Rasmussen Kris, an insider at Figma Inc (FIG), sold 10,894,245 shares of the company on December 2, 2025, at a price of $37.45 per share, bringing the total transaction value to approximately $408.00 million. Following this sale, Kris retains an equal number of shares in the company.
Insider selling can occur for various reasons, including diversification, tax planning, or personal financial needs. While substantial selling activities may draw attention, routine transactions do not inherently signal negative sentiment toward the company.
It is crucial for investors to consider insider transactions as part of a broader context. Such sales must be reported to the SEC, providing transparency into how company executives view their stock. However, a single insider's activity should not dictate investment decisions. Investors are encouraged to look at patterns of insider behavior across various executives and over time to gain a clearer picture.
Figma, a technology company based in the U.S., is known for its AI-powered design platform that enhances collaboration across product development. With a market cap of $17.6 billion and an EPS of -2.37, Figma employs 1,577 full-time staff and offers a suite of products, including Figma Design, Dev Mode, and FigJam, aimed at improving design workflows and efficiency.