FIGS director granted 15,456 RSUs in equity award
Willhite John Martin reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Willhite John Martin reported acquisition or exercise transactions in this Form 4 filing.
FIGS, Inc. director John Martin Willhite received an equity grant of 15,456 restricted stock units (RSUs) of Class A Common Stock. The grant represents his annual equity award under the company’s Non-Employee Director Compensation Program, automatically granted on the date of the 2026 annual meeting of stockholders.
The RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the next annual meeting of stockholders following that date, subject to his continued service. Following this award, he directly holds 3,263,095 shares of FIGS Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,456 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 15,456 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. This amount also includes 3,147,432 shares of the Issuer's Class A Common Stock received in a pro rata distribution exempt pursuant to Rule 16a-9 under the Securities Exchange Act of 1934, as amended.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Non-Employee Director Compensation Program financial
pro rata distribution financial
Rule 16a-9 regulatory
FAQ
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What did FIGS (FIGS) director John Martin Willhite report in this Form 4?
What are the vesting terms for John Martin Willhite’s new FIGS (FIGS) RSUs?
What does each RSU granted to John Martin Willhite by FIGS (FIGS) represent?
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