FIGS 10% Owner Heather Hasson Withholds 30,142 Shares for Taxes

What Happened
Heather L. Hasson, a 10% owner of FIGS, Inc. (FIGS), had 30,142 restricted stock units (RSUs) withheld to satisfy tax withholding obligations upon vesting. The withholding is reported as a disposition at $10.92 per share, totaling approximately $329,151. This filing concerns RSU vesting and tax withholding—not an open-market sale.

Key Details

• Transaction date: 2026-08-05; Filing date: 2026-08-07 (timely filing).
• Transaction code: F — shares withheld to satisfy tax withholding on vested RSUs.
• Shares withheld: 30,142 at $10.92 each; total value ≈ $329,151.
• Holdings disclosed (per footnotes): 911,737 RSUs (contingent rights to Class A shares); plus beneficial ownership of 2,814,480 Class B shares (convertible to Class A) and 11,225,605 Class A shares underlying vested options.
• Footnotes: F1–F3 clarify this is withholding on RSU vesting, not a sale; F4 notes Hasson is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of those LLC-held securities except to the extent of her pecuniary interest.

Context
Withholding shares to cover taxes is a common administrative step when RSUs vest and does not necessarily indicate a change in the insider’s market view. As a 10% owner, Hasson is a principal owner rather than a routine executive trader; the transaction was a settlement/withholding event rather than an open-market trade.