Figma's CTO Sells 261,000 Shares for $6.6 Million. Here's What That Means for Investors.
The digital design company reported a notable insider sale as its stock has tumbled 79% over the past year.
Overview
Chief Technology Officer Kris Rasmussen disclosed a sale of ~261,000 shares of Figma, Inc. (NYSE:FIG) at $25.07 per share on July 29, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($25.07); post-transaction value based on July 29, 2026 market close ($24.76).
Details
Figma operates as a leading collaborative design platform serving a global market of design professionals and product teams. The company's cloud-native architecture and browser-based accessibility provide competitive advantages in enabling seamless cross-functional collaboration without requiring local software installation.
Source
Originally published at www.fool.com.