FIGS: 10% owner Heather Hasson received 6,812 shares

What happened The filing reports that Heather Hasson, a 10% owner, had 6,812 shares withheld to satisfy tax withholding in connection with the vesting and settlement of restricted stock units (RSUs). The transaction is reported as code F (payment of exercise price or tax liability) at $14.08 per share, totaling $95,913, dated Oct 1, 2026. The filing notes that it does not concern the sale of any shares but the withholding of shares to satisfy tax obligations.

Key details

• Transaction date and price: Oct 1, 2026; $14.08 per share; total $95,913. Transaction code: F (tax withholding).
• Shares owned after the transaction: the filing notes 898,348 RSUs (each representing a contingent right to one Class A share). In addition, Hasson beneficially owns 2,814,480 shares of Class B Common Stock (convertible at her option into Class A) and 11,405,524 shares of Class A Common Stock underlying vested options.
• Relevant footnotes:
  • F1: Form 4 concerns RSU vesting and related withholding, not a sale of shares.
  • F2: Shares were withheld by the issuer to satisfy tax withholding obligations on RSU vesting.
  • F3: 898,348 securities are RSUs; additional beneficial holdings listed above.
  • F4: Hasson is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership except for her pecuniary interest.
• The filing does not indicate lateness.

Why it may matter

• This transaction reflects withholding of shares to cover tax on RSU vesting, not an open-market sale.
• The reporting person is a 10% owner, indicating a large holder rather than an executive role.
• A filing does not show why the insider traded or why the company acted.