FIGS (FIGS) CFO reports 10,515-share sale tied to RSU vesting
Rhea-AI Filing Summary
FIGS, Inc. reported that its Chief Financial Officer, Sarah Oughtred, sold shares of Class A common stock in connection with the vesting of restricted stock units (RSUs). On January 7, 2026, she sold 10,515 shares at a weighted average price of $11.5004 per share, with individual sale prices ranging from $11.50 to $11.55. The filing explains that these shares were sold solely to cover taxes and fees owed upon RSU vesting under a pre-established Rule 10b5-1 instruction letter delivered on August 13, 2024. After these transactions, she beneficially owns 834,830 shares of FIGS Class A common stock, including 712,437 RSUs, each RSU representing a contingent right to receive one share.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,515 | $11.5004 | $121K |
Footnotes (1)
- THIS FORM 4 CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE THE NUMBER OF SHARES OF THE OUTSTANDING CAPITAL STOCK OF THE ISSUER OWNED BY THE REPORTING PERSON, AND THE RELATED SALE OF CERTAIN SHARES REQUIRED PURSUANT TO A 10B5-1 INSTRUCTION LETTER TO SATISFY THE TAX OBLIGATIONS OWED IN CONNECTION WITH THE VESTING AND SETTLEMENT OF SUCH RSUs. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION. REPRESENTS THE AGGREGATE NUMBER OF SHARES SOLD BY THE REPORTING PERSON SOLELY TO COVER REQUIRED TAXES AND FEES DUE UPON THE VESTING AND SETTLEMENT OF RSUs. THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER ON AUGUST 13, 2024, AND NONE OF THE SHARES REPORTED ON THIS FORM 4 WERE SOLD FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.55 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 712,437 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.
FAQ
What insider transaction did FIGS (FIGS) disclose for January 7, 2026?
FIGS disclosed that Chief Financial Officer Sarah Oughtred sold 10,515 shares of Class A common stock on January 7, 2026 at a weighted average price of $11.5004 per share.
What role do RSUs play in this FIGS insider transaction?
The Form 4 explains that the event concerns the vesting and settlement of RSUs, which increased the CFO’s ownership, and that the related share sale was made only to cover tax obligations from that vesting.