CTO Kris Rasmussen sells 327,046 FIG shares at $25.07 via pre-arranged 10b5-1 plan; stock at $21.59, down -84.9% from 52-week high.
Kris Rasmussen executed a scheduled sale of 327,046 shares at $25.07 on 2026-05-19 under a pre-arranged 10b5-1 trading plan adopted on 2025-08-06, reducing his stake to 9,771,529 shares. The transaction occurred while Figma stock is trading at $21.59, -84.9% from the 52-week high of $142.92, and the company remains unprofitable with a net income of $-142,401,000 in the latest quarter despite 41.0% annual revenue growth. Rasmussen's prior trades at Figma across five distinct transactions showed negative 30-day and 90-day returns; his cross-ticker track record averaged -14.6% over 30 days and -32.1% over 90 days on 20 prior sells. The scheduled nature of this sale under a 10b5-1 plan means it was not discretionary, but the execution price of $25.07 occurred during a period of significant stock depreciation relative to historical levels.