Rasmussen Kris 4
Research Summary
AI-generated summary
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.