STOCK TITAN

Equity grant lifts FIGS (NYSE: FIGS) director Melanie Whelan’s holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WHELAN MELANIE ANYA reported acquisition or exercise transactions in this Form 4 filing.

FIGS, Inc. director Melanie Anya Whelan received an equity award of 15,456 restricted stock units (RSUs), each representing one share of Class A common stock. The award is her automatic annual grant under the company’s Non-Employee Director Compensation Program.

The RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026, or the next FIGS annual stockholder meeting after that date, as long as she continues serving as a director. Following this grant, Whelan directly holds 55,683 shares of FIGS Class A common stock.

Positive

  • None.

Negative

  • None.
Insider WHELAN MELANIE ANYA
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 15,456 $0.00 --
Holdings After Transaction: Class A Common Stock — 55,683 shares (Direct, null)
Footnotes (1)
  1. These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically on the date of the Issuer's 2026 annual meeting of stockholders. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of June 3, 2026 and (ii) the date of the Issuer's next annual meeting of stockholders following June 3, 2026, subject to the Reporting Person's continued service through the applicable vesting date. 15,456 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.
RSU grant size 15,456 RSUs Annual non-employee director equity grant
Grant price $0.00 per share RSUs granted at no cash cost
Post-grant holdings 55,683 shares Total Class A common stock held directly after award
Grant/award code Transaction code A Classified as grant, award, or other acquisition
Grant date June 3, 2026 Date of annual meeting and RSU grant
restricted stock units ("RSUs") financial
"These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant..."
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.
Non-Employee Director Compensation Program financial
"pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically..."
annual equity grant financial
"represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program..."
vest in full financial
"The RSUs vest in full on the earlier to occur of (i) the one-year anniversary..."
contingent right financial
"each representing a contingent right to receive one share of the Issuer's Class A Common Stock."
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SEC Form 4
FORM 4UNITED 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*
WHELAN MELANIE ANYA

(Last)(First)(Middle)
C/O FIGS, INC. 2834 COLORADO AVENUE
SUITE 400

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/03/2026A15,456(1)A$055,683(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically on the date of the Issuer's 2026 annual meeting of stockholders. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of June 3, 2026 and (ii) the date of the Issuer's next annual meeting of stockholders following June 3, 2026, subject to the Reporting Person's continued service through the applicable vesting date.
2. 15,456 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 Melanie Whelan06/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What did FIGS (FIGS) director Melanie Whelan report in this Form 4?

Melanie Whelan reported receiving 15,456 restricted stock units as an annual equity award. Each RSU represents one FIGS Class A share, granted at no cash cost as part of the Non-Employee Director Compensation Program.

How many FIGS (FIGS) shares does Melanie Whelan hold after this grant?

After this grant, Melanie Whelan directly holds 55,683 shares of FIGS Class A common stock. This total includes the newly granted RSUs that will settle into shares when they vest, assuming she continues serving as a director.

When do Melanie Whelan’s new FIGS (FIGS) RSUs vest?

The RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026, or FIGS’ next annual stockholder meeting after that date. Vesting is conditioned on her continued service on the board through the applicable date.

Are Melanie Whelan’s FIGS (FIGS) RSUs an open-market stock purchase?

No, these RSUs are a compensatory equity award, not an open-market purchase. They were granted automatically under FIGS’ Non-Employee Director Compensation Program with a grant price of $0.00 per unit, subject to future vesting conditions.

What does each FIGS (FIGS) RSU granted to Melanie Whelan represent?

Each of the 15,456 RSUs represents a contingent right to receive one share of FIGS Class A common stock. The shares will be delivered only if the vesting conditions are satisfied, aligning director compensation with long-term shareholder interests.