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