Hasson Heather L. 4
4 · FIGS, Inc. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
FIGS 10% Owner Heather Hasson Sells 22,874 Shares
What Happened
- Heather L. Hasson, a 10% owner of FIGS, sold 22,874 shares on Feb 5, 2026, in an open-market/private sale. The weighted-average sale price was $10.56 per share for total proceeds of roughly $241,549.
- The sale was made solely to cover taxes and fees arising from the vesting and settlement of restricted stock units (RSUs) and was executed pursuant to a pre-established 10b5-1 instruction letter; it was not a discretionary sale for other purposes.
Key Details
- Transaction date: 2026-02-05; Filing date: 2026-02-09 (filed within the required two-business-day window).
- Shares sold: 22,874; weighted-average price reported $10.56; reported price range $10.5245–$10.5607 per share.
- Reported proceeds: ~$241,549. The filing notes these sales were made solely to cover required tax withholding and fees.
- Beneficial ownership disclosed: 829,385 RSUs (contingent rights to receive Class A shares), plus 2,814,480 Class B shares (direct/indirect) and 11,899,189 shares underlying vested options.
- Additional note: Hasson is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of those LLC-held securities except to the extent of her pecuniary interest.
Context
- This was a routine tax-withholding sale tied to RSU vesting, executed under a 10b5-1 plan — common and generally not interpreted as a directional signal about company prospects.
- As a 10% owner, Hasson’s holdings include convertible Class B shares and large option positions; the sale reported here does not change the broader picture of her potential economic exposure.
Insider Transaction Report
Form 4
FIGS, Inc.FIGS
Hasson Heather L.
DirectorExecutive Chair10% Owner
Transactions
- Sale
Class A Common Stock
[F1][F2][F3][F4]2026-02-05$10.56/sh−22,874$241,549→ 1,251,967 total
Holdings
- 8,338(indirect: By Trust)
Class A Common Stock
- 141(indirect: By LLC)
Class A Common Stock
[F5]
Footnotes (5)
- [F1]THIS FORM 4 CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE THE NUMBER OF SHARES OF THE OUTSTANDING CAPITAL STOCK OF THE ISSUER OWNED BY THE REPORTING PERSON, AND THE RELATED SALE OF CERTAIN SHARES REQUIRED PURSUANT TO A 10B5-1 INSTRUCTION LETTER TO SATISFY THE TAX OBLIGATIONS OWED IN CONNECTION WITH THE VESTING AND SETTLEMENT OF SUCH RSUs. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION.
- [F2]REPRESENTS THE AGGREGATE NUMBER OF SHARES SOLD BY THE REPORTING PERSON SOLELY TO COVER REQUIRED TAXES AND FEES DUE UPON THE VESTING AND SETTLEMENT OF RSUs. THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER ON MAY 9, 2023, AND NONE OF THE SHARES REPORTED ON THIS FORM 4 WERE SOLD FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.5245 to $10.5607 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]829,385 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. In addition to the securities reported in this column, the Reporting Person beneficially owns 2,814,480 shares of the Issuer's Class B Common Stock directly and indirectly through various trusts, which are convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and 11,899,189 shares of the Issuer's Class A Common Stock underlying vested options.
- [F5]The Reporting Person is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
Signature
/s/ Danielle Warner as Attorney-in-Fact for Heather Hasson|2026-02-09