FIGS, Inc. (NYSE: FIGS) CFO withholds 21,962 shares to cover RSU taxes

Rhea-AI Filing Summary

FIGS, Inc. Chief Financial Officer Sarah Oughtred reported an automatic share withholding related to RSU vesting. On August 5, 2026, 21,962 shares of Class A Common Stock were withheld at $10.92 per share to satisfy tax withholding obligations; this was not an open-market sale. Following the transaction, she reported ownership of 1,088,165 shares, including 870,488 Restricted Stock Units, each representing one share of Class A Common Stock.

Insider Trade Summary

Net Seller: 21,962 shares

Net Sell 1 txn

Insider Oughtred Sarah

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1, F2, F3	21,962	$10.92	$240K

Holdings After Transaction: Class A Common Stock — 1,088,165 shares (Direct)

Footnotes (3)

1. F1. THIS FORM 4 DOES NOT CONCERN THE SALE OF ANY SHARES. IT ONLY CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs") AND THE RELATED WITHHOLDING OF SHARES TO SATISFY THE TAX OBLIGATION OWED IN CONNECTION THEREWITH. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION.
2. F2. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs previously granted to the Reporting Person.
3. F3. 870,488 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 withheld for taxes: 21,962 shares Per-share value for withholding: $10.92 per share Post-transaction holdings: 1,088,165 shares +1 more

4 metrics

Shares withheld for taxes 21,962 shares Shares withheld on August 5, 2026 to satisfy tax withholding obligations on RSU vesting

Per-share value for withholding $10.92 per share Valuation used for the 21,962 withheld shares related to RSU tax obligations

Post-transaction holdings 1,088,165 shares Total FIGS Class A Common Stock reported owned after the withholding transaction

RSUs included in holdings 870,488 RSUs Restricted Stock Units outstanding, each representing a contingent right to one Class A share

Key Terms

Restricted Stock Units, RSUs, tax withholding obligations

3 terms

Restricted Stock Units financial

"the vesting and settlement of Restricted Stock Units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"870,488 of these securities are RSUs, each representing a contingent right"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax withholding obligations financial

"to satisfy tax withholding obligations in connection with the vesting of RSUs"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/07/2026 - 04:13 PM Accepted by SEC EDGAR 08/07/2026 - 04:12 PM Learn about SEC filing dates

FAQ

What insider transaction did FIGS (FIGS) CFO Sarah Oughtred report?

CFO Sarah Oughtred reported that 21,962 FIGS Class A shares were withheld at $10.92 per share to satisfy tax obligations from RSU vesting. This event reflects tax withholding, not an open-market sale, and she continues to hold over a million shares.

Was the FIGS (FIGS) CFO’s Form 4 transaction an open-market sale of shares?

No. The filing states it "does not concern the sale of any shares". Instead, 21,962 shares were withheld by FIGS to cover tax withholding obligations arising from the vesting and settlement of previously granted Restricted Stock Units.

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

After the withholding, Sarah Oughtred reported owning 1,088,165 shares of FIGS Class A Common Stock. Of these, 870,488 are Restricted Stock Units, each RSU representing a contingent right to receive one share of Class A Common Stock in the future.

What price per share was used for the FIGS (FIGS) tax withholding transaction?

The transaction used a value of $10.92 per share for the 21,962 withheld shares. This per-share amount reflects the price applied to calculate the number of shares needed to satisfy the RSU-related tax withholding obligations, not a market sale price.

What are RSUs in the context of FIGS (FIGS) CFO Sarah Oughtred’s holdings?

RSUs, or Restricted Stock Units, are awards that convert into shares upon vesting. Sarah Oughtred holds 870,488 RSUs, each representing a contingent right to receive one FIGS Class A share, forming a significant portion of her reported post-transaction equity position.

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 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)

	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)
08/05/2026

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	08/05/2026(1)		F		21,962(2)	D	$10.92	1,088,165(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. THIS FORM 4 DOES NOT CONCERN THE SALE OF ANY SHARES. IT ONLY CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs") AND THE RELATED WITHHOLDING OF SHARES TO SATISFY THE TAX OBLIGATION OWED IN CONNECTION THEREWITH. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION.

2. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs previously granted to the Reporting Person.

3. 870,488 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	08/07/2026
	** 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)