Rasmussen Kris 4
4 · Figma, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Figma (FIG) CTO Kris Rasmussen Sells 327,046 Shares
What Happened
Kris Rasmussen, Chief Technology Officer of Figma, reported the sale of 327,046 shares on May 19, 2026. The weighted-average sale price was $25.07, generating proceeds of $8,199,501. This was a sale (S) rather than a purchase, so it represents disposition of holdings rather than an insider buy.
Key Details
- Transaction date: May 19, 2026 (reported on Form 4 filed May 21, 2026) — filing appears timely under the Form 4 two-business-day rule.
- Prices: weighted-average $25.07; range $25.00 (low) to $25.28 (high). The filer will provide a per-price breakdown on request (see footnote).
- Total shares sold: 327,046; total proceeds: $8,199,501.
- Shares owned after transaction: not disclosed in the information provided.
- Footnotes: sales were effected pursuant to a Rule 10b5-1 trading plan adopted August 6, 2025 (pre-arranged trading plan). Footnote also notes the weighted-average price and offers a per-price breakdown upon request.
Context
This was an open-market/private sale executed under a pre-established 10b5-1 plan, which typically authorizes trades according to a schedule and is intended to insulate the insider from timing accusations. Sales are common and do not necessarily signal the insider’s view of the company; purchases generally carry more informational weight for investors.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-19$25.07/sh−327,046$8,199,501→ 9,771,529 total
Footnotes (2)
- [F1]The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 6, 2025.
- [F2]Represents the weighted average sale price. The lowest price at which shares were sold was $25.00 and the highest price at which shares were sold was $25.28. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.