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FIGS Form 144 Reveals $618K Insider Stock Sale Planned for Aug 2025

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

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.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

How many FIGS (FIGS) shares are being sold under this Form 144?

99,834 Class A common shares are slated for sale.

What is the estimated market value of the planned FIGS stock sale?

The filing lists an aggregate value of $617,972.46.

When were the shares acquired by the filer?

Shares were acquired on 08/01/2025 upon RSU vesting.

What percentage of FIGS’ shares outstanding does this sale represent?

Approximately 0.06% of the 154,267,492 shares outstanding.

Which broker will execute the FIGS share sale?

The filing names E*TRADE Financial Corporation as broker.
Figs Inc

NYSE:FIGS

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FIGS Stock Data

1.91B
148.36M
5.14%
94.03%
5.59%
Apparel Manufacturing
Apparel & Other Finishd Prods of Fabrics & Similar Matl
Link
United States
SANTA MONICA