FIGS (NYSE: FIGS) investor reports 8.4% stake in amended 13D filing

Rhea-AI Filing Summary

Heather Hasson filed an amended Schedule 13D for FIGS, Inc., reporting beneficial ownership of 14,421,434 shares of Class A Common Stock, representing 8.4% of the class based on 158,763,612 shares outstanding as of April 30, 2026. Her holdings include directly owned Class A shares, Class B shares convertible into Class A on a one-to-one basis, restricted stock units and vested options exercisable within 60 days, as well as shares held through various trusts and Hollywood Capital Partners LLC. The filing notes a recent sale of 32,385 shares in open market transactions at a weighted average price of $14.3339 per share, executed solely to cover required taxes and fees upon vesting and settlement of restricted stock units. She disclaims beneficial ownership of shares held by other parties to a Voting Agreement.

Key Figures

Beneficial ownership: 14,421,434 shares Ownership percentage: 8.4% Shares outstanding: 158,763,612 shares +5 more

8 metrics

Beneficial ownership 14,421,434 shares FIGS Class A beneficially owned by Heather Hasson

Ownership percentage 8.4% Percent of FIGS Class A based on shares outstanding as of April 30, 2026

Shares outstanding 158,763,612 shares FIGS Class A shares outstanding as of April 30, 2026

Vested options 11,135,647 shares Options to purchase FIGS Class A vested and exercisable within 60 days

Restricted stock units 13,389 units FIGS restricted stock units held by Heather Hasson

Recent sale 32,385 shares FIGS Class A shares sold on May 4, 2026 to cover taxes and fees

Sale price range $14.160–$14.344 per share Open market sale prices for FIGS shares during tax-related disposal

Weighted average sale price $14.3339 per share Weighted average price for 32,385 FIGS shares sold on May 4, 2026

Key Terms

beneficially own, Class B Common Stock, restricted stock units, Voting Agreement, +2 more

6 terms

beneficially own financial

"The Reporting Person may also be deemed to beneficially own (i) 8,338 shares of Class A Common Stock..."

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

Class B Common Stock financial

"1,072,846 shares of Class B Common Stock, which are convertible at any time... into shares of Class A Common Stock..."

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

restricted stock units financial

"the Reporting Person holds 13,389 restricted stock units and options to purchase 11,135,647 shares..."

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.

Voting Agreement financial

"by virtue of the agreements made pursuant to the Voting Agreement, the Voting Parties may be deemed to be a group..."

open market transactions financial

"disposed of 32,385 shares of Class A Common Stock in a series of open market transactions..."

Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.

sole voting power financial

"Sole Voting Power 14,421,293.00 8 | Shared Voting Power 141.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 10)

FIGS, Inc.

(Name of Issuer)

Class A Common Stock, $0.0001 par value per share

(Title of Class of Securities)

30260D103

(CUSIP Number)

Todd Maron
c/o FIGS, Inc. 2834 Colorado Avenue, Suite 400
Santa Monica, CA, 90404
424-300-8330

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

05/09/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 30260D103

1

Name of reporting person

Hasson Heather L.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 14,421,293.00
8	Shared Voting Power 141.00
9	Sole Dispositive Power 14,421,293.00
10	Shared Dispositive Power 141.00

