Figma Chief Technology Officer Kris Rasmussen sold approximately 261,000 shares of Figma Inc. at $25.07 per share on July 29, 2026, for a total transaction value of about $6.6 million. The sale was executed under a Rule 10b5-1 trading plan established in August 2025, which allows insiders to schedule sales in advance for personal liquidity needs. Following the transaction, Rasmussen retains roughly 9.5 million shares directly, representing a 0.0008% ownership stake in the company. Figma, which develops collaborative browser-based design software, reported trailing-twelve-month revenue of $1.2 billion and a net loss of $1.5 billion, and its stock has declined 79% over the past year amid broader concerns about artificial intelligence impacting SaaS demand. The company recently announced Rasmussen will transition from Chief Technology Officer to Chief Architect.
Figma, Inc.Insider sale of 261,000 shares under pre-arranged plan, though small relative to holdings, adds supply and may signal insider sentiment.
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