Hasson Heather L. 4

What Happened
Heather L. Hasson, a 10% owner of FIGS, reported that 6,813 shares were disposed on July 1, 2026 as a result of shares being withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding was recorded at $10.05 per share for a total value of approximately $68,471. This was not an open-market sale of shares but a tax-withholding action related to RSU settlement.

Key Details

• Transaction date: 2026-07-01; price: $10.05/share; total value: ~$68,471.
• Transaction code: F — tax withholding to cover tax obligations on vested RSUs (per footnotes).
• Footnotes: F1 clarifies the Form 4 concerns vesting/settlement and withholding, not a sale; F2 confirms shares were withheld to satisfy tax withholding; F3 details beneficial ownership counts (970,979 RSUs; 2,814,480 Class B shares convertible to Class A; and 11,135,647 shares underlying vested options); F4 notes Hasson is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership except to the extent of pecuniary interest.
• Filing timeliness: no late-filing indicator provided in the summary information.

Context
This was a routine tax-withholding transaction following RSU vesting (a common occurrence when equity awards vest). For a 10% owner like Hasson, such withholdings reflect compensation and tax obligations rather than a deliberate directional trade; they do not necessarily signal buying or selling sentiment.