Director at FIGS (NYSE: FIGS) granted 15,456 RSUs as annual equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jao Hsiao Yueh reported acquisition or exercise transactions in this Form 4 filing.
FIGS, Inc. director Jao Hsiao Yueh received a grant of 15,456 restricted stock units (RSUs) of Class A Common Stock as annual director compensation. The RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the next annual stockholder meeting, subject to continued service. Following this grant, the director holds 97,719 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jao Hsiao Yueh
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,456 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 97,719 shares (Direct, null)
Footnotes (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.
Key Figures
RSU grant size: 15,456 RSUs
Post-transaction holdings: 97,719 shares
Transaction price: $0.0000 per share
+1 more
4 metrics
RSU grant size
15,456 RSUs
Annual equity grant on June 3, 2026
Post-transaction holdings
97,719 shares
Shares of Class A Common Stock after grant
Transaction price
$0.0000 per share
Compensation grant, not an open-market purchase
Vesting schedule
Earlier of one-year from June 3, 2026 or next annual meeting
Vesting condition for 15,456 RSUs
Key Terms
restricted stock units ("RSUs"), Non-Employee Director Compensation Program, annual meeting of stockholders, vesting, +1 more
5 terms
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 meeting of stockholders regulatory
"were granted automatically on the date of the Issuer's 2026 annual meeting of stockholders"
vesting financial
"The RSUs vest in full on the earlier to occur of (i) the one-year anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"each representing a contingent right to receive one share of the Issuer's Class A Common Stock"
FAQ
What did FIGS (FIGS) director Jao Hsiao Yueh report in this Form 4 filing?
The Form 4 reports an acquisition of 15,456 restricted stock units (RSUs) of FIGS Class A Common Stock as an annual equity grant. These RSUs are part of the Non-Employee Director Compensation Program.
What are the vesting terms of the 15,456 FIGS (FIGS) RSUs granted to Jao Hsiao Yueh?
The 15,456 RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the next FIGS annual meeting of stockholders. Vesting is conditioned on the director’s continued service through the applicable vesting date.
Is the FIGS (FIGS) RSU grant to Jao Hsiao Yueh part of a standard compensation program?
Yes. The RSUs represent the director’s annual equity grant under FIGS’ Non-Employee Director Compensation Program. They were granted automatically on the date of the company’s 2026 annual meeting of stockholders, consistent with that program.
Does the RSU grant to FIGS (FIGS) director Jao Hsiao Yueh involve any cash payment?
No purchase price is involved for this RSU grant, as indicated by the zero dollar per-share transaction price. It is a stock-based compensation award rather than an open-market share purchase or sale.