Was the FIGS (FIGS) CFO’s share sale made under a Rule 10b5-1 plan?

Yes. The filing states the sales were made under a Rule 10b5-1 instruction letter delivered on August 13, 2024. Such pre-arranged trading instructions automate transactions, in this case to cover RSU-related taxes and fees, rather than reflecting discretionary market-timing decisions.

FIGS (NYSE: FIGS) CFO sells shares solely to cover RSU tax bill

Q: What insider transaction did FIGS (FIGS) disclose for CFO Sarah Oughtred?

FIGS disclosed that CFO Sarah Oughtred sold 10,872 shares of Class A Common Stock. The filing states the sale was an open-market transaction executed solely to cover taxes and fees related to the vesting and settlement of her restricted stock units (RSUs).

Q: At what price were the FIGS (FIGS) shares sold in the latest insider transaction?

The reported shares were sold at $14.4389 per share. The filing characterizes this as an open-market sale, executed under a Rule 10b5-1 instruction letter, to satisfy tax obligations arising from the vesting and settlement of restricted stock units (RSUs).

Q: Why did FIGS (FIGS) CFO Sarah Oughtred sell 10,872 shares?

The sale was made solely to cover required taxes and fees owed when her restricted stock units vested and settled. The Form 4 explicitly notes that none of the 10,872 shares were sold for any reason other than meeting these RSU-related tax obligations.

Q: What are RSUs referenced in the FIGS (FIGS) insider filing for the CFO?

RSUs, or restricted stock units, are equity awards that give the holder a right to receive shares in the future upon vesting. The filing notes that 994,079 of Oughtred’s reported securities are RSUs, each convertible into one share of FIGS Class A Common Stock.

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

FIGS, Inc. Chief Financial Officer Sarah Oughtred reported an open-market sale of 10,872 shares of Class A Common Stock at $14.4389 per share. According to the disclosure, these shares were sold solely to cover required taxes and fees triggered by the vesting and settlement of restricted stock units (RSUs).

The sales were executed under a pre-arranged Rule 10b5-1 instruction letter delivered on August 13, 2024, and were not made for any other purpose. After the transaction, Oughtred holds 1,153,388 shares directly, including 994,079 RSUs, each representing a contingent right to receive one share of Class A Common Stock.

Insider Trade Summary 10b5-1

Net Seller: 10,872 shares ($156,980)

Net Sell 1 txn

Insider Oughtred Sarah

Role Chief Financial Officer

Sold 10,872 shs ($157K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	10,872	$14.4389	$157K

Holdings After Transaction: Class A Common Stock — 1,153,388 shares (Direct)

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. 994,079 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.

Key Figures

Shares sold: 10,872 shares Sale price per share: $14.4389 per share Shares held after transaction: 1,153,388 shares +1 more

4 metrics

Shares sold 10,872 shares Open-market sale on 2026-04-02 to cover RSU taxes

Sale price per share $14.4389 per share Price for FIGS Class A Common Stock sold by CFO

Shares held after transaction 1,153,388 shares Direct holdings following the reported sale

RSUs outstanding 994,079 RSUs Each RSU represents a right to one Class A share

Key Terms

restricted stock units ("RSUs"), 10B5-1 instruction letter, Class A Common Stock, tax obligations

4 terms

restricted stock units ("RSUs") financial

"CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

10B5-1 instruction letter regulatory

"THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER"

Class A Common Stock financial

"REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF THE ISSUER'S CLASS A COMMON STOCK"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

tax obligations financial

"REQUIRED PURSUANT TO A 10B5-1 INSTRUCTION LETTER TO SATISFY THE TAX OBLIGATIONS OWED"

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 09:03 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Oughtred Sarah

(Last)

(First)

(Middle)

C/O FIGS, INC. 2834 COLORADO AVENUE

SUITE 100

(Street)

SANTA MONICA

CALIFORNIA

90404

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIGS, Inc. [ FIGS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/02/2026⁽¹⁾		S⁽²⁾		10,872	D	$14.4389	1,153,388⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. 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.

3. 994,079 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.

Remarks:

	/s/ Danielle Warner as Attorney-in-Fact for Sarah Oughtred	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did FIGS (FIGS) disclose for CFO Sarah Oughtred?

FIGS disclosed that CFO Sarah Oughtred sold 10,872 shares of Class A Common Stock. The filing states the sale was an open-market transaction executed solely to cover taxes and fees related to the vesting and settlement of her restricted stock units (RSUs).

At what price were the FIGS (FIGS) shares sold in the latest insider transaction?

The reported shares were sold at $14.4389 per share. The filing characterizes this as an open-market sale, executed under a Rule 10b5-1 instruction letter, to satisfy tax obligations arising from the vesting and settlement of restricted stock units (RSUs).

Why did FIGS (FIGS) CFO Sarah Oughtred sell 10,872 shares?

The sale was made solely to cover required taxes and fees owed when her restricted stock units vested and settled. The Form 4 explicitly notes that none of the 10,872 shares were sold for any reason other than meeting these RSU-related tax obligations.

How many FIGS (FIGS) shares does CFO Sarah Oughtred hold after this transaction?

After the sale, Oughtred directly holds 1,153,388 FIGS shares. Footnotes clarify that 994,079 of these are RSUs, each representing a contingent right to receive one share of Class A Common Stock upon satisfaction of applicable vesting and settlement conditions.

What are RSUs referenced in the FIGS (FIGS) insider filing for the CFO?

RSUs, or restricted stock units, are equity awards that give the holder a right to receive shares in the future upon vesting. The filing notes that 994,079 of Oughtred’s reported securities are RSUs, each convertible into one share of FIGS Class A Common Stock.