Oughtred Sarah 4

4 · FIGS, Inc. · Filed Apr 6, 2026

AI-generated summary of this filing

Updated Apr 7, 2026

FIGS (FIGS) CFO Sarah Oughtred Sells 10,872 Shares

What Happened

Sarah Oughtred, Chief Financial Officer of FIGS, sold 10,872 shares at $14.44 per share on April 2, 2026, generating proceeds of $156,980. The filing indicates these shares were sold in connection with the vesting and settlement of restricted stock units (RSUs) and the sale was to satisfy tax and fee obligations.

Key Details

Transaction date and price: April 2, 2026 — 10,872 shares sold at $14.44 each.
Proceeds: $156,980 (aggregate).
Transaction type: Sale (reported as open market or private sale) and reported on Form 4 filed April 6, 2026.
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Notable footnotes:
- F1/F2: The sale was related to the vesting/settlement of RSUs and was made solely to cover required taxes and fees under a 10b5-1 instruction letter (delivered Aug 13, 2024). The filing states none of these shares were sold for any reason other than to cover taxes/fees.
- F3: The filing notes 994,079 of the reported securities are RSUs (each a contingent right to one share).
Filing timeliness: No late filing is indicated in the excerpt.

Context

This was a routine sale tied to RSU vesting and tax withholding, executed under a pre-established 10b5-1 instruction — a mechanism that typically indicates the sale was pre-planned to satisfy tax obligations rather than a discretionary bet on the stock. Purchases by insiders often carry more weight as signals; routine tax-related sales are common and not necessarily indicative of management’s view on the company.

Form 4

Period: 2026-04-02

Chief Financial Officer

Transactions

Sale
Class A Common Stock
[F1][F2][F3]
2026-04-02$14.44/sh−10,872$156,980→ 1,153,388 total

Footnotes (3)

[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 AUGUST 13, 2024, AND NONE OF THE SHARES REPORTED ON THIS FORM 4 WERE SOLD FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES.
[F3]994,079 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.

Signature

/s/ Danielle Warner as Attorney-in-Fact for Sarah Oughtred|2026-04-06

1 file