Kris Rasmussen, Chief Technology Officer of Figma, Inc. (FIG), sold 327,046 shares of the company's stock on May 19, 2026. The transaction, valued at approximately $8.20 million, occurred at an average price of $25.07 per share.
This sale follows other notable insider transactions at Figma in recent days. On May 19, 2026, Brendan Mulligan also executed a sale of 18,741 shares, totaling roughly $469,274. Additionally, Daniel H. Rimer, Yucca (Jersey) SLP, and Index Ventures VI (Jersey) LP each sold 12,475 shares on May 18, 2026, with each transaction amounting to approximately $303,891.
Insider selling can be attributed to a variety of reasons, including portfolio diversification, tax planning, or adherence to pre-arranged trading plans, and does not necessarily indicate a negative view of the company's prospects.