Figma CTO Affiliate Trust Files Intent to Sell $485k in Stock
Figma, Inc.
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Filing Summary
Figma CTO Affiliate Trust Files Intent to Sell $485k in Stock
Company: Figma, Inc. (N/A) Form: 144 | Filed: 2026-01-15 Significance: Low
Insider: OLIVIA MAE RASMUSSEN IRREV TRUST U/A DTD 05/16/2025 Title: Chief Technology Officer (Affiliated) | Relationship: Rule 144(e) aggregation affiliate of Officer
Transaction: • Type: Proposed Sale • Shares: 15,000 • Price: ~$32.36 • Value: $485,400 • Owned After: Not Stated
Key Insight: This is a small, pre-planned sale by a trust affiliated with the CTO, Kris Rasmussen, under a 10b5-1 plan. The transaction value is negligible compared to the company's $19.1B market cap.
Market Context: The filing indicates this is part of a series of regular, planned sales for estate planning and diversification, which typically has a neutral market impact.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: Figma, Inc. (N/A)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A trust affiliated with Figma's CTO filed a notice of proposed sale for $485,400 worth of common stock, representing a negligible fraction of the company's market capitalization.
- Market Impact: The transaction is pre-planned under a 10b5-1 plan and is too small to have a material impact on the stock.
Company Information
| Field | Value |
|---|---|
| Company | Figma, Inc. |
| Ticker Symbol | N/A |
| CIK | 0001579878 |
| Industry | SERVICES-PREPACKAGED SOFTWARE |
Insider Information
| Field | Value |
|---|---|
| Name | OLIVIA MAE RASMUSSEN IRREV TRUST U/A DTD 05/16/2025 |
| CIK | 0002073592 |
| Title/Position | Chief Technology Officer (Affiliated) |
| Relationship | Rule 144(e) aggregation affiliate of Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2026-01-15 |
| Transaction Code | N/A (Proposed Sale) |
| Security Type | Common |
| Shares Involved | 15,000 |
| Price Per Share | ~$32.36 (Calculated) |
| Total Value | $485,400 |
| Shares Owned After | Not Stated |
| Ownership Type | Indirect |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $485,400 |
| % of Market Cap | 0.0025% |
| Shares Transacted | 15,000 |
| % of Shares Outstanding | 0.0036% |
| Post-Transaction Ownership | Not Stated |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $485k sale is insignificant against Figma's $19.1 billion market capitalization.
- Transaction Significance: The transaction represents just 0.0025% of the market cap and 0.0036% of shares outstanding, falling far below any threshold for materiality.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: This is a routine, pre-scheduled sale under a 10b5-1 plan. The size is immaterial to the company's valuation and public float.
Volume & Sentiment
- Expected Volume Impact: None. The transaction size is too small to affect trading volume noticeably.
- Sentiment Indicator: Neutral. Planned sales by executives for diversification and estate planning are common and do not typically signal a change in their outlook on the company.
Additional Context
Transaction Notes
- Special Circumstances: The sale is being conducted by an independent trustee for a trust benefiting the family of CTO Kris Rasmussen. The filing notes a 10b5-1 plan was adopted on August 6, 2025, confirming the pre-planned nature of this and other recent sales.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.