Figma, Inc.·4

Jul 6, 5:03 PM ET

Rasmussen Kris 4

Research Summary

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Figma (FIG) CTO Kris Rasmussen Sells 8,641 Shares for Taxes

What Happened
Kris Rasmussen, Chief Technology Officer of Figma, reported that 8,641 shares of Class A common stock were disposed on July 1, 2026 to satisfy tax withholding obligations tied to the net settlement of restricted stock units. The shares are reported at $18.09 per share, for a total value of $156,316. This was a withholding of shares for taxes (routine) rather than an open-market sale or a purchase.

Key Details

  • Transaction date: 2026-07-01
  • Price reported: $18.09 per share
  • Shares involved: 8,641 (disposed/withheld)
  • Reported value: $156,316
  • Footnote: F1 — shares withheld by the issuer to satisfy tax withholding in connection with net settlement of RSUs.
  • Filing date: 2026-07-06 — appears to be within the SEC’s two-business-day window given the July 3 holiday observance.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.

Context
This was a tax-withholding disposition tied to RSU net settlement (not a voluntary market sale). Such transactions are common for executives when equity awards vest and generally reflect routine tax withholding rather than a signal of confidence or lack thereof in the company.