Figma CTO Kris Rasmussen Withholds 19,037 Shares for Taxes

What Happened
Kris Rasmussen, Chief Technology Officer of Figma, reported that 19,037 shares of Class A common stock were disposed on March 1, 2026, at an effective price of $29.39 per share, totaling $559,497. The disposition reflects shares withheld by the issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units (RSUs), not an open-market sale.

Key Details

• Transaction date: 2026-03-01; Price: $29.39 per share; Shares: 19,037; Value: $559,497.
• Transaction code: F — shares withheld to satisfy tax withholding.
• Footnote: Issuer withheld these shares to cover tax withholding in connection with net settlement of RSUs.
• Filing date: 2026-03-03 (the Form 4 was filed two days after the transaction date and appears to be timely).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context
This was a tax-withholding/net-settlement transaction tied to RSU vesting — a routine administrative disposition that does not necessarily signal a view on company prospects. Unlike an open-market sale, withheld shares are retained by the issuer to cover tax obligations rather than being sold into the market.