Research Summary
AI-generated summary of this SEC filing
Figma CTO Kris Rasmussen Sells 51,359 Shares
What Happened Kris Rasmussen, Chief Technology Officer of Figma, sold 51,359 shares on February 25, 2026, generating proceeds of approximately $1,541,017. The transaction is reported as a sale (S) and appears to have been executed under a pre-established trading arrangement.
Key Details
- Transaction date: 2026-02-25; reported on Form 4 filed 2026-02-27 (timely filing).
- Price: weighted average $30.00 per share; sale prices ranged from $30.00 to $30.07.
- Proceeds: $1,541,017 (approx.).
- Shares owned after transaction: not disclosed in this Form 4.
- Footnotes: sale was made pursuant to a Rule 10b5-1 trading plan adopted Aug 6, 2025 (F1). Filer reports a weighted average price and range and will provide a price-by-price breakdown on request (F2).
Context Sales executed under Rule 10b5-1 plans are typically preplanned and may be routine portfolio-management transactions; they do not, by themselves, indicate the insider’s current view of company prospects. Retail investors often view purchases as more informative of insider sentiment than routine sales.