Hasson Heather L. 4

What Happened
Heather L. Hasson, a 10% owner of FIGS, Inc. (FIGS), sold 32,385 shares on May 4, 2026 in an open-market/private sale at a weighted average price of $14.33 per share for total proceeds of about $464,203. The sale was made in connection with the vesting and settlement of restricted stock units (RSUs) and was executed solely to satisfy tax and fee withholding obligations.

Key Details

• Transaction date: 2026-05-04; Form filed: 2026-05-06 (timely).
• Shares sold: 32,385; weighted-average price: $14.33; price range reported: $14.160–$14.344. Total proceeds ≈ $464,203. (Sales were made in multiple transactions — exact per-price breakdown available on request.)
• Purpose: Sales were solely to cover required taxes and fees upon RSU vesting and were made pursuant to a 10b5-1 instruction letter delivered May 9, 2023. Footnotes state none of these shares were sold for any reason other than to cover taxes/fees.
• Post-transaction holdings disclosed: 984,368 RSUs (contingent rights to Class A shares), beneficial ownership of 2,814,480 Class B shares (convertible to Class A), and 10,995,729 Class A shares underlying vested options.
• Additional note: Hasson is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of certain securities except to the extent of her pecuniary interest.

Context
This was a tax-withholding sale tied to RSU settlement rather than a discretionary sale for diversification or liquidity; such transactions are routine and do not necessarily indicate a change in sentiment. As a 10% owner, Hasson holds a substantial stake in FIGS through Class B shares and vested option positions.