11

Aggregate amount beneficially owned by each reporting person

14,421,434.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

8.4 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Common Stock, $0.0001 par value per share
(b)	Name of Issuer: FIGS, Inc.
(c)	Address of Issuer's Principal Executive Offices: 2834 Colorado Avenue, Suite 400, Santa Monica, CALIFORNIA , 90404.
Item 1 Comment: EXPLANATORY NOTE: This Amendment No. 10 to Schedule 13D amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission (the "SEC") on May 26, 2022 (as amended, the "Schedule 13D"), relating to the Class A Common Stock, $0.0001 par value per share (the "Class A Common Stock"), of FIGS, Inc., a Delaware corporation (the "Issuer"). Capitalized terms used herein without definition shall have the meaning set forth in the Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a)-(e) of the Schedule 13D is hereby amended and restated in its entirety as follows: Amount beneficially owned: 14,421,434 Percent of Class: 8.4% The above percentage is based upon 158,763,612 shares of Class A Common Stock outstanding as of April 30, 2026 based on the Quarterly Report on Form 10-Q filed with the SEC on May 7, 2026.
(b)	Number of shares the Reporting Person has: -Sole power to vote or direct the vote: 14,421,293 -Shared power to vote: 141 -Sole power to dispose or direct the disposition of: 14,421,293 -Shared power to dispose or direct the disposition of: 141 The Reporting Person is the record holder of 449,439 shares of Class A Common Stock and 1,072,846 shares of Class B Common Stock, which are convertible at any time at the option of the Reporting Person into shares of Class A Common Stock of the Issuer on a one-to-one basis. In addition, the Reporting Person holds 13,389 restricted stock units and options to purchase 11,135,647 shares of Class A Common Stock, that are vested and exercisable, respectively, within 60 days of the date hereof. The Reporting Person may also be deemed to beneficially own (i) 8,338 shares of Class A Common Stock and 1,741,634 shares of Class B Common Stock held of record by various trusts, which are convertible at any time at the option of the Reporting Person into shares of Class A Common Stock on a one-to-one basis and (ii) 141 shares of Class A Common Stock held of record by Hollywood Capital Partners LLC, of which the Reporting Person and Catherine Spear, the Issuer's Chief Executive Officer, are the sole members. In addition, as discussed in Item 2 above, by virtue of the agreements made pursuant to the Voting Agreement, the Voting Parties may be deemed to be a group for purposes of Rule 13d-3 under the Exchange Act. Except for the shares of Class A Common Stock held by Hollywood Capital Partners LLC, shares beneficially owned by the other Voting Parties are not the subject of this Schedule 13D and accordingly, none of the other Voting Parties are included as reporting persons herein. The Reporting Person expressly disclaims beneficial ownership over any shares of Class A Common Stock that are beneficially owned by the other Voting Parties in the group and that it may be deemed to beneficially own solely by reason of the Voting Agreement.
(c)	During the past 60 days, the Reporting Person disposed of 32,385 shares of Class A Common Stock in a series of open market transactions at prices ranging from $14.160 to $14.344 per share, solely to cover required taxes and fees due upon the vesting and settlement of restricted stock units. Details by date, the number of shares of Class A Common Stock disposed of and the weighted average price per share are provided below: -Sale on 5/4/2026 of 32,385 shares, at a weighted average price per share of $14.3339.
(d)	None.
(e)	Not applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Hasson Heather L.

Signature:	/s/ Heather Hasson
Name/Title:	Heather Hasson
Date:	05/12/2026

FAQ

What ownership stake in FIGS (FIGS) does Heather Hasson report in this 13D/A?

Heather Hasson reports beneficial ownership of 14,421,434 FIGS Class A shares, representing 8.4% of the class. This percentage is calculated using 158,763,612 Class A shares outstanding as of April 30, 2026, per the company’s most recent Form 10-Q.

How is Heather Hasson’s FIGS (FIGS) beneficial ownership position structured?

Her FIGS position combines directly held Class A shares, Class B shares convertible one-for-one into Class A, restricted stock units, and options exercisable within 60 days. Additional shares are held through various trusts and Hollywood Capital Partners LLC, where she may be deemed to share beneficial ownership.

What recent FIGS (FIGS) share transactions does Heather Hasson disclose?

She discloses disposing of 32,385 FIGS Class A shares in open market transactions on May 4, 2026. The weighted average sale price was $14.3339 per share, with prices ranging from $14.160 to $14.344, executed solely to cover taxes and fees from restricted stock unit vesting.

How many FIGS (FIGS) options and RSUs does Heather Hasson hold?

Heather Hasson holds options to purchase 11,135,647 FIGS Class A shares and 13,389 restricted stock units. These options are vested and exercisable, and the restricted stock units are vested or settleable, respectively, within 60 days of the filing date referenced in the disclosure.

What FIGS (FIGS) shares related to trusts and LLCs are included in Hasson’s 13D/A?

Hasson may be deemed to beneficially own 8,338 FIGS Class A shares and 1,741,634 Class B shares held by various trusts, plus 141 Class A shares held by Hollywood Capital Partners LLC. She and FIGS’ CEO Catherine Spear are the sole members of that LLC.

How does the Voting Agreement affect Heather Hasson’s FIGS (FIGS) ownership disclosure?

The filing notes a Voting Agreement under which certain parties may be deemed a group under Rule 13d-3. However, Hasson’s amendment clarifies that only Hollywood Capital Partners LLC’s FIGS shares are included, and she expressly disclaims beneficial ownership of other Voting Parties’ FIGS shares.