SEC Filing Analysis: Figma, Inc.

Executive Summary

• Trading Significance: Low
• Key Takeaway: An irrevocable trust affiliated with Chief Technology Officer Kris Rasmussen filed Form 144 for the proposed sale of 732 common shares valued at approximately $20,122.68 under a Rule 10b5-1 trading plan.
• Market Impact: Neutral; immaterial transaction volume relative to market capitalization and share float.

Company Information

Field	Value
Company	Figma, Inc.
Ticker Symbol	N/A
CIK	0001579878
Industry	Prepackaged Software (7372)

Insider Information

Field	Value
Name	Kris Rasmussen / Olivia Mae Rasmussen Irrevocable Trust
CIK	0002073592
Title/Position	Chief Technology Officer
Relationship	Rule 144(e) Aggregation Affiliate of Officer

Transaction Details

Field	Value
Form Type	144
Transaction Date	2026-09-01
Transaction Code	S (Proposed Sale)
Security Type	Common Stock
Shares Involved	732
Price Per Share	~$27.49
Total Value	$20,122.68
Shares Owned After	N/A
Ownership Type	Indirect (Trust)

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$20,122.68
% of Market Cap ($15.42B)	0.00013%
Shares Transacted	732
% of Shares Outstanding (528.38M)	0.00014%
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: Across a $15.42 billion market capitalization, a $20.1K transaction represents negligible value.
• Dilution & Ownership Impact: The transaction represents an immaterial fraction (0.00014%) of total shares outstanding and introduces zero dilution.

Market Impact Analysis

• Direction: Neutral
• Reasoning: The transaction is routine, executed via a Rule 10b5-1 trading plan adopted on May 28, 2026, and initiated by an independent trustee for family estate planning purposes.
• Sentiment: Neutral

Additional Context

• Special Circumstances: As noted in the filing remarks, the disposition of trust shares is controlled by an independent trustee rather than Mr. Rasmussen directly.