SEC Filing Analysis: Figma, Inc.

Executive Summary

• Trading Significance: Low
• Key Takeaway: Grace Harper Rasmussen Irrevocable Trust, affiliated with CTO Kris Rasmussen, filed a Form 144 notice to sell 731 shares valued at approximately $20,095.
• Market Impact: Immaterial market impact given the negligible transaction size relative to Figma's $15.42B market capitalization.

Company Information

Field	Value
Company	Figma, Inc.
Ticker Symbol	N/A
CIK	0001579878
Industry	Services-Prepackaged Software [7372]

Insider Information

Field	Value
Name	Kris Rasmussen / Grace Harper Rasmussen Irrev 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	731
Price Per Share	~$27.49
Total Value	$20,095.19
Shares Owned After	N/A
Ownership Type	Indirect (Trust)

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$20,095.19
% of Market Cap ($15.42B)	0.00013%
Shares Transacted	731
% of Shares Outstanding (528.38M)	0.00014%
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: Against Figma's large-cap valuation of $15.42B, a $20K disposition is completely immaterial to capital structure and stock liquidity.
• Transaction Significance: The transaction represents ~0.00014% of shares outstanding, falling well below any standard materiality threshold.

Market Impact Analysis

• Direction: Neutral
• Reasoning: The trade is scheduled under a Rule 10b5-1 plan adopted on 05/28/2026 and executed by an independent trustee for estate planning purposes.
• Expected Volume Impact: Negligible.
• Sentiment Indicator: Neutral

Additional Context

• Special Circumstances: The filing notes that while aggregated under Rule 144(e) with CTO Kris Rasmussen, the disposition is fully controlled by an independent trustee pursuant to a Rule 10b5-1 plan.