FIGS (FIGS) director receives 15,456 RSUs as annual equity grant
Rhea-AI Filing Summary
Lin Kenneth Jian-Hong reported acquisition or exercise transactions in this Form 4 filing.
FIGS, Inc. director Kenneth Jian-Hong Lin reported an equity compensation grant in the form of restricted stock units (RSUs). He was awarded 15,456 RSUs of Class A Common Stock at a grant price of $0.00 per unit as part of the company’s Non-Employee Director Compensation Program.
These RSUs were granted automatically on the date of FIGS’ 2026 annual stockholder meeting and will vest in full on the earlier of the one-year anniversary of June 3, 2026 or the next annual meeting after that date, subject to his continued service. Following this award, Lin is reported as beneficially owning 161,705 shares and RSUs of Class A Common Stock.
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Insider Trade Summary
Net Buyer: 15,456 shares
Net Buy
1 txn
Insider
Lin Kenneth Jian-Hong
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,456 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 161,705 shares (Direct)
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.
Key Figures
RSUs granted: 15,456 RSUs
Grant price per RSU: $0.00 per unit
Holdings after grant: 161,705 shares/RSUs
+1 more
4 metrics
RSUs granted
15,456 RSUs
Annual non-employee director equity grant on June 3, 2026
Grant price per RSU
$0.00 per unit
Director equity award compensation
Holdings after grant
161,705 shares/RSUs
Beneficial ownership of FIGS Class A Common Stock after award
Vesting timing
By June 3, 2027 or next annual meeting
Full vesting contingent on continued service as director
Key Terms
restricted stock units, Non-Employee Director Compensation Program, annual equity grant, contingent right
4 terms
restricted stock units financial
"These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant"
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.
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"
contingent right financial
"each representing a contingent right to receive one share of the Issuer's Class A Common Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did FIGS (FIGS) director Kenneth Lin report in this Form 4?
Director Kenneth Jian-Hong Lin reported receiving 15,456 restricted stock units (RSUs) of FIGS Class A Common Stock as an equity award. The grant is part of the company’s Non-Employee Director Compensation Program and reflects routine board compensation, not an open-market share purchase.
How many FIGS (FIGS) RSUs did Kenneth Lin receive and at what price?
Kenneth Lin received 15,456 FIGS restricted stock units (RSUs) at a stated grant price of $0.00 per unit. Each RSU represents a contingent right to receive one share of FIGS Class A Common Stock, subject to vesting conditions tied to his continued board service.
When do Kenneth Lin’s FIGS (FIGS) RSUs from this grant vest?
The 15,456 FIGS RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the date of the next annual stockholder meeting after June 3, 2026. Vesting requires Kenneth Lin’s continued service as a director through that applicable vesting date.
What is Kenneth Lin’s FIGS (FIGS) Class A Common Stock position after this grant?
After the reported RSU grant, Kenneth Jian-Hong Lin beneficially owns 161,705 shares and RSUs of FIGS Class A Common Stock. This total includes the newly granted 15,456 restricted stock units, each of which may convert into one share upon vesting and settlement, subject to program terms.
Is Kenneth Lin’s FIGS (FIGS) RSU grant an open-market stock purchase?
No, the Form 4 shows a compensatory grant, not a market trade. The 15,456 RSUs were granted automatically under FIGS’ Non-Employee Director Compensation Program at a $0.00 grant price, reflecting equity compensation for board service rather than a discretionary stock purchase on the open market.