Figma (FIG) CTO Kris Rasmussen Sells 205,438 Shares

What Happened

Kris Rasmussen, Chief Technology Officer of Figma (FIG), sold 205,438 shares on February 10, 2026, generating approximately $5,138,559 in proceeds. The reported weighted-average sale price was $25.01 per share (range $25.00–$25.09). The filing characterizes the transaction as an open market or private sale.

Key Details

• Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (timely — within the standard 2-business-day window).
• Shares sold: 205,438; weighted-average price: $25.01; total proceeds: $5,138,559.
• Price range reported: $25.00 (low) to $25.09 (high). The filer offers to provide the number of shares sold at each price on request (see footnote F2).
• Sale executed pursuant to a Rule 10b5-1 trading plan adopted August 6, 2025 (footnote F1).
• Shares owned after the transaction: not specified in the excerpt provided.
• Transaction type code: S = Sale (open market or private sale).

Context

A 10b5-1 plan means the sales were pre-arranged and scheduled in advance, which often indicates routine disposal rather than a spontaneous move based on new company information. Sales provide less clear bullish/bearish signals than purchases; this filing documents a planned liquidity event rather than an acquisition of additional shares.