Rasmussen Kris 4

What Happened
Kris Rasmussen, Chief Technology Officer of Figma, had 8,641 shares of Class A Common Stock withheld on April 1, 2026 to satisfy tax withholding related to the net settlement of restricted stock units. The shares were valued at $21.14 each for a total of approximately $182,671. This was a tax-withholding/net-settlement action (not an open-market sale).

Key Details

• Transaction date: 2026-04-01
• Transaction type/code: Tax withholding on net RSU settlement (code F)
• Shares withheld: 8,641
• Price per share: $21.14
• Reported value: ~$182,671
• Shares owned after transaction: Not disclosed in the filing
• Filing date: 2026-04-23 (filed 22 days after the transaction; beyond the typical 2-business-day Form 4 window)
• Footnote: "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."

Context
Tax-withholding via share retention after RSU settlement is a routine administrative step and is not the same as an open-market sale. Such withholdings are common and generally do not signal insider sentiment in the same way that voluntary purchases or sales might.