Form 4: Figma CTO Sells Shares for Tax Withholding

Figma's Chief Technology Officer, Kris Rasmussen, disposed of 35,892 Class A Common Stock shares to cover tax liabilities from restricted stock unit settlements.

Summary

• Kris Rasmussen, Chief Technology Officer of Figma, Inc. [FIG], reported a transaction on October 1, 2025.
• The transaction involved the disposition of 35,892 shares of Class A Common Stock.
• The shares were disposed of at a price of $51.87 per share.
• This disposition was identified as a tax withholding (Transaction Code 'F') related to the net settlement of restricted stock units.
• Following this transaction, Kris Rasmussen beneficially owns 11,452,657 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction for tax withholding related to equity compensation, which is neutral in terms of company performance or outlook.

Negatives

• Kris Rasmussen's direct beneficial ownership of Class A Common Stock decreased by 35,892 shares due to tax withholding.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Insider transactions, particularly those related to tax withholdings from equity compensation, are common occurrences in publicly traded companies. They reflect the routine processing of executive compensation and are generally not indicative of changes in company fundamentals or insider sentiment.

Comparison to Industry Standards

• The disposition of shares for tax withholding upon the vesting of restricted stock units is a standard practice across industries for executive compensation, aligning with typical equity compensation plans.

Stakeholder Impact

• Shareholders: A minor, routine reduction in insider ownership, not typically seen as a significant indicator of company health or future prospects.
• Employees: Reflects standard equity compensation practices for executives.

Key Dates

Keywords

Figma, FIG, Kris Rasmussen, CTO, Insider Transaction, Form 4, Tax Withholding, Restricted Stock Units, Equity Compensation