FIGS Form 144 Reveals $618K Insider Stock Sale Planned for Aug 2025
Rhea-AI Filing Summary
FIGS, Inc. filed a Form 144 signaling an intended sale of 99,834 Class A common shares through broker E*TRADE on or about 08/04/2025. The shares were acquired on 08/01/2025 upon vesting of Restricted Stock Units granted under the company’s 2021 Equity Incentive Award Plan. The planned sale carries an aggregate market value of $617,972.46, implying an average price of roughly $6.19 per share.
The transaction represents approximately 0.06% of FIGS’ 154,267,492 shares outstanding. No prior sales were reported in the past three months, and the filer affirms awareness of no undisclosed adverse information. The notice contains no earnings data, financial guidance, or additional corporate developments.
Positive
- None.
Negative
- Planned insider sale of 99,834 shares could be viewed as a modest negative signal, though scale is immaterial (0.06% of shares outstanding).
Insights
TL;DR: Routine Form 144 shows minor insider sale (0.06% of float); negligible fundamental impact.
The filing discloses a forthcoming sale of roughly $618k in FIGS stock, originating from recently vested RSUs. While insider selling can be perceived negatively, the scale is immaterial relative to FIGS’ market capitalization and daily trading volume. No other material events or financial metrics accompany the notice. Consequently, the document is best viewed as routine administrative disclosure rather than a signal of changing fundamentals.