Jao Hsiao Yueh 4

What Happened Jao Hsiao Yueh, a director of FIGS, was granted 15,456 restricted stock units (RSUs) on June 3, 2026. The grant was reported as an award (transaction code A) at $0.00 per RSU (no cash paid at grant). Each RSU represents a contingent right to receive one share of FIGS Class A common stock upon vesting.

The RSUs were awarded automatically under FIGS’ Non-Employee Director Compensation Program at the issuer’s 2026 annual meeting. This is a compensation award (not an open‑market purchase or sale) and does not constitute immediate ownership of shares until the RSUs vest and are settled.

Key Details

• Transaction date: June 3, 2026; Transaction type: Award/Grant (code A)
• Amount granted: 15,456 RSUs; grant price reported: $0.00; total cash paid at grant: $0
• Vesting: RSUs vest in full on the earlier of (i) the one‑year anniversary of June 3, 2026 or (ii) the date of the issuer’s next annual meeting following June 3, 2026, subject to continued service (Footnote F1)
• Each RSU = right to one share of Class A common stock (Footnote F2)
• Shares owned following the transaction: not specified in the filing
• Filing date: June 3, 2026; no late filing indicated in the report

Context RSUs are a promise to deliver shares in the future if vesting conditions are met; they are commonly used for director compensation and are not the same as an immediate stock purchase. Because this is a routine director equity grant, it should be viewed as compensation-related rather than a direct buy/sell signal about the director’s market view.