FIGS CFO sells 23,597 shares to cover RSU taxes

FIGS, Inc. Chief Financial Officer Sarah Oughtred reported an open-market sale of 23,597 shares of Class A Common Stock at a weighted average price of $14.3339 per share.

Rhea-AI Filing Summary

FIGS, Inc. Chief Financial Officer Sarah Oughtred reported an open-market sale of 23,597 shares of Class A Common Stock at a weighted average price of $14.3339 per share. The footnotes state these shares were sold solely to cover taxes and fees due on the vesting and settlement of restricted stock units, under a pre-arranged Rule 10b5-1 instruction letter.

After the transaction, Oughtred directly owns 1,129,791 shares, including 953,028 RSUs, each representing a contingent right to receive one share of Class A Common Stock. The sales occurred in multiple trades at prices ranging from $14.160 to $14.344 per share.

Insider Trade Summary 10b5-1

Net Seller: 23,597 shares

Net Sell 1 txn

Insider Oughtred Sarah

Role Chief Financial Officer

Sold 23,597 shs ($338K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	23,597	$14.3339	$338K

Holdings After Transaction: Class A Common Stock — 1,129,791 shares (Direct)

Footnotes (4)

1. F1. 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. F2. 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. F3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.160 to $14.344 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.
4. F4. 953,028 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: 23,597 shares Weighted average sale price: $14.3339 per share Sale price range: $14.160–$14.344 per share +2 more

5 metrics

Shares sold 23,597 shares Open-market sale on 2026-05-04 to cover RSU taxes

Weighted average sale price $14.3339 per share Class A Common Stock sale

Sale price range $14.160–$14.344 per share Multiple transactions within this range

Shares held after transaction 1,129,791 shares Direct ownership following sale

RSUs outstanding 953,028 RSUs Each RSU represents a right to one share

Key Terms

restricted stock units ("RSUs"), 10B5-1 instruction letter, weighted average price, contingent right

4 terms

restricted stock units ("RSUs") financial

"THIS FORM 4 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 financial

"THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER ON AUGUST 13, 2024..."

weighted average price financial

"The price reported is a weighted average price. These shares were sold in multiple transactions..."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

contingent right financial

"953,028 of these securities are RSUs, each representing a contingent right to receive one share..."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FIGS (FIGS) CFO Sarah Oughtred report in this Form 4?

CFO Sarah Oughtred reported selling 23,597 shares of FIGS Class A Common Stock at a weighted average price of $14.3339 per share. Footnotes explain the sale was solely to cover taxes and fees tied to vesting and settlement of RSUs under a Rule 10b5-1 instruction letter.

Why were FIGS (FIGS) shares sold by the CFO according to the filing?

The filing states all 23,597 shares were sold solely to cover required taxes and fees from RSU vesting and settlement. The sales followed a pre-arranged Rule 10b5-1 instruction letter delivered on August 13, 2024, and were not made for any other purpose.

How many FIGS (FIGS) shares does the CFO hold after this Form 4 transaction?

After the reported sale, CFO Sarah Oughtred directly holds 1,129,791 shares of FIGS Class A Common Stock. Footnotes specify that 953,028 of these securities are RSUs, each representing a contingent right to receive one share of Class A Common Stock upon settlement.

At what prices were the FIGS (FIGS) shares sold in the CFO’s transaction?

The sale’s reported weighted average price is $14.3339 per share. Footnotes note multiple transactions within a price range of $14.160 to $14.344 per share, and the reporting person offers to provide detailed trade breakdowns upon request.

What role do RSUs play in this FIGS (FIGS) CFO Form 4 filing?

The filing explains the Form 4 relates to the vesting and settlement of RSUs, which increased the CFO’s ownership of FIGS capital stock. Shares reported as sold were used to cover tax obligations arising from this vesting, while 953,028 RSUs remain outstanding as contingent rights.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/06/2026 - 08:18 PM Learn about SEC filing dates

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).

X

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)
05/04/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/04/2026(1)		S(2)		23,597	D	$14.3339(3)	1,129,791(4)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.160 to $14.344 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.

4. 953,028 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	05/06/2026
	** 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)