[144] FIGS, Inc. SEC Filing

Rhea-AI Filing Summary

FIGS filed a Form 144 notice reporting a proposed sale of 65,866 shares of Class A common stock on the NYSE through E*TRADE, with an aggregate market value of $453,158.08. The filing lists total outstanding shares of 154,989,563 and an approximate sale date of 08/13/2025.

The shares were acquired on 08/12/2025 upon vesting of 128,082 restricted stock units awarded under the company's 2021 Equity Incentive Award Plan; the consideration is recorded as services rendered. The form reports no securities sold in the past three months. Certain filer contact fields and the identity of the person for whose account the sale is proposed are not specified in the visible content.

Positive

• RSU vesting executed under the 2021 Equity Incentive Award Plan (128,082 shares acquired), showing the company's compensation program functioning
• No securities sold in the past three months by the person for whose account the sale is proposed, as reported in the filing

Negative

• None.

Insights

Securities Analyst

TL;DR: Small proposed sale following RSU vesting; no recent sale history is reported, suggesting limited near-term market impact.

The notice documents a proposed sale of 65,866 shares valued at $453,158.08 to occur on 08/13/2025 via E*TRADE. These shares were acquired the prior day through vesting of 128,082 RSUs under the 2021 Equity Incentive Award Plan and are recorded as compensation for services. The proposed sale represents approximately 0.043% of the 154,989,563 shares outstanding, which is immaterial from a supply perspective. The filing also reports no sales in the past three months and omits the specific seller identity in the visible sections.

Corporate Governance Expert

TL;DR: The transaction reflects routine equity compensation and a subsequent notification of intended sale; governance signals are neutral based on disclosed facts.

The document shows RSU vesting under an established equity plan and a related Form 144 for planned disposition. Disclosure that the shares were acquired as compensation (services rendered) aligns with standard executive or employee remuneration practices. Absence of reported sales over the prior three months reduces concerns about an accelerating sell-off. However, the filing does not display the filer contact or explicitly name the account holder in the visible content, which limits transparency for stakeholders reviewing insider activity.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	E*TRADE Financial Corporation 3 Edison Drive Alpharetta GA 30005	65866	453158.08	154989563	08/13/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	08/12/2025	Shares acquired upon vesting of Restricted Stock Units awarded under the Issuer's 2021 Equity Incentive Award Plan.	FIGS, Inc.			128082	08/12/2025	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does FIGS' Form 144 filed for 08/13/2025 report?

It reports a proposed sale of 65,866 Class A shares on 08/13/2025 via E*TRADE with an aggregate market value of $453,158.08.

How were the shares being sold acquired according to the filing?

The filing states the shares were acquired on 08/12/2025 upon vesting of 128,082 restricted stock units awarded under the 2021 Equity Incentive Award Plan, with payment noted as services rendered.

Does the filing identify the person for whose account the securities will be sold?

The visible content does not specify the name of the person for whose account the securities are to be sold; several filer contact fields are also blank.

Has the person reported any securities sold in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

What percentage of FIGS' outstanding shares does the proposed sale represent?

The proposed sale of 65,866 shares versus 154,989,563 outstanding shares represents approximately 0.043% of the outstanding share count.