FIGS: CFO Sarah Oughtred received 22,196 shares

What happened The Form 4 reports that Sarah Oughtred, chief financial officer, had 22,196 shares disposed as a "payment of exercise price or tax liability (F)" at $14.08 per share, totaling $312,520 on Oct 1, 2026. The filing states this relates to the vesting and settlement of restricted stock units (RSUs) and the withholding of shares to satisfy tax obligations.

Key details

• Transaction date and price: Oct 1, 2026; $14.08 per share; total $312,520.
• Transaction code: F (tax withholding to satisfy tax obligation in connection with RSU vesting).
• Shares owned after the transaction: filing reports 828,998 securities as RSUs.
• Relevant footnotes: F1 states the form does not concern a sale but RSU vesting and share withholding; F2 confirms shares were withheld to satisfy tax withholding; F3 states 828,998 of these securities are RSUs, each representing a contingent right to one share.
• Filing date: Oct 5, 2026 (transaction reported for Oct 1, 2026).

Why it may matter This was a tax-withholding transaction tied to RSU vesting and is not reported as a market sale. A filing does not show why the insider traded or why the company acted.