Rasmussen Kris 4

What Happened

• Kris Rasmussen, Chief Technology Officer of Figma, had 61,962 shares of Class A Common Stock withheld on May 1, 2026 to satisfy tax withholding obligations tied to the net settlement of restricted stock units. The withholding was reported as a disposition at $17.70 per share, totaling $1,096,727. This was a tax-withholding transaction (not an open‑market sale).

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (timely — within the usual two business days)
• Transaction type/code: Tax withholding on net settlement of RSUs (code F)
• Shares withheld/disposed: 61,962 at $17.70 each; total value $1,096,727
• Shares owned after transaction: Not specified in the provided filing
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding liabilities in connection with net settlement of restricted stock units

Context

• Withholding shares to cover taxes on vested RSUs is a routine administrative step and is different from an open‑market sale — it reduces the issued shares delivered to the insider rather than signaling a sell decision.