Figma (FIG) CTO Kris Rasmussen Sells 261,301 Shares

What Happened Kris Rasmussen, Chief Technology Officer of Figma, sold 261,301 shares of Figma common stock on July 29, 2026, in an open-market disposition. The weighted average sale price was $25.07, generating proceeds of approximately $6,550,450. This was a sale (not a purchase or option exercise) and was effected under a pre-established trading plan.

Key Details

• Transaction date: 2026-07-29; Form 4 filed 2026-07-31 (filed timely).
• Shares sold: 261,301; weighted average price: $25.07; total proceeds: ~$6,550,450.
• Reported price range: $25.00 (low) to $25.33 (high). Reporting person offered to provide a breakdown of how many shares sold at each price upon request.
• Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan adopted on August 6, 2025.
• Shares owned after the transaction: not disclosed in this filing.

Context This was a routine insider sale executed under a 10b5-1 plan, which is a preset trading arrangement that allows insiders to sell shares at scheduled times and is generally viewed as reducing the likelihood that the sale was motivated by current, undisclosed company information. Sales do not necessarily imply negative views on the company; purchases tend to be more informative about insider confidence.