Hasson Heather L. 4

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.