Figma CTO Kris Rasmussen Withholds 8,641 Shares for Taxes

What Happened Kris Rasmussen, Chief Technology Officer of Figma (FIG), had 8,641 shares of Class A common stock withheld by the company to satisfy tax withholding liabilities related to the net settlement of vested restricted stock units. The shares were withheld at an effective price of $25.50 per share, a disposition valued at $220,346. This was a tax-withholding/net-settlement event rather than an open-market sale.

Key Details

• Transaction date: 2026-06-01; Effective price: $25.50 per share; Total value: $220,346.
• Transaction type/code: Tax withholding in connection with RSU settlement (code F).
• Shares owned after the transaction: Not specified in the filing.
• Footnote: The issuer withheld shares to satisfy tax withholding liabilities for net-settled restricted stock units (F1).
• Filing date: 2026-06-03 (filed within the normal Form 4 reporting window; not marked late).

Context This was a routine tax-withholding/net-settlement of RSUs, common when restricted awards vest. It is not an open-market sale or purchase and therefore generally provides limited information about the insider’s view of the company’s prospects.