.099,754,247D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact07/06/2026
** Signature of Reporting PersonDate
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)