Oughtred Sarah 4

4 · FIGS, Inc. · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 7, 2026

FIGS CFO Sarah Oughtred Withholds 22,197 Shares for Taxes

What Happened

Sarah Oughtred, Chief Financial Officer of FIGS, reported that 22,197 shares were withheld to satisfy tax-withholding obligations tied to the vesting/settlement of restricted stock units (RSUs). The withholding was recorded at $10.05 per share, totaling approximately $223,080. The Form 4 clarifies this was a tax-withholding transaction, not an open-market sale.

Key Details

Transaction date: July 1, 2026; Form 4 filed July 6, 2026.
Withheld shares: 22,197 at $10.05 per share → ~$223,080.
Transaction code: F (tax withholding/payment of tax liability related to equity).
Shares owned after transaction: not specified in the provided excerpt of the filing.
Footnotes: F1—filing concerns RSU vesting and withholding, not a sale; F2—shares were withheld by the issuer to satisfy tax obligations; F3—911,539 of the reported securities are RSUs (each convertible into one Class A share) and the total includes 2,533 shares from the 2021 ESPP acquired May 29, 2026.

Context

This is a routine cashless/withholding event tied to RSU vesting, which reduces outstanding shares held by the insider but is not an indication of an open-market sale or a change in investment stance. For many insiders, tax-withholding withholdings are administrative and do not signal buy/sell intent.

Form 4

Period: 2026-07-01

Chief Financial Officer

Transactions

Tax Payment
Class A Common Stock
[F1][F2][F3]
2026-07-01$10.05/sh−22,197$223,080→ 1,110,127 total

Footnotes (3)

[F1]THIS FORM 4 DOES NOT CONCERN THE SALE OF ANY SHARES. IT ONLY CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs") AND THE RELATED WITHHOLDING OF SHARES TO SATISFY THE TAX OBLIGATION OWED IN CONNECTION THEREWITH. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION.
[F2]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs previously granted to the Reporting Person.
[F3]911,539 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Includes 2,533 shares acquired on May 29, 2026 under the Issuer's 2021 Employee Stock Purchase Plan.

Signature

/s/ Danielle Warner as Attorney-in-Fact for Sarah Oughtred|2026-07-06

1 file