BlackRock (NYSE: BLK) reports 5.3% beneficial ownership position in FIGS
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of 8,336,021 shares of FIGS, Inc. Class A stock, representing 5.3% of the class. BlackRock has sole voting power over 8,193,488 shares and sole dispositive power over 8,336,021 shares, with no shared voting or dispositive power. The position is held through certain BlackRock business units, and various underlying clients have economic interests, but no single client holds more than five percent of FIGS’ outstanding common shares.
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Key Figures
Beneficial ownership: 8,336,021 shares
Percent of class: 5.3%
Sole voting power: 8,193,488 shares
+3 more
6 metrics
Beneficial ownership
8,336,021 shares
Shares of FIGS, Inc. Class A stock beneficially owned by BlackRock, Inc.
Percent of class
5.3%
Percentage of FIGS, Inc. Class A stock beneficially owned by BlackRock, Inc.
Sole voting power
8,193,488 shares
FIGS, Inc. shares over which BlackRock, Inc. has sole voting power
Shared voting power
0
FIGS, Inc. shares over which BlackRock, Inc. has shared voting power
Sole dispositive power
8,336,021 shares
FIGS, Inc. shares over which BlackRock, Inc. has sole dispositive power
Shared dispositive power
0
FIGS, Inc. shares over which BlackRock, Inc. has shared dispositive power
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Number of shares as to which the person has | (i) Sole power to vote or to direct the vote"
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.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 8336021"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"this schedule is filed as a Schedule 13G beneficial ownership report"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
percent of class financial
"Percent of class: 5.3 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How much of FIGS (FIGS) stock does BlackRock currently report owning?
BlackRock reports beneficial ownership of 8,336,021 shares of FIGS Class A stock, representing 5.3% of the class. This stake is held through certain BlackRock business units and reflects shares over which they have voting and/or dispositive power.
What dispositive power does BlackRock report for its FIGS (FIGS) holdings?
BlackRock reports sole dispositive power over 8,336,021 shares of FIGS Class A stock and no shared dispositive power. Sole dispositive power means its reporting business units can decide if and when to sell those shares.
Does BlackRock’s reported FIGS (FIGS) ownership include all of its business units?
The reported stake reflects securities beneficially owned by certain BlackRock business units identified as reporting units. It excludes other BlackRock business units whose beneficial ownership is disaggregated under SEC guidance and therefore not combined with this position.