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FIGS Form 144: Insider sold 99,834 shares Aug 4; 9,968 planned Oct 3

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

Rhea-AI Filing Summary

FIGS, Inc. insider Sarah Oughtred filed a Form 144 disclosing a proposed sale of 9,968 shares of Class A common stock with an aggregate market value of $73,364.48, expected on 10/03/2025 on the NYSE. The shares were acquired on 10/01/2025 upon vesting of Restricted Stock Units under the company's 2021 Equity Incentive Award Plan; the filing records 20,067 shares acquired in that vesting event and notes payment as services rendered.

The filing also lists a prior sale by the same person on 08/04/2025 of 99,834 shares for gross proceeds of $617,972.46. The filer certifies they are not aware of undisclosed material adverse information about the issuer. This notice is a routine compliance disclosure under Rule 144 describing recent acquisitions and proposed dispositions by an insider.

Positive

  • Filed under Rule 144 showing compliance with reporting requirements
  • Shares to be sold were acquired by RSU vesting under the 2021 Equity Incentive Award Plan

Negative

  • Large prior sale on 08/04/2025 of 99,834 shares for $617,972.46
  • Proposed near-term sale of recently vested 9,968 shares on 10/03/2025

Insights

Insider filed to sell newly vested shares and had a large prior sale in August.

The Form 144 shows a proposed sale of 9,968 shares valued at $73,364.48 on 10/03/2025, acquired via RSU vesting on 10/01/2025. That timing indicates the sale relates to recently vested equity rather than open-market purchases.

The filing also discloses a materially larger sale on 08/04/2025 of 99,834 shares for $617,972.46. For investors, repeated insider sales of this magnitude are a disclosed fact to consider; the filing includes the insider's attestation of no undisclosed material information.

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

What did the FIGS insider file in the Form 144?

The filing discloses a proposed sale of 9,968 Class A shares valued at $73,364.48, expected on 10/03/2025.

How were the shares being sold acquired?

The 9,968 shares were acquired on 10/01/2025 upon vesting of Restricted Stock Units under FIGS' 2021 Equity Incentive Award Plan.

Did the filer sell shares recently before this notice?

Yes. The filing reports a prior sale on 08/04/2025 of 99,834 shares for gross proceeds of $617,972.46.

Who is the person selling the securities?

The seller named in the filing is Sarah Oughtred, with an address c/o FIGS, Inc.

On which exchange is the proposed sale expected to occur?

The proposed sale is reported to occur on the NYSE on 10/03/2025.
Figs Inc

NYSE:FIGS

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FIGS Stock Data

1.95B
148.36M
5.14%
94.03%
5.59%
Apparel Manufacturing
Apparel & Other Finishd Prods of Fabrics & Similar Matl
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United States
SANTA MONICA