Lin Kenneth Jian-Hong 4

What Happened
Kenneth Jian‑Hong Lin, a director of FIGS, Inc. (FIGS), was granted 15,456 restricted stock units (RSUs) on June 3, 2026. The grant was recorded at $0.00 per share on the Form 4 (code A — award/grant), representing a contingent right to receive one share of Class A common stock per RSU. This is an equity award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Transaction type: Award/Grant (Form 4 code A).
• Shares granted: 15,456 RSUs; reported price: $0.00 (no cash paid at grant).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Vesting: RSUs vest in full on the earlier of (i) the one‑year anniversary (June 3, 2027) or (ii) the date of the issuer’s next annual meeting, subject to continued service (per footnote).
• Nature of securities: Each RSU represents a contingent right to receive one share of Class A common stock (per footnote).
• Timeliness: Filing was made on June 3, 2026 (same day), indicating it was timely.

Context
RSUs are a common form of director compensation and do not represent immediately owned shares until they vest and convert into stock. Such grants are routine for non‑employee directors and are informative about compensation but do not by themselves indicate buying or selling sentiment.